Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Section D (Case Study (2 x 3 marks = 6 marks) For Economic Stakeholders Relation of Supply Chain of a Company Issue: To what extent

image text in transcribed
Section D (Case Study (2 x 3 marks = 6 marks) For Economic Stakeholders Relation of Supply Chain of a Company Issue: To what extent do best practices contribute to the community in which the organization is based and operating AS Organizations are become more global, so to minimize the cost the ancies are relocating their production facilities. It results in loss of jobs at bome and these jobs are taken by low paid employees in different part of the world. The positive prin about the globalization is that firms can produce the products where it makes most of sense. So a product which is transported from Hong Kong to USA a different stages of production least workers of 10 countries are involved in production process The negative point of this more globalized world is that you cannot take account of how at different contractors employees are treated and there is more employee shere overseas As such, while advocates of offering a ticing often point to the benefits the process brings to the workers in developing countries who have now some job, ultimately, is ne clear of people who are employed because of this globalization are gel benefit or not. The people in US are also Dot happy with loss of blue-collar and white collar jobs to human resource of other countries as they feel they are denied of an opportunity. Still some of the jobs may have been lost advance system of manufacturing but still when company works in foreign lands is also take care of charal and social issues of country. The company tot only faces the strategic issues but implementation of CSR procedure throughout the organization become difficult due to cultural differences. It also effects companies implantation of CSR in itupply chain operations. To what extent company can implement its thical values from thical purchasing to proper disposal of the ad product and if it become a force for positive change How firm will deal with a conflict in CSR issue in the supply chain of the company Also, what will be the effect of the perceived abuse of labor and other CSR related issues on the Image of organization at home soil. The people in developing countries are looking as opportunity when any foreign company install its prediction facility in their country but for pooplein west the working condition in these countries are not good and in their view many fundamental rights of human are compromised An important component of this argument, therefore, is the iden of cultural relativism to what extent should actions in overseas countries, be judge by home country's moral, ethical and religious standards, and by what extent it has to be judged in historical and cultural context in which they court Western NGOS, in particular in particular secused of actively campaigned against the opening of Westem operations in developing countries based on Westem nations of acceptable working conditions but they are not able to provide alimative source of investment if the company is forced to withdraw In short, while there we instances of either extreme, it is not clean whether outsourcing and other foreign involvement in local Communities overseas is absolute good or had Answer the following Questions Related to Case Study Why does NIKE continue to source its production overseas? What advantages does this generate for the firm? What are the disadvantages that result from the decision? Overal do the benefits of NIKE's decision outweigh the costs? (3) It is fair to make a comparison between the amount NIKE pays its factory workers in Vietnam and the salaries of its CEO and the athletes that endorse the company's products? Give your opinion on The (3) Section D (Case Study (2 x 3 marks = 6 marks) For Economic Stakeholders Relation of Supply Chain of a Company Issue: To what extent do best practices contribute to the community in which the organization is based and operating AS Organizations are become more global, so to minimize the cost the ancies are relocating their production facilities. It results in loss of jobs at bome and these jobs are taken by low paid employees in different part of the world. The positive prin about the globalization is that firms can produce the products where it makes most of sense. So a product which is transported from Hong Kong to USA a different stages of production least workers of 10 countries are involved in production process The negative point of this more globalized world is that you cannot take account of how at different contractors employees are treated and there is more employee shere overseas As such, while advocates of offering a ticing often point to the benefits the process brings to the workers in developing countries who have now some job, ultimately, is ne clear of people who are employed because of this globalization are gel benefit or not. The people in US are also Dot happy with loss of blue-collar and white collar jobs to human resource of other countries as they feel they are denied of an opportunity. Still some of the jobs may have been lost advance system of manufacturing but still when company works in foreign lands is also take care of charal and social issues of country. The company tot only faces the strategic issues but implementation of CSR procedure throughout the organization become difficult due to cultural differences. It also effects companies implantation of CSR in itupply chain operations. To what extent company can implement its thical values from thical purchasing to proper disposal of the ad product and if it become a force for positive change How firm will deal with a conflict in CSR issue in the supply chain of the company Also, what will be the effect of the perceived abuse of labor and other CSR related issues on the Image of organization at home soil. The people in developing countries are looking as opportunity when any foreign company install its prediction facility in their country but for pooplein west the working condition in these countries are not good and in their view many fundamental rights of human are compromised An important component of this argument, therefore, is the iden of cultural relativism to what extent should actions in overseas countries, be judge by home country's moral, ethical and religious standards, and by what extent it has to be judged in historical and cultural context in which they court Western NGOS, in particular in particular secused of actively campaigned against the opening of Westem operations in developing countries based on Westem nations of acceptable working conditions but they are not able to provide alimative source of investment if the company is forced to withdraw In short, while there we instances of either extreme, it is not clean whether outsourcing and other foreign involvement in local Communities overseas is absolute good or had Answer the following Questions Related to Case Study Why does NIKE continue to source its production overseas? What advantages does this generate for the firm? What are the disadvantages that result from the decision? Overal do the benefits of NIKE's decision outweigh the costs? (3) It is fair to make a comparison between the amount NIKE pays its factory workers in Vietnam and the salaries of its CEO and the athletes that endorse the company's products? Give your opinion on The (3)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Operational Auditing A Complete Guide Practical Tools For Self Assessment

Authors: The Art Of Service Operational Auditing Publishing

2021 Edition

1867442043, 978-1867442042

More Books

Students also viewed these Accounting questions

Question

Explain the factors that determine the degree of decentralisation

Answered: 1 week ago

Question

What Is acidity?

Answered: 1 week ago

Question

Explain the principles of delegation

Answered: 1 week ago

Question

State the importance of motivation

Answered: 1 week ago

Question

Discuss the various steps involved in the process of planning

Answered: 1 week ago

Question

9. Explain the relationship between identity and communication.

Answered: 1 week ago

Question

a. How do you think these stereotypes developed?

Answered: 1 week ago

Question

a. How many different groups were represented?

Answered: 1 week ago