Question
- you own a company that makes t-shirts. You currently pay the average line employee $12.00 per hour. Average cost per shirt is about $7.00
- you own a company that makes t-shirts. You currently pay the average line employee $12.00 per hour. Average cost per shirt is about $7.00 (that includes raw materials, labor, overhead, etc.) You can make the same t-shirt (within 90% quality equivalency) in Vietnam for an average cost of $3.00 (that includes raw materials, labor, overhead, shipping costs, etc.). Your average line employee would earn $1.00 per hour in Vietnam. Your company is privately owned and has 1 shareholder: you. What ethical issues should you consider when facing this decision? What would your decision be and why? How might your ethical issues differ from those of Wal-Mart...or would they? Be sure to bring in other areas of law learned in previous weeks.
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