Explain the ethics of continuing to do business, Operation Management

Assignment Help:

Assume you are a manager of a large heavy equipment manufacturing company. Your company currently outsources the manufacturing of a specialized piece of equipment to a firm in another country. The outsourcing of this piece of equipment has saved your organization a considerable amount of money and has increase profits by 15%. A recent newspaper article has revealed that this firm is paying their employees only a few dollars a day and their employees often work long hours. While you are not the only company that uses this firm your company was specifically named in the newspaper article. You have been asked by your CEO to make a decision on whether or not to continue to do business with this firm.

By Wednesday, August 3, 2013, post your answers to the following questions in paragraph form (minimum of 500-600 words) to this Discussion Area. Be sure to incorporate your weekly readings, citing your sources using proper APA (including in-text citations and references).

In making this decision you will need to do the following:

1. Discuss the ethics of continuing to do business with this firm. In this discussion evaluate the economic, legal and ethical issues. Describe how a written code of ethics might impact your decision.

2. Describe any other factors you would consider in making a decision to continue or discontinue doing business with this organization.

3. State the process you would follow to make your decision, provide your decision, and explain the decision making style you have used.

4. Prepare A SWOT analysis of your decision using the following table:

Strengths Weaknesses

Opportunities Threats


Related Discussions:- Explain the ethics of continuing to do business

Would this need cause you to turn down this franchise, The franchise fee is...

The franchise fee is %u201Cthe one-time payment made to become a franchisee%u201D (Hatten, 2009, p. 142). Hatten also stated that %u201Csome agreements require you to have a percen

Decision tree analysis applied to capacity expansion, Decision Tree Analysi...

Decision Tree Analysis Applied to Capacity Expansion Linear programming and computer simulation models focus on the short term question of how to use existing capacity. But the

Explain what is its default risk premium, The real risk-free rate, r*, is 2...

The real risk-free rate, r*, is 2.5%. Inflation is expected to average 2.8% a year for the next 4 years, after which time inflation is expected to average 3.75% a year. Assume that

Explain significant values of an organization, Symbols, stories, and heroes...

Symbols, stories, and heroes are important because they ------------------------ entertain executive level management. Address the concerns of government. Acquaint customers to the

Elements, what are the elements of production forecasting?

what are the elements of production forecasting?

Define the minimum and maximum cycle times, An assembly line with 11 tasks ...

An assembly line with 11 tasks is to be balanced. The longest task is 2.7 minutes, the shortest task is 0.4 minutes, and the sum of the task times is 18 minutes. The line will oper

Explain purchase the motors for the appliance, A firm plans to begin produc...

A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the appliance from a vendor for $7 each or to produce them in-

What is an e-r diagram, Conceptual Modeling looks at how the data is struct...

Conceptual Modeling looks at how the data is structured and what the characteristics of the data are. What characteristics of data are represented in an E-R diagram?

What separates characteristics from management techniques, Provide two exam...

Provide two examples of current leaders and describe how they demonstrate their leadership characteristics. What separates these characteristics from management techniques? How eff

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd