Describe any other factors you would consider in making

Assignment Help Operation Management
Reference no: EM1380796

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

Reference no: EM1380796

Questions Cloud

Calculation for programming and machine independency : Assume f is a function that returns the result of reversing string of symbols given as its input, and g is a function that returns concatenation of the 2-strings given as its input. If x is the string abcd,
Create a program that reads number of dooflingies : The shipping clerk at Rinky Dooflingy Corporation is faced with the problem: Dooflingies are very deilicate and must be shipped in special containers.
Function that uses a switch statement : To locate nearest numbered cross street for a given avenue address, the following algorithm can be used: cancel last diget of the address, divide by two,
Question about flight function : An airline vice president in charge of operations requires to determine whether the current estimates of flight times are accurate. because there is a larger possiblity of variations due to wether and air traffic in the longer flights.
Describe any other factors you would consider in making : Describe any other factors you would consider in making a decision to continue or discontinue doing business with this organization. State the process you would follow to make your decision, provide your decision, and explain the decision making s..
Discuss the process you would apply to determine : Discuss the process you would apply to determine whether the procedure falls within the RN scope of practice and how you would go about introducing the new procedure with physicians and fellow nurses.
Creating an oracle : The clique problem itself is NP-hard. Thus you may not wish to have an oracle that runs in exponential time. Consider approach to approximate the solution.
Boreki reviews the classification and then places item : How can Boreki use this information? Boreki reviews the classification and then places item A2 into the A category. Why might he do so?
Do you think you can stay competitive in business : Do you think you can stay competitive in business, get acceptable bottom-line results, and still operate in an honest and ethical manner? Why, or why not?

Reviews

Write a Review

Operation Management Questions & Answers

  Illustrate what really matter in term of behaviour is

Experience differentiation is an extension of product differentiation, accomplished by utilizing people's five senses to create an experience rather than simply providing a service.

  Calculate the reasons cited by o brian for relocation

Calculate the reasons cited by O'Brian for relocation is they justifiable. Illustrate what legal also ethical responsibilities does a industry have to its employees when a decision to cease operations is made.

  Explain how should businesses handle those deemed

Role of Product Harm also Consumer Vulnerability. Explain how should businesses handle those deemed to be vulnerable.

  Illustrate what is the largest standard deviation

Specifications for the 12-ounce bar are 330 grams to 350 grams. Illustrate what is the largest standard deviation (in grams) that the machine that fills the bars molds can have and still be considered capable if the average fill is 340 grams.

  Explain why is it so important for businesses to understand

Illustrate what is meant by moment of truth in service design. Explain why is it so important for businesses to understand this concept.

  Establish five key objectives for wal-mart encompassing

Establish five key objectives for Wal-Mart encompassing operational, financial also human resource aspects of business.

  Illustrate what role has international hrm played

Describe explain how Avon's business model has changed in light of demographic also social changes in the United States (US) also abroad. Illustrate what role has International Human Resource Management (IHRM) played in the organization's global e..

  Research methods or critiquing an article

Critiques an article from Forbes Magazine to ascertain whether or not good research methods were employed.

  Describe the number of chairs also table to produce each day

The organization needs to describe the number of chairs also table to produce each day in order to maximize profit. Formulate a linear programming model for this problem.

  Elucidate how many immediate parents does item e have

Elucidate how many immediate parents (one level above) does item I have. Elucidate how many immediate parents does item E have. Elucidate how man unique components does product A have at all levels. Which of components are purchased items.

  Illustrate similarities of effective and ineffective cycles

Illustrate what are similarities of effective and ineffective cycles. Building a culture that was inclusive of diverse cultures and accommodates highly creative technical staff.

  Standardization of stock items

nternal customers in organizations, Distribution resource planning (DRP), Electronic data interchange (EDI), Stocktaking, inventory policy, Shelf life of products, Limited storage space

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