Reference no: EM13794052
Question 1:
Global Suppliers. Please respond to the following:
Describe how organizations can overcome the geographic, cultural, and language challenges when seeking potential overseas suppliers. Give specific examples.
Decide how organizations can instill the same ethical standards in overseas suppliers, especially Asian suppliers.
Explain what other two (2) assessments, in addition to what is published in the Global Competitiveness Report, you might need to determine the risks and opportunities of an overseas supplier for your company or organization or institution. Expand on the value add of these two (2) assessments.
Question 2:
Describe how organizations can overcome the geographic, cultural, and language challenges when seeking potential overseas suppliers. Give specific examples.
With the United States being so diverse with a melting pot of different cultural people, consulting with a workforce agency who supply able body workers should be a resource.
Decide how organizations can instill the same ethical standards in overseas suppliers, especially Asian suppliers.
In the overseas arena, the same holds true on a diversity of people to share their talent of multi language skill. In overseas countries, I have seen that English is taught as a second language. As a resource to turn too, there are supportive organizations such as international purchasing offices who affiliate internationally.
Explain what other two (2) assessments, in addition to what is published in the Global Competitiveness Report, you might need to determine the risks and opportunities of an overseas supplier for your company or organization or institution. Expand on the value add of these two (2) assessments.
Two additional assessment features that come to mind when dealing with overseas suppliers are there "Quality" and "Standards" policy. Different countries and societies interpret this differently in large regards. What is understood to be the substandard or of poor quality may not be the same rational or understanding other countries rate.
Question 3:
Pick two items in the ISM principles and standards of Ethical supply management conduct and IFPSM Code of Ethics and then explain how you could do better or improve on in your current practice.
Explain the actions you might take when your company or your colleagues compromise ethical principles and codes based on personal experiences.
Describe three (3) ethical principles and code that your company practice well and how these practices help increase and grow business.
Question 4:
Pick two items in the ISM principles and standards of Ethical supply management conduct and IFPSM Code of Ethics and then explain how you could do better or improve on in your current practice.
The two I choose are:
Acquire and maintain professional competence.
This is important because the better in tune your knowledge and skills are, the more effective of a leader customers and subordinates will want to look up to and do business with
Encourage support for small, disadvantage and minority owned businesses.
Small minority owned businesses are the cornerstone of the private sector. They employ personnel which in turn stimulates growth in our economy. Supporting the small disadvantage minority businesses supports local community stability.
Explain the actions you might take when your company or your colleagues compromise ethical principles and codes based on personal experiences.