Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Ethical dilemma: You work for a U.S.-based textile company struggling with overseas competitors that have access to low-cost labor. While you pay your factory workers $14 an hour plus benefits, you know that a similar textile mill in Vietnam is paying its employees about $0.50 an hour, and the mill does not have to comply with the same safety and environmental regulations that your company does. Although your mill is marginally profitable, the Vietnamese factory clearly has a cost advantage. Your CEO wants to move production to Vietnam where labor and compliance costs are lower, resulting in mill closure and employee layoffs. Your mill is the only large employer in a small community. Many of the employees have worked there their entire working lives. What is the right action to take for stockholders? What is the most ethical course of action? Is there a conflict here?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92567375

Have any Question?


Related Questions in Operation Management

A simple form or sample of a letter or document for both

A simple form or sample of a letter or document for both parties to sign when you are lending an individual money. The amount of money is $8,000.00 with interest of $2,000.00. The agreement is just between two persons an ...

1 why knowledge management components ndash

1. Why Knowledge Management Components – “People”, “Process” and “Platforms (Technology)” need to be aligned to achieve the KM Strategic goals and objectives ? 2. In this thread, we discussed personal learning outcomes f ...

Observational exerciseleadership skillspurpose1 to develop

Observational Exercise Leadership Skills Purpose 1. To develop an understanding of different types of leadership skills 2. To examine how leadership skills affect a leader's performance Directions 1. Your task in this ex ...

Siemens is a leading global electrical engineering and

Siemens is a leading global electrical engineering and electronics firm headquartered in Munich, Germany. Profiling a highly-diversified company, this case addresses the issue of optimizing the business portfolio through ...

1 what are some of the things you are going to have to do

1. What are some of the things you are going to have to do to legally get your business started? specifically a resaurant as well as what type of business for a restaraunt is the smartest of LLC, partnership, or corperat ...

1 design an effective and creative marketing communication

1. Design an effective and creative marketing communication (print advertisement) of your own, for Pepsi any one of its products for the chosen target market. 2. A well-written report would contain the following elements ...

Why is creative confidence important in open and

Why is creative confidence important in open and collaborative innovation? Will people be affected if they choose not to exercise their creative confidence? How? What are examples of companies that practice open/collabor ...

Assignmentat the latest lunch and learn seminar for tlg

Assignment At the latest Lunch and Learn seminar for TLG consultants, Winnie begins the seminar with a discussion of "time is of the essence" clauses in contracts. You begin discussion by reacting to the following 2 ques ...

1 is it necessary for there to be physical asset

1. Is it necessary for there to be physical asset specificity for Klein-Crawford-Alchian’s story to work? 2. Provide a simple example of why shirking is basically a free-rider problem. 3. Why is Alchian and Demsetz’s inf ...

1 discuss how the path-goal theory of leadership is built

1. Discuss how the path-goal theory of leadership is built upon the expectancy theory of motivation. 2. Discuss the impact of the balanced score card on marketing strategy - if possible correlate to the wireless industry ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As