Ethical Cost

Unit 3 DB: The Ethical Cost of Doing Business Debate (BUS411) Unit 3 DB: The Ethical Cost of Doing Business DebateDetecting unethical practices at supplier factories, including monitoring and compliance, is a major challenge to say the least. Yet, wages drive costs and it’s an absolute necessity to maintain the lowest cost in the production of any good. Or is it?

 

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This week focuses on the debate! Start or select a fellow student’s side, and either support or argue against that position, but be constructive in your approach.  Employ teamwork! Discuss how important is it for companies, such as Nike and Wal-Mart that source extensively from foreign suppliers located in countries where wages are low and substandard working conditions are common to institute supplier codes of conduct and undertake programs to monitor and ensure supplier compliance with these codes of conduct?

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Would you recommend that a company join the Fair Labor Association and use FLA’s standards and program of factory audits instead of trying to set up its own supplier monitoring and compliance effort? What can a company do to detect and combat the efforts of unscrupulous foreign suppliers to deceive inspection/compliance teams?

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Unit 3 DB: Dual Commitment (HRM303) Unit 3 DB: Dual Commitment In unionized employment, an employee is simultaneously a company employee and union-represented. How does the employee manage both roles? What are the major areas of conflict? Can they be resolved? If so, how? If not, why? For more information read this: https://en.wikipedia.org/wiki/Business_ethics

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