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Another example of unethical globalization choices would be the irresponsible exploitation of child labor and, more generally, of extremely poor societies where local populations have no choice but to work long hours for pennies a day. In that regard, it is fundamentally unethical for product manufacturers based in nations with public policies and laws that prohibit exploitative wages and working conditions to outsource their manufacturing processes to foreign nations where there are no such local restrictions.
It may be perfectly acceptable for an American athletic footwear company to employ foreign labor to take advantage of generally lower wages by American standards that still provide humane working conditions and a livable wage to employees. It is another matter entirely to exploit foreign populations living in abject poverty without doing anything to improve their lives or provide a livable wage. Similarly, there is nothing necessarily wrong for an American company...
However, for American companies to export materials classified under federal law as "toxic waste" (such as many computer hardware components) to foreign nations where poor workers perform dangerous and life-threatening work that would be strictly prohibited in the U.S. In parts of China, for example, extremely poor people (including very young children) work long hours burning and melting computer hardware components to extract minute quantities of precious metals for recycling plants.
As is the case with many human affairs in business and elsewhere, what determines the ethical nature of practices and business decisions in connection with globalism are not determined as much by absolutes but much more by complex interrelationships of the issues involved. Ultimately, globalism presents both tremendous business opportunities as well as temptations to pursue some of those benefits in an unethical manner.
Outsourcing has made great controversy within a number of industries lately. Essentially, outsourcing is "the act of one company contracting with another company to provide services that might otherwise be performed by in-house employees" (Conjecture Corporation, 2012). Yet, this movement is not as easy or pain free as it sounds. Yes, outsourcing can help keep costs down and allow a company to remain globally competitive; however, outsourcing can also cost
Outsourcing is a business strategy that firms employ to reduce costs and sharpen their competitive advantages. With intention to increase revenues, reduce costs, and achieve performance improvement, large number firms are continuing outsourcing part of their business processes to focus on their core business activities. With pressing demand from the stakeholders, corporate executives area constantly looking for strategies to deliver better short-term and long-term results that could enhance corporate market
Outsourcing is generally conducted for the benefit of the individual firm, but often creates negative outcomes for the economy at large. The best way to understand the economic issues surrounding outsourcing is to understand the economic tradeoffs at play. Two case studies will help in fostering this understanding. Fishman discusses the experiences of Wal-Mart suppliers, struggling to compete in a global marketplace. Friedman discusses some of the non-economic factors involved
Outsourcing Shipping Management Outsourcing is a process by which an organization takes the services of an external party to perform some of its operations or functions. Outsourcing is also done by shipping firms all over the Globe (Outsource Freight, 2012). Ship owners generally outsource their operations and management functions to the external parties against for a particular period of time and against a specific sum of money (Lorange, 2009). Outsourcing of
Outsourcing: "The Effects on Pratt & Whitney vs. Other Global Airline Vendors" Aviation maintenance is the basic issue. Therefore the process of aviation maintenance and its issues have to be seen in the light of outsourcing. There are many systems in the regular maintenance of aircrafts other than mere issue of parts and replacements. It is in this light that the problems and position of the airline vendors ought to be
Outsourcing is an appropriation of particular business operations to a professional foreign service provider. (Haugen, Musser, & Lovelace, 2009, p. 34) Most often then not, businesses and organizations have trouble handling all aspects of a business process privately or in this case, domestically, and need to seek professional assistance elsewhere. Additionally, some processes do not need permanent in-house professionals, allowing for outsourcing to be the cheaper alternative. Once a job