Good Business Bad Business and Sustainability Essay

In general, the outsourcing is hiring the foreign workers/company to do a particular task, as opposed to hiring domestic workers/company. Besides the outsourcing, the international purchase is an essential activity of companies. In the trend of a booming global economy, a company only focuses on its core value and hire suppliers to supply the necessary product and service. The relationship between companies are complicated and interdependent.

Many firms are learning that being environmentally friendly and sustainable has numerous benefits. (O.C Ferrell, Fraedrich, Ferrell, 2015). This could enable them to increase goodwill from various stakeholders and also save money in the long term. This will mean that they are being more efficient and less wasteful of resources, which will enable them to be more competitive by satisfying stakeholders. The CEO of

The framework of corporate social responsibility is such that it is relatively complex and multidimensional. A three-dimensional

Outsourcing is a method used by many corporations in which their products are manufactured in foreign countries often for cheaper labor.This method method of productions has it’s pros and cons.

In today’s society, outsourcing has become a very critical and controversial issue to companies and other countries. Outsourcing is known as offshoring as an organization’s use of an outside organization for a broad set of services. As technology continues to grow and advance more, outsourcing becomes more popular. Many American white collar jobs are being taken over by foreign countries around the world. Almost every occupation or career in the United States has some effect of the outsourcing. As a result, many Americans become unemployed and financially challenged; being that outsourcing can increase the United States unemployment rate. Employees who live in the US rather keep jobs in the country to create more opportunities. On the other hand, few stakeholders

In the race to the bottom, as Mark promptly points out, when price is a priority, workers’ safety is not. However, due to wide unemployment and lack of alternatives in Bangladesh, the workers are ready to work for wages that are next-to-nothing. These workers or proletariats, according to Karl Marx, who have nothing to offer but their labor, are boldly exploited by the bourgeoisie, the owners, to accumulate profits for themselves, disregarding the poor condition of the workers. It also agrees with the conflict view that offshoring leads to further global inequality and the case in question clearly provides an empirical evidence for the argument. Barry however deserves appraisal because unlike his competitor giants, he cares about his workers, paying them three times the minimum wage and checking up on them every few months.

American companies and their products, have increasingly been pursed to be manufactured abroad. This however is one of the biggest discrepancies we confront within our economy. Although many businesses argue this is beneficial in order for them to turn a higher profit and be successful, the National Labor Committee thinks otherwise. Outsourcing has become one of the leading factors in product recalls, exploitation of workers, and a major contributor to the unemployment statistics in the US.

Which action is taken will largely depend upon whether it is believed that the outcome will be beneficial to the greatest number of individuals, such as Utilitarianism suggests; or whether the outcome is appropriate based on the duties one has to those around them as is suggested by Deontology, or in the case of Virtue Ethics, is it not necessarily about the rules and principles of what should be done, but rather what one wants to become?

Consumers want the best quality at the lowest price and the investors want to see a high profit, so to do that companies have to find the middle ground. Which means they have to find the best solution for everyone even if it means outsourcing jobs offshore because it more cost effective for the company. According to Jagdish N. Bhagwati, “employing workers at lower cost allows U.S. companies to be more efficient and productive, permitting them to create the same amount of goods with fewer resources. In turn, this lowers the price of the goods in the United States, strengthening U.S. companies and freeing workers for other tasks. The savings allows U.S. companies to stay afloat and expand in a highly competitive global market” (Otterman, 2004). Outsourcing is not always a bad, it is a change, and change is what pushes both our economy and our nation forward.

The first and foremost thing to do is to consider before outsourcing is business profitability. Some of the factors to consider regarding this

The Fundamental Principles of the Metaphysics of Morals by Immanuel Kant (1724-1804) believes in the reasonable and free compliance of one’s will to follow and abide by the moral law. This position provides an ethical foundation for what is recognized as morality. For Kant, the moral value of an act is not determined from its expected consequences, but from the representation of law itself.

This model is relating to Primark. Primark source globally, they don’t have their own factories that make their own products. They work with around 700 suppliers and all of their suppliers are from China, India and Bangladesh to Turkey and Eastern Europe. They take worker welfare seriously and they make sure that suppliers must follow the Code of Conduct to make products in good working conditions. Every factory of the suppliers is carefully inspected against the code before Primark replace and order with a supplier. If there is an any issues or problems they find in the products they will sent their inspected team to check all the products.

Proponents of deontological ethics do not consider consequences as important when determining whether an individual is moral or immoral. Morality is based solely on the person’s action. Several ethical theories are deontological theories.

In the past decade the topic of outsourcing has become a heavily debated subject on if it is ethically correct to outsourcing jobs to foreign countries. Outsourcing has become more and more an option for many companies and not just an economic fad. The decision to outsource is a difficult one for any company to make because there are many advantages and disadvantages to consider. The decision to outsource affects many people, communities, and industries so if a corporation decides to outsource they must consider how it will affect human dignity, the common good of the economy, and subsidiary.

Blowfield, M. and Murray, A. (2011) ‘Introducing corporate responsibility’, (2nd edition) corporate responsibility. Oxford: Oxford university press, pp.3-25