Please respond to the following:
- Assess the value of having a Supplier Code of Conduct when outsourcing operational functions to international markets and the enforceability of such a code.
- Evaluate whether or not you believe a U.S.-based company outsourcing jobs to foreign markets is ethical. Support your position.
- Assume that you have to make the decision to outsource work to a foreign market. Determine what country would be your best option. Explain your rationale.
Assess the value of having a Supplier Code of Conduct when outsourcing operational functions to international markets and the enforceability of such a code.
- A Supplier Code of Conduct can be an invaluable tool. The key is the enforcement of the code. Many times, employers will put different codes of conduct and other policies into place, but over time, the enforcement of those codes and policies begins to lack. The code essentially becomes worthless. The Supplier Code of Conduct would establish certain principles that suppliers would have to adhere to, including how they outsource, from whom, and general work policies. Some of the larger international, U.S. based companies may require that all suppliers, including foreign suppliers, adhere to the FCPA and other policies which protect against a supplier committing corrupt acts, and other such instances. The more enforcement that a company can bring as far as suppliers are concerned, the better it is for the company's image and overall viability. It shows solid corporate governance and also strengthens the internal culture at the ...
This solution discusses unethical practices in relation to suppliers and vendors. This solution also thoroughly discusses the ethics and various facets involved in outsourcing jobs to foreign markets. A comprehensive discussion is provided.