Ethical Sourcing and the Supply Chain
The following post has three assignments namely;
Companies doing business internationally deal with complex sourcing and supply chain issues. Unfortunately, many multinational corporations have failed to include Corporate Social Responsibility practices in their global operations. Due to a number of international human rights disasters resulting from lack of supply chain auditing, corporations are rapidly becoming more transparent and are adopting globally accepted codes of conduct. Instructions Read the case study on Foxconn in the textbook. In a well-written paper, respond to the following issues: 1.1. Explain why a firm is responsible for its supply chain. If the answer is that a firm is not responsible, discuss an organization that exemplifies this. If the answer is that the firm is responsible, then how far down the supply chain does this extend (i.e., to immediate suppliers, the suppliers’ suppliers, or beyond)? Support all claims or assertions with scholarly research. 2.1. Why does Apple continue to source its production to overseas firms such as Foxconn? What advantages, if any, does this generate for Apple? What are the disadvantages, if any, that result from this relationship? How could Apple have avoided the threats identified? Overall, do the benefits of Apple’s decision outweigh the costs? Support your opinions with scholarly research
2.PEOPLE AND PERFORMANCE MANAGEMENT
• Analyse the performance appraisal system of an organisation with which you are familiar (e.g. through information from websites, company reports, case studies in academic or professional journals; or from having worked there yourself or from personal contacts).
• Profile the performance appraisal system in relation to the following criteria: system aims, its level of structure and documentation, frequency of appraisal, method/s of appraisal, scheme coverage and whether appraisal criteria or methods vary between levels, how the scheme is monitored, and perceived strengths and problems in scheme operation. (It is recognised that you may not be able to obtain information on all of these)
• Use your profile to identify the scheme’s main strengths and limitations, and to make recommendations for improvement.
A key challenge with corporate social responsibility (CSR) is determining the ways in which companies measure, represent, and report on their ethical and sustainable programs and activities. Although there are national and global best practices for ethical behavior by corporations, there is no single national or universal index used by all. Instructions: As a potential socially responsible investor, you’re interested in learning more about a company’s CSR and sustainability practices. To that end, you are planning to perform due diligence before making a decision about whether or not to invest in a company. Select one MNC and read its annual CSR report. Then address the following. 1. 1. Compare and contrast the company’s CSR report using two indices, such as the Dow Jones Sustainability Indexes and The Global 100, which measure the CSR practices of corporations. Evaluate the usefulness of these two indices for your research on the MNC’s CSR practices by critiquing the credibility and limitations of each. 2. 1. Generate a report about the company’s CSR performance and strategies based on your analysis. Support and cite your analysis with facts drawn from your research.