Discuss the pros and cons of manufacturing products in the c

Discuss the pros and cons of manufacturing products in the cheapest labor market. Is this an ethical practice? Provide information from at least one good source to support your ideas and reference it in APA format.

Solution

Outsourcing as \"the movement of work that was formerly conducted in-house, by employees paid directly by a company, to a different company.\" If that \"different company\" is located in a country outside the U.S., \"outsourcing\" becomes \"off-shoring.\" Both have become very controversial in the U.S. because American workers are losing long-held production jobs by the millions -- and many observers believe they\'re gone for good. If you\'re considering outsourcing your company\'s production, be careful to weigh the potential advantages against potential resentment engendered in your American workers and customers.The vast number of news-format investigative programs has increased consumer and employee awareness of organizational misconduct. In addition, the multitude of cable channels and Internet resources has improved the awareness of ethical problems among the general public. An Ethics Resource Center/Society for Human Resource Management survey of US employees indicates that workers witness many instances of ethical misconduct in their organizations. The specific percentages are noted in Table 2.1. Note that workers report multiple observations of ethical misconduct; therefore, each category is an independent question of observed misconduct. When employees were asked the principal causes of unethical behaviour in their organizations, the key factor reported was overly aggressive financial or business objectives. Many of these issues relate to decisions and concerns that managers have to deal with daily. It is not possible to discuss every issue, of course. However, a discussion of a few issues can help you begin to recognize the ethical problems with which businesspersons must deal. Many ethical issues in business can be categorized in the context of their relation to conflicts of interest, fairness and honesty, communications, and business associations.