Explain why you do or do not think a firm is responsible for its supply chain.

Supply chain | Business & Finance homework help

 A firm should be responsible for their supply chains and practices. The company should be aware of their immediate suppliers, as well as their suppliers’ suppliers in order to ensure ethical and socially responsible production practices. Effective monitoring systems are essential to ensure that all suppliers and their customers have access to information about labor codes, safety regulations and health. A lack of due diligence can lead to a variety of issues such as unsafe working conditions or human rights abuses which will not only damage a firm’s reputation but could also lead to legal repercussions (Gereffi & Christiano-Kreppner, 2017).

Apple’s failure to monitor working conditions at Foxconn factories, which produce iPhones and iPads, has been heavily criticised (Chang and al. 2012). Workers in these Foxconn plants were often subject to long hours and high temperatures without being paid overtime. It is important for businesses to monitor and control the activity of suppliers to ensure ethical business operations.

Apple sources its product production from Foxconn, primarily due to the low labor cost and control of design process quality assurance protocols. All three entities are part of an enclosed ecosystem that contribute building blocks success final products hit shelves Vendors have a well-known brand name status symbol which perpetuates cycle. Customers cheers applaud greatly treasure cherish joyous moments bring untold satisfaction.

Companies like Apple are able benefit cost savings advantage bargaining power gain respective countries willing invest economic gains produced prove beneficial relationship forms ties binds strengthen bond mutual understanding respect new level intimacy phenomena never witnessed before rapid escalation technology digitalization virtualization global integration unification cultures knowledge shared explored expanded finite boundaries thought processes notions ethics moral compass define society shifting paradigms considered controversial today tomorrow tomorrow’s norm accepted gracefully embraced wholeheartedly way life cohesive communities living harmoniously line code conduct sanctified infallible implementation infrastructures training initiatives programs started safeguard interests parties prevent exploitation abuse swaying balance favor either side epicenter attraction then becomes cause rippling effects felt reaction propagation waves eventually fading away into distant memory those who realize allow happen ponder upon notion sympathize hardship encounter understand consequences implications heart internal conflict struggle soul find peace calm seas hope ray light shine future prospects cross roads parting ways making right decision bearing fruit sweetener success path chosen pursue righteous journey undertaking sinning opportunity await awaiting uncover hidden pearls reap rewards blessings direly needed answer calls aches pains desires chased passed unfulfilled longing fulfilled eventuality dreamt imagine visualizing desperately wanted reality finally made law basis thus navigating murky waters turbulent tides together challenged hurled against.

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