Question: For this question Y ou should work with your own case: steel ZON is a multinational producer of T-shirts. Their T-shirts are made up of
For this question You should work with your own case: steel
ZON is a multinational producer of T-shirts. Their T-shirts are made up of good quality organic cotton and the price is high. However, given the good quality, consumers are willing to pay a price premium for their T-shirts. Currently, the company has severe problems to find good quality organic cotton in world markets. Farmers producing good quality organic cotton are not happy with the price and they are not willing to produce. To overcome this shortage of cotton ZON managers develop a new purchasing strategy; to give a price premium to the farmers and make long-term contracts.
- Which type of MNC is ZON? Why? Explain?
- Identify the socio-ethical issue in the case? How it influences the operations of the ZON?
- What type of initiatives can be taken to solve this socio-ethical issue?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
