Question: Globalization is here to stay. Once technological, educational and learning skills spread around the globe, techniques of production and supply chain management become international in

Globalization is here to stay. Once technological, educational and learning skills spread around the globe, techniques of production and supply chain management become international in scope.

I introduce the question of how one deals with the broader results of globalization, not only the socalled Bottom Line , Profit and Loss(Business-Economics) statements , but also on questions involving Good and Bad(Ethics) and Pro and Con(Politics),by asking the student the following question:

What does the Cpk (process capability) index number mean for the average worker and manager toiling in different countries and cultures in different economic, political and social environments and contexts?

Specifically, should a broader set of goals that involve balance(Buddha) or Temperance(Virtue) and that promote a stable and democratic political system be brought to bear by upper management in their decision making framework regarding cost cutting measures, or should there be only a single policy focus aimed at constantly obtaining a higher and higher Cpk index from the supply chain ? Is the assumption that all consumers have insatiable desires(wants as opposed to needs) for goods and services (Jeremy Bentham) that must be satisfied an assumption that a corporation should focus on exclusively? How about Herbert Simons satisficing approach, where the goal is a satisfactory outcome, as opposed to a maximum outcome of some type? Does the long run success of globalization depend exclusively on cost minimization ,or does it depend on the worlds workers and managers(the supply chain ) believing that they also will benefit from globalization in the near (not distant) future ?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!