Question: . Read Chapter 5 in your Meeting the Ethical Challenge of Leadership textbook. Read the article: Fiduciary Duty and Social Responsibility. Watch Onshoring vs. Offshoring
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- Read Chapter 5 in your Meeting the Ethical Challenge of Leadership textbook.
- Read the article: Fiduciary Duty and Social Responsibility.
- Watch Onshoring vs. Offshoring (Outsourcing Domestically vs. Abroad): One Minute Explanation/Comparison.
- Read the article: Janitor Uprising highlights tensions over outsourcing.
- After engaging with the resources above, focus on the prompts below that coincide with the first letter of your last name.
Last Name A-L
You are the financial manager of Inotech Corp. Inotech provides goods and services for a wide range of customers and many products contain proprietary information in which confidentiality is important. The CEO has expressed the desire to trim operating costs. At the next board meeting you are to present your ideas.
Your best idea has been to outsource or onshoring your janitorial staff to a large but local janitorial service. Inotechs janitorial team consists of 20 employees at the Indiana facility and 20 employees at the Ohio facility.
Your post will be your argument of why outsourcing janitorial services will be the best way to trim costs. Be sure to utilize your guidelines for negotiating that you developed in Workshop 3.
- Define outsourcing/onshoring.
- Analyze and construct at least two clear and well-supported arguments for outsourcing the janitorial service to a local company.
- Identify and apply one ethical framework from Chapter 5 that supports your stance on outsourcing (Utilitarianism, Kants Theory, Justice as Fairness, Pragmatism, and Altruism).
- Demonstrate how your stance is ethical for the company based on the application of your ethical framework.
- Discuss the fiduciary duties and social responsibility at play in this situation.
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