You are working as a consultant and have been hired by a company to assist in...

  

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You are working as a consultant and have been hired by a company to assist in creating a company Code of Ethics in order to attract more customers to your products and to prove the company's ethical conduct & practices. This smaller, private company produces and sells sporting bags, backpacks, and has now begun to outsource some of its production to Bangladesh to enable a lower cost structure to the company. The initial product quality ha been very good, and the delivery of products to your company has been very reliable. You have visited the factory, and while the standards would no be allowed in Canada (including some very young looking employees working in difficult conditions and environmental issues associated with the factory operations), generally the workers seem to be happy with their jobs. Part I- Introduction (20 marks) How does doing business in Bangladesh differ from Canada? You should summarize major political, cultural/social differences. (Chapter 5- Global Context of Business). Are there any obvious Competitive Advantages to doing business in Bangladesh? Describe the Competitive Advantages fully. Analysis Part Il- Code of Ethics (30 marks) Your Code of Ethics needs to address three relevant areas of the Stakeholder Model of Responsibility (Chapter 3), as shown below. There should a minimum of 3 (or more) points to each category that are simple, and easy to communicate for employees and customers; 1. Responsibility towards Customers 2. Responsibility towards Employees 3. Responsibility towards the Environment. Analysis Part III - New Product Development and Marketing (20 marks) You are to recommend to the company an additional product that can be made in Bangladesh by the existing factory for sales in Canada. The product should have some similarity to the current products (sports bags and backpacks) – especially how it is produced. What is this product, and how do you intend to promote it to customers? What stage of the product lifecycle is this new idea in – justify your answer. What do you recommend for a pricing strategy for this new product? Use Chapter 12 and 13 for guidance. PART IV - Conclusion (10 marks) You should summarize the findings in your paper stating how you think the Code of Ethics will assist the company in increasing sales in Canada. Might this influence your customers (how?) PRESENTATION (Including Bibliography/Citations) – 20 marks of total Please ensure your paper has a cover page with your Name, Student Number and Class Section Number Your paper must be submitted to me on Moodle - as a word document. Papers should about 4 to 6 pages long, with an appropriate Bibliography citing where you retrieved your information from. ALL papers must be individually written, consistent with CNC Academic Policy. You are working as a consultant and have been hired by a company to assist in creating a company Code of Ethics in order to attract more customers to your products and to prove the company's ethical conduct & practices. This smaller, private company produces and sells sporting bags, backpacks, and has now begun to outsource some of its production to Bangladesh to enable a lower cost structure to the company. The initial product quality ha been very good, and the delivery of products to your company has been very reliable. You have visited the factory, and while the standards would no be allowed in Canada (including some very young looking employees working in difficult conditions and environmental issues associated with the factory operations), generally the workers seem to be happy with their jobs. Part I- Introduction (20 marks) How does doing business in Bangladesh differ from Canada? You should summarize major political, cultural/social differences. (Chapter 5- Global Context of Business). Are there any obvious Competitive Advantages to doing business in Bangladesh? Describe the Competitive Advantages fully. Analysis Part Il- Code of Ethics (30 marks) Your Code of Ethics needs to address three relevant areas of the Stakeholder Model of Responsibility (Chapter 3), as shown below. There should a minimum of 3 (or more) points to each category that are simple, and easy to communicate for employees and customers; 1. Responsibility towards Customers 2. Responsibility towards Employees 3. Responsibility towards the Environment. Analysis Part III - New Product Development and Marketing (20 marks) You are to recommend to the company an additional product that can be made in Bangladesh by the existing factory for sales in Canada. The product should have some similarity to the current products (sports bags and backpacks) – especially how it is produced. What is this product, and how do you intend to promote it to customers? What stage of the product lifecycle is this new idea in – justify your answer. What do you recommend for a pricing strategy for this new product? Use Chapter 12 and 13 for guidance. PART IV - Conclusion (10 marks) You should summarize the findings in your paper stating how you think the Code of Ethics will assist the company in increasing sales in Canada. Might this influence your customers (how?) PRESENTATION (Including Bibliography/Citations) – 20 marks of total Please ensure your paper has a cover page with your Name, Student Number and Class Section Number Your paper must be submitted to me on Moodle - as a word document. Papers should about 4 to 6 pages long, with an appropriate Bibliography citing where you retrieved your information from. ALL papers must be individually written, consistent with CNC Academic Policy.

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Code of ethics Companies need to observe ethics while doing business in order to improve their brand image Doing business in Bangladesh is quite diffe... View the full answer