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Essay / Research Paper Abstract
This 3 page paper is based ion a case study supplied by the student with the need for a flexible budget to be produced. The paper presents a budget based on current operations and discusses the ethical issues of making changes and outsourcing production. The bibliography cites 3 sources.
Page Count:
3 pages (~225 words per page)
File: TS14_TEguillfurn.rtf
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Unformatted sample text from the term paper:
and the mid range is above that, therefore the budget needs trio reflect the higher demand and need for the mid range products and the lower higher end products. However
with a flexible budget there is the necessity to look at potentially different outcomes (Chadwick, 2004). The use of the high tech options where the firm is acting as
an agent only has many ramifications. If there is a cut back on the local production there are some ethical consideration that need to be made; the movement of supply
to Norway may result in higher hourly labor costs, ($40 compared to $15 per hour), but there are far fewer hours needed to produce one piece, this means that less
labor will be needed over all, and it will be located in Norway. If there is less labor needed then the firm will provide less employment for the local people,
with the jobs effectively moving off shore. With the changes in the local economy and rising costs as a result of changes this may be detrimental. With new firms opening
it is possible that there will be an easy ability for many of the employees to find new work, but it is unlikely to be with the same use of
skills. With many firms consolidating there may not be alternate job opportunities and this move may be one that takes a traditional craft closer to extinction another ethical dilemma (Chyssides
and Kaler, 1998). However, if the firm does not may any changes there is a real potential that ell the employees may be out of a job in the future
of the firm does not survive, Making changes no will allow the fir to remaining in a strong position and resist becoming the subject of a take over at a
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