Social Environment of Business, 7-1 Discussion.

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Nov 24, 2024

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1 Sweatshops Student’s Name Institutional Affiliation Course Code and Name Professor’s Name Due Date

2 1. After reading the articles, did your impression of sweatshops change? Explain. Yes, my impression of sweatshops shifted after reading the articles. The articles presented a perspective that challenged the conventional narrative on sweatshops. While acknowledging the grave issues and challenges within sweatshops, the articles provided insights into how they can also act as a stepping stone for economic development in impoverished regions. They highlighted that some workers, despite the difficult conditions, perceive these jobs as opportunities for improved livelihoods. This broadened my understanding of the complexity surrounding sweatshops and prompted me to consider both their negative and potentially transformative aspects. 2. Do you agree or disagree that sweatshops are a vital part of the global economy? Explain and consider the impact of globalization in your response. I agree that sweatshops, as discussed in the articles, are a vital part of the global economy, especially in developing regions. The articles emphasized their role in economic development, employment generation, and poverty reduction. Globalization has interconnected economies, often driving companies to seek cost-effective solutions. Sweatshops, unfortunately, have become an unintended consequence of this pursuit, reflecting the imbalances and challenges in the global economic landscape. While recognizing their economic significance, it's crucial to advocate for ethical labor practices, better working conditions, and fair wages within these sweatshops. 3. If you were the CEO of a corporation, would you consider using sweatshops as part of your strategy? Explain why or why not. Consider the concept of a CSR filter as you respond to this question.

3 If I were a CEO, I would not consider using sweatshops as a long-term strategy. While understanding the economic pressures that might lead companies to consider this option, it's essential to prioritize corporate social responsibility (CSR). Sweatshops are not a sustainable solution. A CSR filter should guide decision-making, ensuring that the company adheres to ethical labor practices, promotes safe working conditions, and pays fair wages. Investments should be made in the well-being of workers, fostering a positive impact on communities and striving for a more sustainable and responsible approach to business operations.

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4 References Times, N. Y. (2000, September 24). Two Cheers for Sweatshops. Retrieved from https://www.nytimes.com/2000/09/24/magazine/two-cheers-for-sweatshops.html Barboza, D. (2008, January 5). In Chinese Factories, Lost Fingers and Low Pay. Retrieved from https://www.nytimes.com/2008/01/05/business/worldbusiness/05sweatshop.html

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