Week 3 Discussion

docx

School

Portland State University *

*We aren’t endorsed by this school

Course

311

Subject

Economics

Date

Feb 20, 2024

Type

docx

Pages

Uploaded by SuperHumanStrawKangaroo80

1. Have you heard of or purchased from Temu before? If so, how did Temu first draw your attention? If not, what about your purchasing habits/consumer profile do you think prevented your attention? 2. Explain Temu: what it is, how it rose to prominence, and what competitive advantages it has over other companies like Amazon. 3. Discuss two ethically gray areas of Temu's business. Do these factors differ from ethically gray areas of its competitors? Why or why not and how? 4. Do you think Temu will be successful in the long run? Why or why not? Use concepts from Chapter 4 to support your answer. “ The Problem with TEMU | Fast Decor” on YouTube This was the first I had heard of Temu. I already use Amazon, an e-commerce site like Temu, so I never saw value in using Temu. When I use e-commerce sites, I look for affordable products and timely services. My aunt has an Amazon Prime account that she lets me use. Amazon Prime is subscription-based but gives customers benefits like discounts, free shipping, and fast delivery, two things I value. Amazon is also a trusted e- commerce site. It has been reliable for me. According to Lewis (2023), Temu is an e-commerce platform similar to Amazon, owned by a Chinese company but headquartered in Boston. Temu currently sees success because of its competitive advantages. It has products for lower-than-average prices, $7 for a couch cushion cover, and free shipping (Lewis, 2023). Compared to having an Amazon Prime account, customers can buy cheaper products and have free shipping at Temu without paying through a subscription. It saves them money. Even though Temu values saving its customers money, Temu has some unethical business practices. According to Lewis (2023), Temu was accused by the China Labor Watch of requiring its workers to work overtime. Workers were also exposed to unsafe work environments; there were several worker deaths in 2021 (Lewis, 2023). Amazon workers are also put in unsafe working environments and are working overtime. According to the U.S. Department of Labor (2023), six Amazon facilities “exposed warehouse workers to a high risk of low back injuries…”. Workers carry heavy items and awkwardly twist themselves to lift the items. Their assigned tasks require long hours (U.S. Department of Labor, 2023). Temu and Amazon both put their workers in unsafe work environments. Temu will be successful in the long run despite its questionable business ethics. It has good conscious marketing with its customers from its cheap pricing and free shipping. Customers will continue purchasing products from Temu. Because of this, Temu builds customer awareness. Sadly, even from its weak conscious marketing with its employees, for putting them in unsafe working environments. Their employees can protest and quit

working for them. Even then, Temu can always hire other employees. As long as there is still demand for Temu’s products and jobs, Temu will continue to thrive in the long run. References: Lewis, N. (2023). The Problem with TEMU | Fast Decor. YouTube . https://www.youtube.com/watch?v=t_OeU4R6M-U U.S. Department of Labor Finds Amazon Exposed Workers to Unsafe Conditions, Ergonomic Hazards at Three More Warehouses in Colorado, Idaho, New York. U.S. Department of Labor. https://www.dol.gov/newsroom/releases/osha/osha20230201-0

Your preview ends here

Eager to read complete document? Join bartleby learn and gain access to the full version

Access to all documents
Unlimited textbook solutions
24/7 expert homework help

Related Documents

Econ-Module 7 International HW.docx

Stat119.pdf

Homicide Rate Data.pdf

Canvas 9 Quiz.pdf

Practice Questions 1.docx

MTH 154 Activity 6..docx

ps1_econ497.pdf

ECON 308_ Review Night_ Exam III - Tagged.pdf

409 Final Draft paper.docx

M11_ PHI 261-81_ Ethical Issues in Business (SP24).pdf

Chapter 3 Bank.docx

Week 5 Assignment.docx

Recommended textbooks for you

Managerial Economics: Applications, Strategies an...

Economics

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:Cengage Learning

Economics Today and Tomorrow, Student Edition

Economics

ISBN:9780078747663

Author:McGraw-Hill

Publisher:Glencoe/McGraw-Hill School Pub Co

Exploring Economics

Economics

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:SAGE Publications, Inc

Principles of Microeconomics

Economics

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:Cengage Learning

Principles of Economics (MindTap Course List)

Economics

ISBN:9781305585126

Author:N. Gregory Mankiw

Publisher:Cengage Learning

Principles of Microeconomics (MindTap Course List)

Economics

ISBN:9781305971493

Author:N. Gregory Mankiw

Publisher:Cengage Learning

SEE MORE TEXTBOOKS

Recommended textbooks for you

Managerial Economics: Applications, Strategies an...
Economics
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:Cengage Learning
Economics Today and Tomorrow, Student Edition
Economics
ISBN:9780078747663
Author:McGraw-Hill
Publisher:Glencoe/McGraw-Hill School Pub Co
Exploring Economics
Economics
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:SAGE Publications, Inc
Principles of Microeconomics
Economics
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Principles of Economics (MindTap Course List)
Economics
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Principles of Microeconomics (MindTap Course List)
Economics
ISBN:9781305971493
Author:N. Gregory Mankiw
Publisher:Cengage Learning