Background Information
Rapid changes in media, transport and communications technology have made the world
economy more interconnected now than in any previous period of history. Many of the
products Canadian companies use or sell Canada are produced in various countries around the
world. Businesses source from countries like India, China, Bangladesh and Turkey because of
lower material and labor costs in these countries. In order to meet consumer demand, your
company sources products from suppliers around the world.
You were told by a close friend that two of your key suppliers are mentioned in the media for
the wrong reasons. One of them is a local Canadian supplier was accused by the local media
that they employee illegal immigrants and hence involved in illegal activities. The other
supplier is an oversees supplier who has been charged for operating a sweatshop or slave labor
in parts of Asia.
You talked with your manufacturing and marketing teams and they told you that if the
company stop dealing with these two suppliers it will take 6 months to find, test and approve
new suppliers. Since the company has a stock of 3 months only, that means that the
company’s stock will be out for 3 months and the company won’t be able to supply customer
orders.
So far no one including the media noticed that these two suppliers work with your company.
Your Group’s Activity
Your business group will brainstorm how the company will deal with this situation. As a group,
decide what decision the company will take regarding dealing with these two suppliers.
Your Group Report
Write a brief report summarizing your group’s conclusions and decisions. Consider the
following points:
• Identify the key stakeholders who are impacted by this situation.
• What would be the communication plan for each stakeholder?
• How you’ll implement the decision you have taken.
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Background information refers to the details that identify and describe the significance and historical value of a selected topic and provides references to literature that supports the topic. It is a vital element, as it provides relevant, factual details that are related to a specific topic.
Explanation:
Background information refers to the details that identify and describe the significance and historical value of a selected topic and provides references to literature that supports the topic. It is a vital element, as it provides relevant, factual details that are related to a specific topic.
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