economic and profitability considerations

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March 21, 2023
erm implementation 4
March 21, 2023

economic and profitability considerations

Utilizing the information that you generated and provided during this week’s discussion. Consider that you are a consultant for a firm that produces cotton based clothing products (jeans, pants, undies, sheets..etc ) .

This hypothetical firm is producing goods that are completely sourced here in the USA. Raw materials, processing raw materials, producing fabrics, Producing final goods, transporting, retailing….all here !

A couple of young upstarts in the firm are considering the global market, or the possibility of outsourcing production …or…or.. You have the ability to provide them with guidance and all of the pros and cons to be considered.

Generate a report with solid recommendations and considerations both economic and ethical implications. This should be over 1500 words (minimally) and should be supported with solid backing of all recommendations. This report should be based on economic and profitability considerations that might benefit the firm.

 
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