ADMN 3300H Lecture Notes - Lecture 7: Insourcing, Retail, Outsourcing
30 Mar 2020
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Can use this position of power for good things or problematic things: to help people or maintain ethical work practices. Refers to the way in which raw materials or inputs progress through inception to production to distribution to sales. At each step, some type of value is added: car parts raw materials are sent to a plant that manufactures parts, which is adding value. Refers to the suppliers or distributers or manufacturers that move products or services towards the focal organizations: your manufacturing plant you are the focal point. Products flow from the focal organization to the customer. B2b customer from one business to another: customer could be another business. B2c customer from business to end consumer. Vertical disintegration (outsourcing) (market firm) if a company pays a different company to produce components(s) of its end product the focal company does not do this itself. How do organizations or companies participate in networks in which there are unethical things occurring, and.
