Business,society and policy Case Study Example | Topics and Well Written Essays - 1000 words

Business,society and policy - Case Study Example This report is concerning the business perspective of Panther Sports, who have outsourced the soccer balls manufacturing in Pakistan, and are now faced with an ethical problem that is putting their sales, credibility and stronghold in the Asian sports market at jeopardy.Panther Sports, after a decline in its sales due to increasing economic pressure and limited manufacturing schemes, decided to follow the example of other companies in outsourcing the manufacturing market in the developing countries where labor intensive jobs are cheaply done. This would ensure that the product is made on the same quality and standards as those made through domestic manufacturing, but the cost of production would be considerably cut. Outsourcing in the Asian countries would also open the doors to Asian market to them where they had a good chance of developing their stronghold. Hence, they developed their soccer manufacturing market in Pakistan, and contracted with Faisal Sports in Sialkot. However, in this region, that is India, Pakistan, and Bangladesh, there have been extensive cases of child labor. Faisal Sports was discovered to be involved in this act, and so Panther Sports terminated its contract with this contractor. Given the nature and gravity of this illegal act, Panther Sports is at risk of losing its future consumers, and its hold in the Asian Market.... of Panther sports in this conflict, and recommendations can be given to solve this problem, the business perspective has to studied. This involves discussing the structure and infrastructure of multinational companies, their responsibilities and duties as set by many codes and instructions by authorities, the methods of their operations concerning outsourcing in other countries, a look at the stakeholders theory and the risks that Panther Sports runs. Business organizations and companies are viewed as independent entities and virtual citizens of a state. These organizations are held independent of their staff, and hence, the staff, on any level, will not be charged of any crime if the organization fails to fulfill its duties or violates any code of conduct. The organization itself will face the consequences, and the owners themselves will not be held responsible. Whereas the companies are not entitled to solve every problem faced by the communities in which they have their plants, they are demanded to make sure that any issues created as a direct or indirect influence of the company, whether primary or secondary, be solved by that company, and that their business procedures do not violate the norms of business ethics and the standard set regulations (Freeman 2002). When companies outsource their manufacturing business in other countries, they, though still holding the right to the name and label of the company, do not own the factories and industries locally set