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Answered 3 days After Jan 10, 2022

Solution

Parul answered on Jan 13 2022
110 Votes
Part A
Answer 1. Case study talks about GEP, a leading organisation for procurement and supply chain solutions to Fortune 500 companies. It talks about the fact that 160 million children are estimated to be employed in the supply chain in the business all across the world. This is because they are freely available in the supply market and easy to be dominated in farms, mines, factories as well as industries. Problem of Child Labor deprives the children from their fundamental rights than includes their right to information and education. The ethical performance of the companies is constantly under scrutiny from client (Shah, D., N., 2021).
As mentioned in the case, investors and shareholders of BlackRock, which is the world's largest management firm are urged to track as well as report their corporate social responsibility impact. Today, customers are evolved and connect with the purpose of the
and. In this hyper-connect market, any organisation that delve into child labour definitely won’t be able to thrive in the market. Furthermore, ethical performance of the companies is completely under scrutiny under media, shareholders and investors as well as other stakeholders. The United Nations General Assembly in 2021, explicitly offered the business with the impetus to partner with the governments as well as communities (Fink, C., and Whelan, T., 2016).
Standardisation of the process and certifications in the process. This requires all supplier to go for the certification that is provided by the third-party consultants. Therefore, incorporating independent auditors to reflect the diversity of the workers on the ground. Revelations of penetration of child labour in the supply chain can completely tarnish the reputation of the company which can further lead to loss of revenue. A child labour free supply chain can ensure protection of organisation's goodwill thereby streamlining the operations. This issue has actually given rise to many sustainable problems result in constant state of dispute on what it implies for the economy. Essentially, business case drives can be explained as a justification for proposed project as well as undertaking fundamentally based on the expected commercial advantageous. It thoroughly assesses the expense, costs, benefits as well as risks for numerous alternatives based on commercial aspects and then offers rationale for solution.
As explained in the Whelan and Fink (2016) article, in order to resolve the problem of child labour, organisation needs to identify the root cause of the problem. In order to gain holistic visibility throughout the supply chain it is imperative to establish strong code of conduct and ethical policies that needs to be implemented. All the stakeholders in the business should be sensitized with the issues of Child Labor and encourage more visibility within the supply chains. A collaborative way to address this problem is required as explained by Whelan and Fink (2016). Business needs to work with their suppliers and vendors in order to work together to investigate the problem that can analyse the problem from different dimensions. Establishing an ecosystem of knowledge sharing and capacity building is critical role, enabling the responsibility to be shared throughout the supply chain such all the stakeholders are aligned towards the shared goal.
Answer 2. Indeed, I agree with the statement, "Climate change is the super wicked problem of our Time". As explained in the theory, primary characteristics of the wicked problems is that there are no true/ false solutions that are relatively good/ bad as well as definitive definition of the problems....
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