Are the Environmental Challenges and Ethical Dilemmas Fisher & Paykel Currently Face Outsourcing Manufacturing to a Developing Country Overall Beneficial to Australia?
Globalisation presents significant opportunities and challenges for business around the world. Are the environmental challenges and ethical dilemmas Fisher & Paykel currently face outsourcing manufacturing to a developing country beneficial to Australia?
Globalisation can be described as the intertwining processes of the world. It is not only an economic process, which involves rising communication and integration of all countries’ economies through the growth in international trade and investment, but also the rapid cultural, social, technological and industrial exchange between nations (IYP, 2002, p. 11). Globalisation presents significant opportunities, as well as many challenges, for business around the …show more content…
Fisher & Paykel Appliances, design, manufacture and market household white goods, priding themselves in their innovative designs and use of technology, as well as environmental awareness (Fisher & Paykel Appliances Limited, 2007). F&P are a perfect example of a global business, with production sites located in Auckland and Dunedin, New Zealand; Brisbane, Australia; Huntington Beach, California; Clyde, Ohio, USA and in Italy (Fisher & Paykel Appliances Limited, 2007). However, F&P have recently joined the global rush to manufacture white goods in low-cost economies