Answer to Question #71528 in Other Management for sheikha
Although your mill is margi nally proﬁ table, the Vietnamese factory clearly has a cost advantage. Your CEO wants to move pro-duction to Vietnam where labor and compliance costs are lower, resulting in mill closure and employee lay-offs. Your mill is the only large employer in a small community.
Many of the employees have worked there their entire working lives. What is the right ac-tion to take for stockhold-ers? What is the most ethical course of action? Is there a conﬂ ict here?
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