Why Paying More Is Good China Business
My friend Chris Carr, dean of the CalPoly MBA program and the brains behind the International Business Tour blog has a very thoughtful post, entitled, “Will Paying More Change Behavior And Make Someone More Ethical?” Thoughtful, but wrong.
The post centers on whether paying more gets you better performance and/or better ethics, and Chris pretty much says it does not:
“Some suggested that we could solve the problem of too many defective products coming from China by paying more to the Chinese suppliers that make this stuff. I questioned that assumption, and still do…
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