Blood Diamonds short assignment

timer Asked: Jan 16th, 2021

Question Description

Congratulations! You have just been hired as the Operations Manager of “Free Diamonds”, a new owner-operated specialty diamond jewelry store. The company’s vision is to import and sell only diamonds that are guaranteed to be labor-abuse free (“conflict-free” & “fair-trade”). Historically, the diamond industry has been notorious for engaging in unethical business practices; hence the term "blood diamonds".
As Operations Manager you have been tasked with ensuring all imported diamonds are certified as “conflict-free”. However, the process to accomplish this is time consuming, requires much effort, and ultimately is more costly than obtaining uncertified diamonds. You have found yourself facing a dilemma. How will you compete with other jewelers that do not uphold the same ethical standards as “Free Diamonds”?
The company owner/operator is old-school (smile) and has asked you to: “call around and check out the competition”. As a highly trained Operations Manager, you know there are more efficient ways to begin the competitor analysis. However, the owner has insisted that you call one local jeweler.

2. Call (yes, by phone) 1 jewelry store in the state of Florida (outside of Highlands County). Speak with a sales associate and obtain the following information:

  • The first name of the person you spoke with
  • Who the company’s diamond suppliers are
  • Where the company's diamonds are sourced (mined)
  • Whether or not the diamonds are fair-trade certified/ conflict-free

3. Select 1 topic from the list below, that piques your interest. Formulate a 1-2 paragraph analysis.

  • What factors could influence a push system at “Free Diamonds”. Explain
  • Under what circumstances would “Free Diamonds” use reverse logistics? Explain
  • Under what circumstances might “Free Diamonds” encounter order amplification?
  • How would supply chain optimization benefit “Free Diamonds”?
  • Is the diamond industry a goods-producing supply chain? Explain.
  • What processes would be involved in the “Free Diamond” supply chain?
  • Discuss the purpose of a goods producing supply structure within the diamond industry.
  • Read the following article examining DeBeers (a global diamond conglomerate) and briefly summarize the process of utilizing blockchain:

4. Incorporate 3 terms from the reading into your 1-2 paragraph analysis. Please share a fun-fact ("food-for-thought").. I'd love to learn more!

5. Use the attached Word template to complete your assignment.

The assignment has to be on this attachment ... She said its not a word count..

Unformatted Attachment Preview

Applied Management Exercise 1 Field Research • The name of the company and location: • The first name of the person you spoke with: • Company’s diamond suppliers: • Location where diamonds are sourced (mined): • Whether or not the diamonds are certified as conflict free (fair trade): • The Mission Statement (can be obtained on company website): Content Analysis (1-2 paragraph explanation of your selected topic) Applied Management Exercise 1: Additional Guidelines Here are some additional guidelines for the Content Analysis portion of your Applied Management Exercise. • • • • • • • Approx. 1-2 paragraph explanation of your selected topic from the bulleted list. Compose paragraph(s) in complete sentence structure. Avoid using first person: “I, me, we, my, our, etc…”. This is standard in all writing assignments unless you are asked to share your own experience, perspectives, feedback, input, etc. Please note, you may use first person when responding to your interactions with the Jewelry store. In the content analysis (on Word doc), you are only required to submit 1-2 paragraphs. In such a short response, it is vital that your content is “meaty”… no fluff. Short paragraphs should be clearly articulated, very informative, and concisely demonstrate that you understand the topic. Incorporate 3 terms or concepts from the text. Here you will weave in the content from your Chapter reading or from the PowerPoints. For example “supply chain” would count for one. The purpose if this requirement is to ensure that you are delving into the Chapters and demonstrate that you understand the content. You do not need to include APA resources in this assignment since it only requires use of the textbook. If you’d like to add sources you may, but it’s not a requirement. Share a fun-fact: “food for thought”. Here you will research an interesting fact related to the topic. This can be added at the bottom of your Word doc. Then simply add a hyperlink after your sentence. Here is an example: *Food for Thought: The majority of diamonds purchased in the U.S. are not certified as: conflict free or fair trade. Source: http.// ...
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