This reaction paper is dedicated to global sourcing: issues and opportunities. Your course pack has many articles based on this topic from offshoring/reshoring to counterfeiting to other risks associated with global trade.
Today, the USA is experiencing one of the worst supply shortages and “supply chain shocks” in modern history. In fact, some are saying the upcoming Holiday period will be one of empty shelves and, if anything is left over, it will be available for significantly higher prices.
The supply shortages are the result of many factors: Tight labor markets; regulations associated with Covid Vaccine mandates; Covid shut downs in factories throughout the world; industry pockets of strong demand; inflationary pressures that are stifling growth, never enough CDL driver shortages, and more. Some say this is the perfect recipe for economic “stagflation”.
Submit a 1 page (not to exceed, no cover page), single-spaced word document that summarizes your thoughts regarding the main supply issues facing the USA economy today. Offer examples of tight supply items, industries being impacted, and steps companies are taking to alleviate the issues. Refer to the course pack articles listed in Week 12 of your lesson plan for background regarding typical global issues. However, feel free to do additional research beyond these articles.
Add your name in the header (no cover page).
Reaction Paper #2
Overall Content
Full Marks
Clear and focused content for the assignment.
No Marks
Content not organized on the topic at hand.
6
Formatting and Professionalism
6
Full Marks
Writing is displayed neatly and organized.
0
No Marks
No professionalism and or neatness when completing the assignment.
6
Structure of Paper
4
Full Marks
Paper is logically written. On task.
0
No Marks
Paper is not accurate with the article/s at hand.
4
Grammar and Style
4
Full Marks
No spelling or grammatical mistakes.
0
No Marks
Several spelling or grammatical mistakes.
4
total: 20 ,full 20
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