The global fossil and vegetable oil crisis have led to high demand for CPO. This causes the price of CPO to rise so tha

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answerhappygod
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The global fossil and vegetable oil crisis have led to high demand for CPO. This causes the price of CPO to rise so tha

Post by answerhappygod »

The global fossil and vegetable oil crisis have led to high
demand for CPO. This causes the price of CPO to rise so that
CPO producers are better off selling or exporting CPO because it
will generate higher profits. Once again the determination of
the DMO (Domestic Market Obligation) was also ineffective, at 20%.
Now it will be increased to 30% if the external price is
still higher then it will not be effective either, as evidenced by
the ineffective implementation of HET (Highest Retail Price) and
DMO (Domestic Market Obligation). Domestic CPO producers
prefer to sell CPO to palm-based Bio-diesel producers because it is
seen from a more profitable price point of view. Supply chain
management needs to be addressed from the producer area to the
market, there is a price disparity between regions.
Meanwhile, CPO producing areas and cooking oil producers
generally have different locations.
As a result, the implication of the price subsidy for bulk
cooking oil is IDR 14,000/kg (the lowest cooking oil price
increased from IDR 11,500/kg), while packaged cooking oil is
determined based on its economic value. This means that the
price of cooking oil is more expensive, even though the last few
months have shown that people "must" buy cooking oil at a high
price. The government's decision to return packaged cooking oil
prices to market prices is expected to stabilize stocks again and
encourage producers to return to producing premium packaged cooking
oil. The policy of subsidizing bulk cooking oil must be
accompanied by supervision because another problem that arises from
the existence of subsidies is a fraud, namely concerns that bulk
cooking oil is repackaged and sold as packaged cooking oil.
Q1: Explain and describe every decision of business actors (CPO
producers and cooking oil producers) based on their ethical and
unethical behavior that is detrimental by:
a.Business as an ethical person
b. Business as a collective person.
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