Business Ethics in China Essay

proceeds 1 How whoremaster you as an MBA student apply Prof. Christensens ideas to your witness life? When your life draws to a close, what traits, goals, get throughments, or characteristics do you think you leave aloneing place closely value on?Before I watch the television receiver and article from Prof. Christensen, I place most value on my achievements that argon link to currency. I hold up been taught and influenced that coin is a valuable resource such(prenominal) that my nature trait leave be that of a diligent, hard act uponing person who spends cautiously. I consort hard and achieve success at lop I stick to go to trade organization prepargon beca practise the influences from the past clashing my values and beliefs in the ability to carry out successfully at work. However, Prof. Christensen is right that this is non the way to measure your success specially when your life draws to a close.Be loving, sympathetic, concerned, deferential argon the va luable goals that I will place most value on. It is really difficult in todays society especially life tends to exact so busy to make notes that we forget to allocate resources to our most cherished relationships such as our parents, wife/husband, babyren or even our friends. You squeeze out gain prise from people base on your achievements or property that you make, but this is only if considered as small wins, in order to achieve your big win in your entire life, only morality and virtue count. .Topic 2 i) Think about your afoot(predicate) or previous employer what CSR theory did/does that connection ascribe to? Please will examples of why.My real employer ascribe to ethical theories, which focus on ethical requirements between business and society. The business natures are catalogue and family unit utility business with 2 brands and eat uper over 40,000 different types of products to consumers in UK. With over 45,000 containers of products are imported annually, the primarily focus on CSR is the reduction of purlieual tints to the society such as reducing waste, carbon copy footprints and deposit consumption in order to repay their corporate re spueation.Every stratum, the business will show how a great deal waste has been trim in each retail memory board to increment cosmos consciousness. For example termination year, over 90% of waste is straight recycled, overall waste produced has reduced by a further 10% year on year and overall carbon footprint has decreased by 9%. By showing this, customers keep go steady how such(prenominal) effort that the business has put in CSR and continue to shop.Topic 2 (ii) Pretend you are starting a new conjunction. What CSR theory would you choose to use for your new company? Why?I would consider ethical theories, which focus on the right thing to achieve a good society. Nowadays, consumers expect companies to consider their stupor on society as much as their own business interests. b ank line could damage their gainfulness by weakness to demonstrate they are genuinely pull to CSR. The four mentioned areas under ethical theories in the article, sustainable development is getting to a greater extent and more important. By reducing the impress we study on the environs and bread and butter the society in which we continue and work, we can engage with our customers and colleagues and therefore enhance the companys reputation, which is the most valuable summation. well-nigh importantly, this is not only relating to the companys get on, but also the companys finale. It will become a culture that you, your employees and the community genuinely believe in. Therefore, I believe that running a trustworthy business to society makes good business sense.Topic 3 Which perspective do you think is correct, or are they some(prenominal) wrong? Why? If the uprightness and public opinion were not a factor, would you be willing to employ children at your company, or use a supplier who apply child compass?For some(prenominal) of the perspectives, I cannot agree they are reflecting the real mail service of the factory workers in china and as well as the Chinese factories. To commence with, people always make judgments on Chinese factories that they should sacrifice some favorableness to provide better working environment however, people focus too much on the upstream of the supply string but neglect the downstream where the genuine demand is coming from. Between eighties and 1990s, china was criticized by most of the internationalist organizations because of its violations of basic human rights. However, when globalization comes in place, international firms from most of the countries that criticizing the chinawares violations began to do considerable amount of investments to chinaware in 1990s and 2000s. They started to move their manufacturing activities to chinaware because of valuable opportunities, resources, cheap restricti on force and most importantly, multinational firms do not need to conduct their business in other countries standardised china by following the ethical rules when they are conducting the said(prenominal) business in their home country.They continue to practice this action irrespective of Chinese governments carelessness to its own citizens. In addition, the increasing competition in the global trade has led multinational firms to squeeze their suppliers to lower their cost in order to principal(prenominal)tain or increase their profit margins and competitiveness. These are very regular cases from Toys R Us, Home Depot and Wal-Mart that they bear said they will not leave price rises. Chinese factories where most of the products are manufactured from, they wear no excerption but cut down their costs in the areas of working environment, labor recompense and benefits. As a result, not only the Chinese companies should consider lower the profitability to provide better worki ng environment for their workers, multinational companies should consider the same or do additional investment in order to purchase their products with lower costs.Secondly, I restitution agree that Chinese workers are willing to work for less money and accept harsher working conditions as a comparative advantage. In the 1980s, migrant workers tarradiddle for the largest work force in the Chinas special economic zones where western companies set up their businesses. These migrant workers main goal is to make enough money and then go back home for a better life. Nowadays, major ethnic shifts in China stick out changed workers attitudes. Leslie Chang express in her speech that the new propagation of Chinese workers aged around 17 to 19, they leave their home from thousands miles away and work in the factories not only because of the money but to explore the world. Besides, they continue to work so hard to improve their cognition and skill set because they believe the subcontra ct in the factory is the world-class stepping-stone for them to attain a better job and thus, a better life in the in store(predicate). Furthermore, this generation of Chinese workers starts to build positive dialogue with managers about their problems, which means they are becoming active participants in the affable process of change rather than passive recipients. The fountain for all the above changes is because they would like to learn, grow and success in their lives. As a result, if multinational companies would like to hire and stop Chinese workers, I believe starting from this generation of Chinese workers, nonmonetary incentives such as training, time off and community building might help multinational companies pluck and retain workers in China.As multinational firms start to do investment in China, most of the manufacturing activities have been moved to China for the purpose of cost reduction. Chinas economy growth take a shits off like a rocket and so does Chi nas child labor issues. Although China government has official regulations banning the workplace of teenagers (age under 16) or pre-adolescents from miserableer regions of China, there is slake an increasing number of upstart laborers have been drawn to the rapidly developing gray and coastal areas looking for jobs such as in toy exertion, garments, food production and light mechanical work in the factories.Some people argue that this is super unethical because they deserve to go to school for knowledge. But some people counter argue that parents of insipid workers have teensy choice but to send their children off to work because they cant leave school fees. In a sense, it represents a substantial portion of much-needed income to poor families. Without the law and public opinion as a factor, it sounds reasonable that insipid workers can provide a new workforce to the boom market in China as well as sustaining their poor families however, aside from the basic human right s violation of the children, this market is risking the childrens lives that they are the future asset of China.From factory owners focus of view, the true value of juvenile workers is not only about the cost, they are more desirable than adults due to smaller hold and pithsight undamaged. In addition, they learn themselves are often reluctant to complain because they exist the critical nature of their financial contributions to their family. Unfortunately, both parents and juvenile workers dont have a clear idea of the poor working conditions and physical risks inherent in their jobs. I read an article from the tender Rights Watch, the newsperson mentioned for example, has left children disabled with eye damage, lung disease, stunted growth, and a susceptibility to arthritis as they grow older The children are constrained to work under these harsh conditions and the privation situation can cost them more than their hands and fingers, sometimes their lives as well. adolescen t workers are much less aware of workplace hazards than the adult workers.This low sensory faculty in the public about child safety and protection provides a conduct ground for both exploitation and potency disaster. Sadly, their families are still willing to take this chance because they know they have no other choices to support the family. Other than the hazard-working environments, the reporter from Human Rights Watch discovered the juvenile workers living areas. The reporter described the cramped 200-square meter store was it, and that at night they slept on or under their worktables. With such living environments, juvenile workers are not able to have a healthy physical and mental development. Its the cause of destruction for more childrens lives child labor does not give children a chance to live a normal life.To conclude, child labor is a serious matter that not only affects the children as the future asset of China, it also has a great impact to the long-term economic development in China. Because of its tremendous effect, its not something that can be eliminated in one day, or possibly even a decade. However, the first step in helping a problem is to learn about it, to have further studies into the extraction causes of the problem to be carried out. I believe the fundamental root causes are the growing earning disparity in China and the failure of the Chinese education system to provide adequate and low-priced education to all children. Until the root causes have been addressed, the only thing that we can do is to report, ban and penalized all child labor related activities. We shouldnt allow companies in China or their suppliers to employ juvenile workers.