TOBACCO COMPANIES AND PRODUCT SAFETY Assignment

TOBACCO COMPANIES AND PRODUCT SAFETY - Assignment Example Thus it is very important to set a strict code of business or marketing ethics for every company in order to avoid the existence of unethical behavior within the business operations. This is also applicable in the selling of the products or services involving the behavior of the salesman (Carroll and Buchholtz, 2009). Deregulation within various industries has raised the scope of committing unethical activities which in turn have resulted in intense competition between all the companies within the industry. It is the competitive pressure mixed with the uncertainty in the existence which has resulted in compromising with the business ethics by the organizations (Barnett, 2007). There are a large number of evidences claiming that many organizations have violated the ethical rules and regulations within last few years. As the buyers cannot identify or evaluate the purchasing variables or purchasing criteria, it results in giving possible chances for the markets to conduct various unethi cal activities at an increasing rate (Carroll and Shabana, 2010). Because of the unethical activities the organizations seek to achieve short term profits but in a broader aspect it negatively impacts the image, goodwill or reputation of the organization. The organizations that were suspected of performing various unethical activities had also to suffer from the legal terms. The businesses generally perform these sorts of unethical activities for achieving their short term goals or objectives, but there are evidences which claim that it declines their reputation in each and every sphere. The unethical activities might be conducted by the marketers in different manner. They might be providing misleading information to the customers in order to persuade them in their purchasing decisions (Curwen and Whalley, 2005). Another example of performance of unethical activities includes charging higher prices for lower quality of products or services. Thus it can be said that one organization conducts its business performance by unethical means in order to achieve short term profits and they face the consequences hampering their reputation in the latter part (Friedman, 2004). The case study deals with the unethical activities conducted by the tobacco producing companies in United States. It represents how the companies neglected the standards set by the department of justice i.e. DOJ in United States. According to the district judge, if DOJ could prove that the big tobacco producing companies are performing deceptive activities for their short term profit seeking purpose, then they would be penalized strictly and have to pay a heavy amount of money. This paper would be highlighting the moral or ethical issues related to the selling of products or services in the market. The responsibilities or duties of an organization towards its organization are very significant. Theories or literatures would be reviewed for strengthening the entire arguments made in this paper. The pa per would be finding the key issues that might be taken into consideration while solving the case study. It would be starting with an introduction about the duties and responsibilities of an organization towards its consumers. Duties of the Companies There is a big procedure involved in the offering of products or services to the consumers. An organization has to handle a large number of duties for dealing with

Impact of the Globalization on a More Even Distribution of Economic Essay

Impact of the Globalization on a More Even Distribution of Economic Activity - Essay Example II. Measuring Globalisation: It is very difficult to measure globalization basing on the movement of production factors. Dispersion of production happens in order to have more access to inputs and so also more access to the external markets. Since there are interdependencies between the factors such as direct investment flows generate exports and movement of knowledge and technology while exports can also generate technology transfers and new inflow of FDI, measuring the extent of globalization becomes a difficult task. However there are some indicators by which one can have a fair idea of extent of globalization. Some of them as cited in the OECD Handbook on Economic Globalisation Indicators are: A. Globalisation through FDI- 1. What is the FDI position (inward and outward) as a share of GDP 2. What is the balance of inflows and outflows of direct investment for a given country 3. What is the propensity to reinvest earnings (earnings/income) from direct investment 4. What is the share of foreign-controlled affiliates in economic output. B. Globalisation through Trade: 1. Share of total exports in GDP. 2. Average of exports in GDP. 3. Share of domestic final demand met by imports. 4. Share of GDP generated by total exports. There are many such indicators mention of which is beyond the purview of this essay. FDI1 is a good measure to know the extent of economic activities across the globe. "To create, acquire or expand a foreign subsidiary, MNEs undertake FDI. The total direct capital owned by non-residents in a given country each year constitutes the stock of FDI" (Navaretti & Venables, 3). As stated earlier that with a propensity of access to market and also access to inputs companies goes for cross border activities or disperses their business... This essay attempts to analyze the development of economic activities in various regions of the world under the influence of the globalization processes. After the year 1980 the world witnessed a new movement for the global economic integration, which was rapid rapid due to technological changes in various sectors. The unprecedented technological change in the transport and communication sector making the swift movement of goods and services, human resources and information on knowledge and technology across the globe at a cheaper cost is the main factor which continues to drive the globalization process. The changing attitude of the people and more liberal government policies contributed to deepen and widen the process of the economic integration by shifting the focus of the planners from national economies to an integrated world economy. With breaking of the trade barriers and changing of the economic policies of the nations across the world make the companies to become transnational by opening up subsidiaries to distribute the business processes throughout the world. Though the process of economic integration occurring at a faster rate in the developed countries but the same is yet to be achieved at rapid rate in developing world. What is needed for redressing global imbalances is a responsible multilateral effort, rather than pressure on parts of the developing world. A well-coordinated international macroeconomic approach would improve the chances of the poorer countries to consolidate their gains in growth performance

'China should prioritise improving its relationship with the ASEAN Essay

'China should prioritise improving its relationship with the ASEAN countries over its relationship with the US'. Discuss - Essay Example It is indeed, an open secret that the relationship between some countries is more cordial, integrative and coordinated than others. Commonly, a nation will consider a number of factors before deciding the type of countries it would forge alliance or relations with. Over the past decade or two, the need for economic advancement and growth has become one of the most paramount factors considered in the stake for selecting partner (Hyer, 2004). Political factors have also been very influential as a means of seeking political dominance. Like all other countries, China has its own international partners and coordinated countries. China’s relations with the United States for instance have been one of the most talked about over the past decade. Apart from the United States, China also has had a higher level of relationship with the Association of South Eastern Asian Nations (ASEAN). In this essay, there is a careful scrutiny to the relationship that exists between China and the United States as well as China and ASEAN to discuss why prioritizing her relationship with ASEAN would do more good to China than a prioritized relationship with the United States. Overview of International Relations International relation is basically the study of relationship that exists between countries. ... ernational relations is a pathway that leads to and brings about an essential and itemized formulation of foreign policy strategy (Dowdy and Trood, 2007). What this means is that countries engage in relationships with other countries as a means of forging and achieving long term foreign policy plans to rule their nations. Commonly, countries want to achieve political and economic power over others. But to make political dominance possible, the counties ought to have several representation and seats in as many international organizations and institutions as possible (Prakash, 1994). To this end, they would relate with other countries so as to gain voting support when the need arises for such international office elections. For economic dominance to be possible also, it is important that countries have as many international markets as possible as the size of a country’s market is proportional to the size of its economy (Shenon, 2005). Against this backdrop also, countries would want to have as many international partners as possible. Indeed, as long as the phenomenon of the League of Nations through the United Nations Organization continues to exists, there is the tendency that such flexibility and allowances that make easier inter-national relations will continue. History of China-US relations The relationship between China and the United States dates back to 1844 when it took place in the form of the Treaty of Wanghia in 1844. Among other factors, the treaty and for that matter relationship was necessitated as a means as allowing much and easier accessibility of the movement of people and good to and from the two countries. To this end, there was the fixing of trade tariffs for the two countries. Citizens of the United States were also allowed the freedom or right to

Why or why not a well-known leader (of your choice) is leading Assignment

Why or why not a well-known leader (of your choice) is leading appropriately for the situation - Assignment Example Wynn had to direct his followers by offering them guidance so as to avoid doubt. His behavior and thinking were being accepted by his followers and he earned their trust. He has encouraged and supported them in attaining the goals that he had set for them. Wynn achieved this by making the path easy and clear for his juniors to follow. He offered the right guidance on the way for his followers and offered schedules to specific work since his subordinates had no experience. These initiatives boost control and the sense security for the followers. Thus, the path-goal theory is the right leadership theory to apply in the situation at hand (House, 128). Based on the analysis of this leader, the theory shows that Wynn as the leader is effective as he gets his followers able to achieve their goals and the goals of the organization. His followers accept his ways of leading and therefore readily and willingly follow

Rhetorics and Stereotypes Essay Example | Topics and Well Written Essays - 750 words - 1

Rhetorics and Stereotypes - Essay Example Rhetoric and stereotyping go well with each other especially that people are using rhetoric to influence and keep stereotyping in practice. Stereotyping is also â€Å"implanted† in the mind from the early age and it is difficult to battle with, especially that the rhetoric acts on the mind as a persuasive tool.   Stereotyping is the concept which binds people with similar traits or attributes in a particular class. Stereotyping has its positive and negative impacts. Most of the people associate it with the discriminatory act against groups. Stereotyping promotes the group evaluation and value rather than individuals. People belonging to one stereotype are presumed to have traits which are attributed to that particular class regardless of the individual identities of people and their traits. Stereotyping, hence, creates difficulties for people who belong to a particular stereotype group but have different traits like politicians who are mostly known as corrupt people regardless of the individual nature and qualities of politicians. Stereotyping and its effects are different on every group. This paper, however, aims to analyze the Politicians, Tattooed persons, feminists and senior citizens as the major discussion in the field of rhetoric and stereotyping. The tattooed individuals are bound together in a single stereotyping group as per their similar practice of tattoos on their body. The similar trait of signing tattoos may differ in design, maxims, slogans, message and size. This stereotyped group is often associated with rockers, punks, criminals etc. In other words we may say that these people are not regarded as reverend as soldiers, older people, teachers etc. the group called feminists represents those who are highly in favor of equality and/or superiority of women over men. The people associated with this group are more concerned about freedom and rights of women in the society. People often consider them to have the feelings of

The Rome Convention has followed the English notion of the proper law Essay

The Rome Convention has followed the English notion of the proper law of the contract very closely. Discuss with reference to case law and academic opinion - Essay Example ace has hitherto followed along the lines of English law on contract, notably on the issue of determination of the intention of the parties concerned. When commercial contracts are executed between two parties who belong to two different countries or where the contract is executed in one place and performance takes place in another, the parties sometimes specify clearly by which country’s law they choose to be governed in the event of any dispute arising out of the provisions of the contract. Article 3 of the Rome Convention become relevant when the parties concerned have specified their choice of law2 and any disputes in such cases are governed by the law of the country specified in the agreement. However, uncertainties arise only when no specific choice of law has been made in the contract between the two parties, or when there is a dispute between the parties as to which law they will agree to adopt for the resolution of the dispute and Article 4 becomes relevant in that case. According to the provisions of article 4, In making a determination about which country’s law is most connected, the characteristic performance will be the determining factor, which will depend upon the residence or office of the party responsible for administration of the contract.4 But this feature will not necessarily apply in all cases. The place of residence of the parties will not apply when from the circumstances of the case as a whole, the contract appears more closely connected with another country.† 4 The English law of contract has traditionally been governed by the free will theory of contract or consensus as idem, which was an expression of laissez faire philosophies, governed by the belief that parties have the ultimate freedom to contract and may draw up any terms that are acceptable to both of them, wherein the courts will not interfere with a free will agreement reached by the parties5. However, despite this subjective approach, the English Courts have

Cold War Essay Example for Free

Cold War Essay How important was the Sovietisation of Eastern Europe as a cause of the Cold War? The Sovietisation of Eastern Europe, though a significant factor for the cause of the Cold War, was still not the most important impetus of all. Even though the imperialist intent of the Sovietisation of Eastern Europe prompted the USA to come up with the Containment Policy that led to the conflicts, it was still the misunderstanding and mistrust from both superpowers which aggravated the progress and tensions of the Cold War. The Sovietisation of Eastern Europe was viewed by USA as expansionistic and hence, is one of the causes of the Cold War. The Soviet Union used the strategy what we have, we hold, creating satellite states while occupying previously held German areas, intimidating other parties away and allowing communist parties into power, creating the phenomenon Slicing of the Salami. One example was Poland, where Polish Stalinist leader Boleslaw Bierut who removed much opposition by ordering the arrest of Poles who opposed the new Communist government. The Sovietisation of Eastern Europe is a notable factor as it increased USSRs political, economic and military power by uniting other Eastern European states into a political and economic bloc against USA, mainly to spread Communism to Europe. The USA assumed it as purely Communist Imperialism, and that USSR was highly sensitive to the logic of force and perceived itself to be perpetually at war with democracy. The USA had failed to note that another reason of the Sovietisation of Eastern Europe was a form of security buffer against USA for Russia. This led to mistrust, suspicion and hostility. Hence this resulted in mounting tensions between both superpowers, and is a factor to the Cold War. The Marshall Plan was also one of the main reasons to the cause of the Cold War. It was an economic plan by the USA to provide Europe, including Russia, with the means to overcome economic adversities after the war, with the intent to prevent poor, devastated countries from turning to Communism and hence, keeping Communist influence in check. For example, up till 1953, US$12,721 million was sent to Europe in cash and kind, and France and Britain received the most. The Marshall Plan, though USA insisted that was directed purely on post war hunger, poverty and chaos, was interpreted by the USSR as a form of exploitation and an attempt to buy allies with money. Thus this worsened relations between USA and USSR, contributing to the development of the Cold War as it triggered a response from the USSR, which was the COMECON. The COMECON was the Soviets response to USAs Marshall Plan and also a contributor to the Cold War. By COMECON, the Soviet Union formed a political and economic bloc in which member states ignored the market economy and exchange rates in favour of barter trade, creating some measure of trade stability within the region. For example, oil and natural gas were traded among member states at below-market equivalent prices, partially to support the fragile economies of satellite states and also as a reward for compliance with Moscow. The COMECON was seen by the USA as an backward-looking attempt to spread Communism influence in Eastern Europe and garner support to counter the USAs market economy. Therefore this increased hostility between USA and USSR as economic and ideological rivals, and thus leading to the progress of the Cold War. The Berlin Blockade was a direct aggression of USSR against USA due to the conflict of currency reform in Germany, which heightened tensions between both superpowers and was the climax of the Cold War. The Soviets cut off key freight links to West Berlin, and later all traffic and essential supplies, to show that they would not tolerate USAs attempt to create economic stability using a new currency, the Deutsche Mark. The Berlin Blockade was an important cause of the Cold War as the goal of the Soviets was to starve West Berlin, an Allied country, into submission to Communism, and was seen by the USA as a direct threat to their own survival. Hence the aggressive nature of the blockade prompted a response from the USA, the Berlin Airlift, which was also USAs way of directly challenging USSRs limits of tolerance, which nearly escalated the Cold War into a breakout of a hot war. The Berlin Airlift was an equally agressive response of the USA to USSRs Berlin Blockade. With West Berlin having only one months worth of supplies and the USSR adamant in the blockade of land traffic, the Allies resorted to delivering the supplies using planes. This brought about an advantage of bypassing land traffic. Furthermore the USA was confident that Stalin was not prepared for an open military conflict by shooting down the planes, which was true. The Berlin Airlift had a significant impact on the progress of the Cold War as it was deeply humiliating for the Soviets and was a political and social victory for the USA. Such an outcome made the USSR ever more determined to keep its sector of Germany Communist, which made the initial plan of both superpowers on a unified Germany impossible. On the other hand, the USA became very wary of the USSRs actions and motives, given that the USSR had broken their own agreements on allowing traffic in and out of West Berlin. Hence this deepened both sides mistrust and hostility towards each other and increased each powers determination to hold on to and promote their own ideologies and curb the influence of the other, which helped the progress of the Cold War. In conclusion, even though the Sovietisation of Eastern Europe added to the rising tensions that led to the development of Cold War, it was still the misunderstanding, misperception and the mistrust of both superpowers that led to a spate of events that encouraged further progress into the Cold War. The USA saw USSR expansionism as totally impervious to the logic of reason and in a state of perpetual war against capitalism and democracy. To the USA, the Soviet Union could not understand the possibility for peaceful or non volatile co-existence, and would take advantage of any reduction in conflict to expand forcibly. Hence the USA conducted itself in the belief that they would never be able to cooperate harmoniously with the USSR and thus came up with the Containment Policy. However the Sovietisation of Eastern Europe was actually not purely Imperialist, it was also partly as a security buffer against USA. In reality, having different experiences and ideologies, both superpowers had different visions for the post war world. While Stalin was suffering from the Babarossa Syndrome and became paranoid in relations with USA, the USA held a strong belief in the Long Telegram, thus leading to the progress of the Containment Policy and later the rolling back of Communism, and USSRs counter attacks. This polarised superpower relations and precluded any sort of friendly relations for years. Therefore it was more of the misunderstanding and mistrust of both superpowers than simply the Sovietisation of Eastern Europe that is the most important factor of the Cold War.