Business Ethics in China Essay

radical 1 How sight you as an MBA student control Prof. Christensens mentations to your own t ane? When your brio draws to a close, what traits, goals, handments, or characteristics do you prize you will bottom or so esteem on?Before I play along the video and name from Prof. Christensen, I place near valuate on my achievements that argon related to gold. I take up been taught and influenced that money is a worthy resource much(prenominal)(prenominal) that my personality trait will be that of a diligent, hard operative person who spends cautiously. I run hard and achieve advantage at work I stay to go to stemma school because the influences from the preceding(a) impact my values and beliefs in the efficiency to perform successfully at work. However, Prof. Christensen is sullenice that this is non the way to measure your success especially when your life draws to a close.Be loving, sympathetic, concerned, respectful argon the valu commensurate goals th at I will place just active value on. It is really difficult in forthwiths family especially life tends to get so busy to organise money that we forget to allocate resources to our most valued relationships such as our p atomic number 18nts, married woman/husband, tiddlerren or even our friends. You bay window take a crap respects from population base on your achievements or money that you rag, but this is precisely interpreted as small wins, in vow to achieve your big win in your whole life, simply morality and right count. .Topic 2 i) Think whateverwhat your current or previous lend oneselfer what CSR theory did/does that federation ascribe to? Please bid right-hand(a) examples of why.My current employer ascribe to good theories, which pore on ethical requirements between occupancy and society. The vexation natures atomic number 18 catalogue and sign mendment handicraft with 2 brands and flip all over 40,000 different types of products to consume rs in UK. With over 45,000 containers of products are imported annually, the primarily commission on CSR is the reduction of surroundal impacts to the society such as trim endure flagellate, ascorbic acid footprints and energy consumption in tack together to reinforce their corporate reputation.Every year, the championship will show how much looseness has been bring overmatch in each sell store to increase public awareness. For example last year, over 90% of waste is now recyc lead, general waste produced has reduced by a further 10% year on year and overall carbon footprint has decreased by 9%. By showing this, customers cigarette literalize how much effort that the business has put in CSR and progress to shop.Topic 2 (ii) Pretend you are commencement a refreshful family. What CSR theory would you take on to use for your new company? wherefore?I would consider ethical theories, which boil down on the right thing to achieve a good society. Nowadays, consumers exp ect companies to consider their impact on society as much as their own business interests. Business could damage their profitability by failing to demonstrate they are rightfully committed to CSR. The four mentioned areas under ethical theories in the article, sustainable education is get more and more important. By reducing the impact we pee on the environment and supporting the society in which we experience and work, we can engage with our customers and colleagues and in that respectfore fire the companys reputation, which is the most valuable asset. Most importantly, this is non only relating to the companys grow, but also the companys culture. It will become a culture that you, your employees and the confederation genuinely mean in. Therefore, I reckon that running a responsible business to society makes good business sense.Topic 3 Which persuasion do you think is correct, or are they both wrong? Why? If the honor and public opinion were not a factor, would you be unforced to employ churlren at your company, or use a provider who used child compass?For both of the perspectives, I cannot agree they are reflecting the real situation of the factory workers in china and as well as the Chinese factories. To begin with, people always make judgments on Chinese factories that they should sacrifice some profitability to provide better functional environment however, people focus also much on the upstream of the submit chain but neglect the downriver where the actual demand is coming from. surrounded by 1980s and 1990s, chinaware was criticized by most of the international organizations because of its infringements of basic human rights. However, when globalisation comes in place, transnational firms from most of the countries that criticizing the chinawares violations began to do considerable nub of investitures to mainland mainland China in 1990s and 2000s. They started to act as their manufacturing activities to China because of valu able opportunities, resources, cheap crunch force and most importantly, multinational firms do not direct to conduct their business in other countries standardised China by fol downhearteding the ethical rules when they are conducting the akin business in their theatre country.They continue to practice this action irrespective of Chinese governments soupiness to its own citizens. In addition, the increasing tilt in the global market has led multinational firms to squeeze their suppliers to deject their be in order to maintain or increase their profit margins and competitiveness. These are very typical cases from Toys R Us, Home transshipment center and Wal-Mart that they have said they will not tolerate price rises. Chinese factories where most of the products are manufactured from, they have no choice but cut down their tolls in the areas of working environment, tug salary and benefits. As a result, not only the Chinese companies should consider dispirit the profitabil ity to provide better working environment for their workers, multinational companies should consider the same or do additional investing in order to purchase their products with lower costs.Secondly, I counter agree that Chinese workers are willing to work for less(prenominal)(prenominal) money and accept pugnaciouser working conditions as a comparative advantage. In the 1980s, unsettled workers account for the largest work force in the Chinas special scotch zones where Western companies set up their businesses. These unsettled workers main goal is to make replete money and then go back home for a better life. Nowadays, major cultural shifts in China have changed workers attitudes. Leslie Chang stated in her speech that the new generation of Chinese workers aged somewhat 17 to 19, they leave their home from thousands miles absent 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 knowledg e and skill set because they mean the subcontract in the factory is the low stepping-stone for them to find a better job and thus, a better life in the upcoming. Furthermore, this generation of Chinese workers starts to instal constructive dialogue with managers approximately their line of works, which inwardness they are becoming active participants in the process of change rather than hands-off recipients. The reason for all the above changes is because they would like to attend, grow and success in their lives. As a result, if multinational companies would like to involve and retain 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 attract and retain workers in China.As multinational firms start to do investment in China, most of the manufacturing activities have been locomote to China for the purpose of cost reduction. Chinas economy growth takes off like a rocket and so does Chinas child tire out issues. Although China government has official regulations illegalise the employment of teenagers (age under 16) or pre-adolescents from execrableer regions of China, there is still an increasing number of fresh laborers have been drawn to the rapidly underdeveloped southern and coastal areas looking for jobs such as in toy production, garments, solid food production and light mechanical work in the factories.Some people get by that this is extremely unethical because they deserve to go to school for education. But some people counter argue that parents of puerile workers have little choice but to propel their children off to work because they cant afford school fees. In a sense, it represents a substantial portion of much-needed income to ugly families. Without the law and public opinion as a factor, it sounds reasonable that juvenile workers can provide a new hands to the booming market in China as well as sustaining their poor families however, apart from the basic human rights violation of the children, this market is risking the childrens lives that they are the prox asset of China.From factory owners point of view, the true value of juvenile workers is not only about the cost, they are more desirable than adults due to little hands and eyesight undamaged. In addition, they learn themselves are often reluctant to give up because they know 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 intact in their jobs. I read an article from the Human Rights Watch, the reporter mentioned for example, has left children alter with eye damage, lung disease, stunted growth, and a power to arthritis as they grow older The children are forced to work under these harsh conditions and the deficiency situation can cost them more than their hands and fing ers, sometimes their lives as well. Juvenile workers are much less aware of workplace hazards than the adult workers.This low awareness in the public about child safety and protection provides a breeding ground for both exploitation and potential disaster. Sadly, their families are still willing to take this run across because they know they have no other choices to support the family. former(a) than the hazard-working environments, the reporter from Human Rights Watch discover the juvenile workers quick areas. The reporter described the cramped 200-square metre workshop was it, and that at night they slept on or under their worktables. With such life sentence environments, juvenile workers are not able to have a healthy physical and mental development. Its the cause of death for many childrens lives child labor does not give children a chance to live a normal life.To conclude, child labor is a serious motion that not only affects the children as the future asset of China, i t also has a spacious 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 assist a problem is to learn about it, to have further studies into the root causes of the problem to be carried out. I believe the organic root causes are the growing earning disagreement in China and the failure of the Chinese education system to provide adequate and affordable 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 abandon companies in China or their suppliers to employ juvenile workers.