However, some people, mainly as domestic manufacturers and patriotisms argue boycotting imported products is an effective way to protect domestic markets and improve the status of domestic products in society. Let’s look at how they think of it. Boycotting imported products can reduce the number of imported products. Even a country’s market has no imported products. Boycotting imported products will help domestic products to occupy the markets rapidly. They believe that with reducing the number of imported products by boycotting, customers cannot compare their products with imported products and have to choose domestic products. If they succeed in boycotting, national industry will be protected and developed. Domestic products in society will be gained reputation by public again. If without boycott act, national industry will not be protected and developed. If number of customers who choose imported products are increasing, domestic manufacturers and domestic traders will make no profit and close. They will not develop. Eventually, they will be defeated by imported products. In their ideas, if a country wants to be rich and power, they must develop and protect national industries. National industry is essential in development of a country.
In my opinion, I don’t agree that protecting domestic products and national industry through boycott act. Domestic markets and national industry should be protected and developed, but, boycott act cannot effectively protect and develop domestic markets and national industry and it cannot help domestic products to improve the status in society. By contrast, boycott act might be caused a negative impact on a country’s economy. Why? With respect of consumers’ benefits, if imported products are boycotted, customers will get no information of fashionable things on world. With regard to manufacturers, they will not have any chance to improve their products through boycotting. If their products are not compared with any imported products, their products will not be improved. With reference to diplomacy, if a country boycott imported products, their diplomacy relationship will be affected. How do we protect national industry and improve the status of domestic products in society effectively? Firstly, improve techniques of manufacture through learning skills from other countries. Secondly, manufacturers are expected to get more information about advantages of imported products, such as designs. It will help them to broaden their vision. Domestic products which have fashionable design on world will be welcomed. Thirdly, domestic manufacturers are expected to improve their quality. Everyone likes to choose high-quality products. If domestic products are lower in quality than imported products, no one wants to buy them even if imported products are boycotted.
Sunday, 14 March 2010
Friday, 12 March 2010
Kelvin--opinion on the article
From my point of view, I totally agree with the article. First of all, competitive advantages are not only the state of art technology and good financial backing, but also good image. My topic is “being ethical is the golden way of doing business in the future”, therefore; my focus point is the future of the company. Even doing business ethically is costly sometimes, but when we consider the future of the company, social responsibility can bring benefit to the company and also the society. In addition, I also agree that being ethical is an action from inside to outside. The first step is to treat the organization member well because they have the direct impact to the company. At the same time, they can also benefit the company immediately. Finally, company should do something good to the society in order to build up an ethical image among the public. From words of mouth, the customer based of the company can be widened because of the good image.
Kelvin--summary of the article
In this article, it tries to discuss about how can a business gains benefit by operating ethically. Indeed, company has the responsibility to act responsible to society, economic and the public. Not only is good for the society, but also the company. Mutual benefit can be achieved if company can bring stakeholder and company together.
The first benefit of being ethical is to gain the competitive advantage. Company can be a good employer by offering an equal opportunity to the employee. Since the organization members have the first feeling toward the company, therefore, they will perform better if they receive a good feeling from the company. Seeing that, it helps to lower the cost of the recruitment and retaining. At the same time, it can also reduce the risk of corporate reputation thus the shareholders are more willing to finance their business.
Secondly, widen the customer based. Customer will choose the company based on their perception. According to Goodpurpose Global Study of 2008, if the company is ethical, there are 52% of the customers will advertise the company and 54% will invest their money; 68% will keep their loyalty even in the recession.
Finally, running business with an ethical way can trade off the cost in the short run. There is the cost of employing the disadvantage group. However, the cost can be traded off by the strong image in the long term.
To sum up, if the company considers the future, it is better to bring the stakeholder and the company together in order to gain the mutual benefit in the long run.
Reference:
http://www.bukisa.com/articles/204324_the-benefits-of-running-a-socially-responsible-and-ethical-company
The first benefit of being ethical is to gain the competitive advantage. Company can be a good employer by offering an equal opportunity to the employee. Since the organization members have the first feeling toward the company, therefore, they will perform better if they receive a good feeling from the company. Seeing that, it helps to lower the cost of the recruitment and retaining. At the same time, it can also reduce the risk of corporate reputation thus the shareholders are more willing to finance their business.
Secondly, widen the customer based. Customer will choose the company based on their perception. According to Goodpurpose Global Study of 2008, if the company is ethical, there are 52% of the customers will advertise the company and 54% will invest their money; 68% will keep their loyalty even in the recession.
Finally, running business with an ethical way can trade off the cost in the short run. There is the cost of employing the disadvantage group. However, the cost can be traded off by the strong image in the long term.
To sum up, if the company considers the future, it is better to bring the stakeholder and the company together in order to gain the mutual benefit in the long run.
Reference:
http://www.bukisa.com/articles/204324_the-benefits-of-running-a-socially-responsible-and-ethical-company
Monday, 8 March 2010
beyong the bubble - the economist
http://globaltechforum.eiu.com/index.asp?layout=rich_story&doc_id=6783&categoryid=&channelid=&search=pipes
Thursday, 4 March 2010
Wednesday, 3 March 2010
Annie's BBCnews about China
China communists get new anti-corruption ethics code
by Quentin Sommerville
BBC News, Beijing
In China, the Communist Party has issued a new 52-point ethics code, in an attempt to control growing corruption among officials.
The code bans members from property speculation, money-making deals, and lavish expenditure.
The last set of rules was issued 13 years ago.
Corruption has become an increasingly hot topic among the public-graft often tops the list of issues of most concern for ordinary Chinese citizens.
Lavish lives
Party officials should work hard to serve the people and avoid accepting gifts or using their influence to benefit family members, according to the new echics code.
The guide bans lavish weddings and funerals, and overseas tours.
Officials should also stay out of profit-making deals, the code says.
But few do.
Some of the most senior party officials in China have been on the take-property speculation has been particularly popular.
The richer the country gets the bigger the sums involved.
Spending lavish amounts on government buildings or flash cars is also banned.
In some provinces, party and government headquarters are indistinguishable from plush five star hotels.
The latest luxury sedans are often used to ferry around officials.
China's one-party system has struggled to deal with endemic corruption, much to the annoyance of the general public.
Reference:
http://news.bbc.co.uk/1/hi/8533410.stm
by Quentin Sommerville
BBC News, Beijing
In China, the Communist Party has issued a new 52-point ethics code, in an attempt to control growing corruption among officials.
The code bans members from property speculation, money-making deals, and lavish expenditure.
The last set of rules was issued 13 years ago.
Corruption has become an increasingly hot topic among the public-graft often tops the list of issues of most concern for ordinary Chinese citizens.
Lavish lives
Party officials should work hard to serve the people and avoid accepting gifts or using their influence to benefit family members, according to the new echics code.
The guide bans lavish weddings and funerals, and overseas tours.
Officials should also stay out of profit-making deals, the code says.
But few do.
Some of the most senior party officials in China have been on the take-property speculation has been particularly popular.
The richer the country gets the bigger the sums involved.
Spending lavish amounts on government buildings or flash cars is also banned.
In some provinces, party and government headquarters are indistinguishable from plush five star hotels.
The latest luxury sedans are often used to ferry around officials.
China's one-party system has struggled to deal with endemic corruption, much to the annoyance of the general public.
Reference:
http://news.bbc.co.uk/1/hi/8533410.stm
Kamran's Artical News
Pakistan
Officials of Pakistani opposition leader Nawaz Sharif have been accused of stealing electricity as he addressed a night rally to denounce corruption.
Mr Sharif's Pakistan Muslim League-Nawaz party has been accused by various newspapers of siphoning off power to provide lighting for the
They say that it was done by extensive use of illegal connections.
Mr Sharif - who was making a speech against corruption at the time - has denied being personally responsible.
A Pakistan Muslim League-Nawaz (PML-N) leader, Saad Rafique, told an emergency press conference that the power supply had been arranged by
Shown on TV
Another PML-N official, Siddiqul Farooq, said that an inquiry would be held to find out who was responsible for the illegal power connection.
Senior officials of the Lahore Electric Supply Company (Lesco) have refrained from blaming the PML-N outright for the theft. They said that they would identify those responsible by Tuesday morning, but so far this has not happened.
Television footage showed that metal hooks had been illegally connected to live wires to secure the electricity supply for the rally.
The BBC's M Ilyas Khan in
Our correspondent says that the allegations are likely to be embarrassing for Mr Sharif, who in his speech indirectly denounced President Asif Zardari for making illegal money and stashing it away in foreign bank accounts.
Mr Zardari has denied persistent accusations of corruption over the years.
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