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Business Society and Ethics

In: Business and Management

Submitted By rickeisha
Words 532
Pages 3
Business Society and Ethics
2/4/15

Based on the analysis required for this assignment, we are told to assume that Jack Ma has acquired the West Texas Fertilizer plant. From prior knowledge, I know that Jack Ma is a staunch “advocate for corporate social responsibility” and is a major advocate for improving the “environment”. I have also learned that Jack Ma is an individual who pays attention to social issues and works to ensure that some sort of change is brought forth to improve these issues. Based on the background information given about Jack Ma, I can assume that if Ma acquired the West Texas Fertilizer plant he would conclude that the fire in which took the lives of 35 innocent individuals is due to the irresponsible actions of the company owner. He would conclude that many alternate steps could have been taken to ensure that the fire would not occur. Ma would not only take steps to improve the infrastructure of the West Texas Fertilizer plant but would also improve the social structure of the plant because he is not concerned about maximizing profit for the benefit of the corporation but he is more concerned with making “healthy money, enabling people to enjoy their lives”. The first step that Ma would take is to “reboot and revisit the initial dream the company had while questioning what is the sole purpose of building the business”. He would then try to better educate individuals on issues relating to the plant. These educational forums may include “informing individuals that all human beings should be self-reliant instead of depending too much on the government. In other words he wants individuals to step up to the plate and take responsibilities for their own actions. This is in reference to the owners, instead of blaming the owners and straddling about what should have been done, Ma would try to look past that and think of ways to...

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