...issues are formally addressed. However, compliance of corporate ethics and governance do not come in handy. There are several issues hurdles that several companies and organizations have undergone in achieving these milestones. This has made this topic to be widely discussed especially in the media as will be demonstrated in the articles that will be discussed here after. Most of the newspapers have taken this issue with a lot of seriousness and dedicated their time to discuss this topic wide and in depth. Therefore, several newspaper articles will be used to demonstrate this. Irish times on 3rd February 2014, Peter Murtagh published an article about ‘Government should do more to Counter Corruption’. This is according to the report that 81% of the people in the country say that corruption is widespread in the country. This therefore calls for the government...
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...Individual Assessment SM0269 Global & International Business Context Nurhuda Binte Md Yassin Student ID: 12034616 Word count: 3,189 words INTRODUCTION This report aims at facilitating the company’s decision-making process concerning the consideration of expanding its international operations in food retailing to South Africa. The overall competitiveness and investment attractiveness will be based on the extended version of Porter’s National Diamond and supplemented with key management issues of South Africa food retail industry, to which the company can tailor its strategy. The analysis recommendations will be made, that need to be considered by the company before deciding in opening its operations in South African food retail industry. Brief Summary of South Africa Food Retail Industry |South Africa, a growing retail market with a population of around 49 million people, possesses a modern infrastructure supporting relatively | |efficient distribution of goods to urban centres, townships and rural areas throughout South Africa and Southern Africa (Ntloedibe, 2010). South | |Africa have been identified among the ten new markets most likely to appeal to multinational store groups, along with four other African countries -| |Algeria, Kenya, Morocco and Nigeria (Ventures Africa, 2012). | ...
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...international business activities. This essay will look at the impact of economic globalisation on China while focusing on China’s ecological environment. To start off, the essay will look at the definitions of globalisation and economy, followed by China’s change from being an agriculturally farming intensive country towards rapid industrialisation. Because of this activity pollution, emissions as well as environmental degradation resulted in serious ecological problems. International bodies such as the Kyoto Protocol, the Intergovernmental Panel on Climate Change (IPCC) and the United Nations Environment Programme, have stressed the importance or reducing pollution and emissions in developing countries in order to maintain sustainability. Cancer villages are becoming a major concern in China and that was enough to make the Chinese political party to take responsibility and change their views on the ecological environment. The question here is can China implement these changes to maintain sustainability for future generations, and if so what methods are they using to achieved this by? According to Morrison (2011), globalisation is the “process by which products, people, companies, money and information are able to move quickly around the world.” (p. 43). The definition of economy is “the system of activity connected with the production, trade, and consumption of goods and services of a region, country, or other (not necessarily geography) area” (The Oxford Dictionary of Economics...
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...Corruption is a phenomenon that public good uses for private gains. It happens in both private and public sectors. In term of government it’s defined as “the sale by government officials of government property for personal gain”. Also, it can happen in different ways and in different level from different positions and different countries, but this phenomenon is mainly widespread in developing countries. Even though, corruption is a worm within the body of society and cancer to economic and political development; but it can also be used as the cure for some people to sustain their life and maintain their economic advantages. The major coast of corruption is increasing poverty and social and economic disparity because some officials take the control of the country resources and exploit public instead of distributing on society and creating job opportunity to their people. Because of corruption, Child mortality and hunger endangered the life of millions. In Angola, 1 out of 5 children die before they reach their fifth birthday and more than half of population lives with $1.5 a day. Hence, corruptions create social class and widen the gap between wealthy and poor and it causes further problem. For instance, the corrupted people send their sons and daughters to the world best universities, and other cannot even support their children to complete primary education. So, not only in terms of finance, but corruption creates disparity in education and other aspects of life. Moreover...
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...Introduction Crisis management is the art of making decisions to head off or mitigate the effects of sudden events that can harm an institution’s constituents, facilities, finances or its reputation. This may entail making decisions about your institution’s future urgently whilst you are under stress and you are lacking key pieces of information due to the crisis unfolding. (Reid, 2000) The key to being able to manage a crisis is doing as much planning as practical before a crisis starts in order to best position an institution and individuals who are likely to be directly affected so that they may be able to respond and mitigate crisis situations as such urgent situations arise. The management of a crisis can be done through simulations which help in exposing the students or company individuals to crisis experiences. Simulations as one of the best ways to help students develop critical thinking. Unlike the classroom setting where students learn passively, simulation allows students to think spontaneously and actively. This process helps to gain the critical thinking skills needed in their profession. Students value the opportunity to apply theoretical knowledge in a safe and realistic setting during simulations in order to develop a systematic approach to solving problems. Problem solving can effectively be done in teams and students value the opportunity to develop teamwork skills during a simulation because they would have to work in a team to be able to solve or manage...
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...Introduction: The economy of Bangladesh is characterized as poor and developing. In a developing country like Bangladesh, hartal, crime and corruption are some of the major impediments of economic growth. All type of people suffers from these problems. During hartal, schools, colleges and universities, business institutions, offices, transportation and others facilities remain closed. So students can not join in class or seat in exam, the business people and officials cannot go to their workplace. During harlal,the poor, mainly, suffer a lot because they deprive from their daily earnings. The poor suffer from corruption in many ways. Their access to services, such as public health and education, is reduced when drugs and textbooks are stolen from public facilities and sold privately and when doctors and teachers have high rates of absenteeism from their public jobs and sell their services privately. Corruption invariably channels public resources to the rich–the poor lack the funds to bribe or pay for the private provision of services that are supposed to be provided for free as public services. Almost everybody suffers from corruption, but the poor suffer more. Economic crises tend to have a series of impacts on society and security, depending on their severity and on people’s capacities to cope with and adapt to stresses on livelihoods and community relations. this leads people to engage in crimes which in tern, hinder the economic growth of the country. Hartal: Hartal...
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...Solution to FDA Oversight Food is an essential part of everyone’s life. Therefore, there is a huge food industry that is intertwined with everyone’s life. People may not realize our relationship with food is actually quite convoluted and corrupt. This convolution and corruption are derived from food manufacturers using harmful chemicals and additives in food that could be harmful towards those who consume products containing these harmful substances. Alvin and Virginia Silverstein, authors of the book The Chemicals We Eat and Drink, both agree that all food—natural or not—are chemicals (Silverstein). However, people need these “chemicals” to survive. Ultimately, everyone will consume—at many points in their lives—processed foods that may not particularly be safe for them in terms of the kind of ingredients used. To fix this, an ultimatum must be acted upon. All chemicals and additives added to food in the United States (US) that pose any health risks should be monitored, regulated, and if necessary, banned by the Food and Drug Administration (FDA) in the manufacturing of food products in order to increase food safety and increase manufacturing liability within the food industry. To establish my credibility, I have been researching the subject for a few months now. I have dove deep on the issue of how these harmful chemicals can be regulated and how to make the food industry a safer place by pinpointing the roots of the problem through identifying the instigators; those mainly...
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...Festivals * Events * Essay * Speech * Quotes * Rhymes * India * Social Issues * Follow us on Twitter * Follow us on Facebook Corruption Essay Essay on Corruption Corruption is the use of unethical methods to get some advantage by others. It has become one of the big factors of obstructing the development of the individual and country. You can use such type of essays for your kids and school going children for essay writing purpose at home or schools. Corruption Essay 1 (100 words) Corruption is a poison which has been spread in the mind of wrong people of the society, community and country. It is the mistreatment of public resources just for getting some unfair advantage to fulfil little wish. It is concerned with the unnecessary and wrong use of both power and position by anyone whether in the government or non-government organization. It has affected the growth of the individual as we well as the nation and reduces income. It is a big reason of inequalities in the society and community. It affects the growth and development of the nation in all aspects like socially, economically and politically. Corruption Essay 2 (150 words) Corruption is the misuse of public property, position, power and authority for fulfilling the selfish purposes to gain personal satisfactions. Corruption is the misuse of authority for personal gain of an individual or group. It is the unfair use of public power for some private advantages by breaking some rules...
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...Company’s Social Responsibility Aflac, the insurance company that helps employers offer their workers a financial safety net at no direct cost to their businesses, has been declared a World’s Most Ethical Company for a fifth consecutive year. The Ethisphere Institute, a think tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability, annually recognizes companies around the world that demonstrate a commitment to ethical leadership, compliance practices and corporate social responsibility. Aflac is the only insurance company to appear on the list each year since the inception of the award. According to Ethisphere, Aflac secured a hard-earned spot on the list by going the extra mile in implementing upright business practices and initiatives that are instrumental to the company’s success, that benefit the community, and that raise the bar for ethical standards within the industry. “As companies strive to maintain a competitive advantage, good ethics translates into better business, and better business means better bottom lines. Aflac recognizes the important role that principled practices play in brand reputation, which ultimately is the most valuable asset for a corporation,” said Alex Brigham, Executive Director of the Ethisphere Institute (Ethisphere Institute, 2012). Aflac has appeared on the World’s Most Ethical Companies list every year since the creation of the award...
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...to individuals to succeed. During The Progressive Era there were two groups involved in regulating social and political problems known as the muckrackers and the new middle class. The muckrackers were journalist who exposed corruption in the government and spoke about the truth behind everything in society. The progressive’s goals were to stop the abuse of power, labor laws, suffrages, the corruption of the government and its abuse of power. Progressive’s established settlement houses to improve the living conditions for the poor. They provided a large amount of activities such as education, medical help, nurseries, playgrounds and plenty more. If this wouldn’t of occurred then we wouldn’t have the support we do now from the government with affordable housing, welfare, public schools, and library. The fact we have public school is important because it provides us with the knowledge skills needed to pursue our career. This made a huge impact because schools expanded and states began to pass laws requiring children to attend school until the age of 14. This helped produce a better life for the future. It provided students with options as to what fields they want to study and gave them opportunities to become professionals. Muckrackers exposed corruption in the government and a change was needed in the society. Government was abusing its power with scandals going on taking money from big businesses, treating workers unfairly and police brutally. By taking money from businesses...
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...defining the subject of the research and then proceeding to explain as to how I would measure or evaluate it in order to answer the question at hand. In identifying the major assumptions and biases of the drug industry that underlie drug research you can pretty much find out that the research has been rigged to favor the drug itself and or the drug company. The reason being is that the research will one way or another point to the manufacturer of the drug paying off the people that are reviewing the drug so that the article will favor the drug company and will lead to the company making more money. These companies favor money far more than helping people. As a consumer, I feel pretty much the same way about what the article speaks about. I feel that the only reason why we don’t have cures for many diseases in this day and age is because the greedy chief executives of these pharmaceutical companies wanting to continue to make money off the people whom are suffering from many of these despicable diseases. I think it’s a real shame, because I would love to see my family live longer because pharmaceutical scientists have figured out a cure for things like cancer, diabetes, STD’s, etc. The only reason I feel that we aren’t there yet it because of the power of corruption...
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...By Agam H Maloo Raffles University LOKPAL AND LOKAYUKTA “Power doesn’t corrupt people, People corrupt power.” William Gadias Introduction The idea of creating an anti corruption ombudsman, in the form of a Lokpal, was first conceptualized in 1968 in the fourth Lok Sabha. Thereafter in 1971, 1977, 1985, 1989, 1996, 1998 and 2001 efforts were made to enact legislation to create the institution of Lokpal, but these efforts remained unsuccessful. Over the last few years the issue of enacting a law to create Lokpal has seen active citizen engagement. Continued civic engagement with the issue resonated with the government and the legislature and led to the passing of the Lokpal Bill in the recently concluded winter session of Parliament. The bill has received parliament's assent on 01 Jan 2013. This has been one of the few pieces of legislation in recent years which has been extensively debated publicly and received in depth parliamentary scrutiny. Before the bill was introduced in parliament, a joint committee made up of government and civil society representatives had made an attempt to draft the Bill. This effort remained inconclusive and the government introduced a Bill drafted by it in Lok Sabha. This Bill was examined by the Parliamentary Standing Committee on Law and Justice and passed by the Lower House in 2011. The Bill was then referred to a Select Committee of Rajya Sabha. Based on the recommendations of the Select Committee, the government made amendments to the...
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...Ecological impact of international business on China In the last decade, China has undergone veritable economic expansion, but with great cost to its environment. Unregulated production and pollution have resulted in the existence of over 400 cancer villages in China, concentrated around areas of high economic development (Florcruz, 2013). According to the Chinese media, cancer villages are defined as villages where the number of cancer patients is extraordinarily high due to levels of water pollution from industrial activities. Outside of China, the scientific community identifies "cancer clusters" as regions where cancer is more common as a result of the density of cancer-causing pollutants. The proliferation of cancer clusters in China is higher than anywhere else in the world. Cancer is the number one cause of death in urban China, with lung cancer being the most deadly (Liu, 2010).This essay will analyse the rise of China's economy, the environmental effects it has had on present day China, and how it will continue to effect China in the future. It will also discuss several environmental, economic, and legal policies the government of China are currently looking at and changes they need to consider in the future. "China's economic transformation is one of the most dramatic economic developments of recent decades" (Greene, Dihel, Kowalski & Lippoldt, 2006, p. 5). In 2001, the Chinese economy overtook Japan to become the second largest economy in the world behind...
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...that it’s not the food industry’s fault and that it’s the people’s fault for eating the way they do, but I think I will make some valid points as to why it is the food industry’s fault. Throughout my life I always thought that eating food that was purchased at a grocery store was the safest and healthiest way to eat. From what I have learned now, eating certain foods from a grocery store or supermarket can sometimes be almost as bad as eating fast food. This is due to the food industry doing strange modifications and putting strange ingredients into our foods. According to an article titled “Is the Food Industry killing us“ . . . “Due to the rise of mass production and consumerism in the 20th century which accelerated after World War II more and more food is now manufactured using increasingly efficient processes to make it quicker to prepare, better tasting, higher in energy content and cheaper.”(Lavelle) This also makes the food much more unhealthy than it should be. The food industry only cares about its monetary gains, and couldn’t care less about how their ingredients affect people. One food additive that has caused a high percentage of the health problems people face today is MSG. MSG is a food additive inserted in thousands of food products today. It is labeled as an exotoxin, which can damage or kill nerve cells in the central nervous system by excessive stimulation. MSG is...
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...Tapped is a documentary about the bottled water industry and how certain companies such as Nestle are taking advantage of the resource and the citizens of not only America but of the surrounding communities of these springs and oil refineries. This is a scary situation because it gives the power of controlling of water to a select few companies and allows them to distribute it as they please. It is noted in the film that if this distribution continues to take place, by the year 2030 nearly 2/3 of the world’s population will be lacking aces to clean drinking water. Water is beginning to be looked at as a commodity, much like gas is, thus leading to exploitation of the resource. This is wrong in many ways because water is a necessity of life...
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