Governing Stakeholders and Business Ethics Essay Sample free essay sample

1 ) How does Google’s mission thrust scheme at the company? Google’s mission ‘to organise the world’s information and do it universally acceptable and useful’ has driven Google to make a hunt engine that on the footing of cardinal words entered by the user will scan the Web for text. images. pictures. new articles. books. and academic diaries. among other things. 2 ) Is Google’s stance toward Internet hunt in China consistent with its mission? Google’s stance toward Internet hunt in China is inconsistent with its mission. Harmonizing to its mission. the hunt engine would be an unstoppable tool for besieging authorities censoring. democratizing information. and leting people in to a great extent censored societies to derive entree to information that their authoritiess were seeking to stamp down. including the largest state on Earth. China. However. in conformity with Chinese ordinances. Google had decided to prosecute in self-censorship. excepting consequences on such politically sensitive subjects as democratic reform. We will write a custom essay sample on Governing Stakeholders and Business Ethics Essay Sample or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Chinese independency. the banned Falun Gong motion. and mentions to the ill-famed Tiananmen Square slaughter of democratic protestors that occurred in 1989. 3 ) Do you believe that Google should hold entered China and engaged in self-censorship. given the company’s long-standing mantra â€Å"Don’t be evil? † Is it better to prosecute in self-censorship than have the authorities censor for you? No I do non believe that Google should hold entered China and engaged in self-censorship. as this is inconsistent with its long-standing mantra â€Å"Don’t be evil† . However as Google’s directors argued. it was better to give Chinese users entree to a limited sum of information. than none at all. or to function the market from the United States and let the authorities to go on proactively baning its hunt consequences. which would ensue in a severely degraded service. Its aim was to give Chinese users â€Å"the greatest sum of information possible† . which was non the same as â€Å"access to all information. † Nonetheless. Google argued that it as the lone hunt engine in China that let users c ognize if search consequences had been censored ( which is done by the inclusion of a slug at the underside of the page bespeaking censoring ) . 4 ) If all foreign hunt engine companies declined to put straight in China due to concerns over censoring. what do you believe the consequences would be? Who would profit most from this action? Who would lose the most? The consequence might be that China would reconsider its stance on censoring. nevertheless this is improbable as China’s place grown company Baidu already takes the lead in the market for Internet hunt in China. holding 40 % of market portion. If all foreign hunt engine companies declined to put in China. the consequence on China might non be really important. Furthermore. with over 100 million users and that figure turning fast. China promised to go the largest Internet market in the universe and a major beginning of advertisement gross for hunt engine companies. Therefore the chance to put in China is excessively large to disregard.

Competitive Strategies Example

Competitive Strategies Example Competitive Strategies – Coursework Example Competitive Advantages Competitive Advantages The selection of cost leadership as the competitive advantage that Riordan has to adopt is based on the fact that the company has adequate resources to ensure that it benefits from this strategy. As such, pricing of the company products in a unique manner will ensure that Riordan has the potential of attracting new, as well as retaining its customers (Khurana, 2002). This is because in every market, customers are sensitive on the price of the products and they focus on having value for their money. Effective pricing of the company products will ensure that long-term performance of the company is stable. Such will occur since the company will increase its market share and have sufficient financing for acquiring more resources for the production process. Innovation and sustainability is another competitive advantage that the company should embrace. This is essential since innovation aids in improving the performance level of the processes o f the company in the production of goods and services. Further, innovation contributes in the reduction of the production cost of the company and ensuring that sustainability is achieved. Embracement of sustainability in the company will contribute in ensuring that the production process of the company does not suffer from technological changes and it is able to last for a long time. Hence, the company has room for adopting lean manufacturing, which is an innovative and sustainable strategy, which will contribute in the attainment of the competitive advantage for the company. Such includes having a stable long term performance of the company. ReferencesKhurana, R. (2002). Searching for a corporate savior: The irrational quest for charismatic CEOs. Princeton, NJ7 Princeton University Press.

Crafting and executing a winning strategy Essay

Crafting and executing a winning strategy - Essay Example However, as big corporations are being washed out with the erosion of public/stakeholder trust due to unethical and socially irresponsible behavior, today, corporate strategists realize that a perceptible commitment to ethics and corporate social responsibility (CSR) has clear implications for the corporate bottom line, and integrating it as a part of corporate strategy would significantly improve business performance. [Hopkins, 2003; Houck and William, 1996] The paper examines the linkage between company's effort to craft and execute a winning strategy and its social responsibility - the company's duties to conduct its activities in an ethical manner and demonstrate socially responsible behavior as a committed corporate citizen, attending to the needs of all the stakeholders. In doing so, it shall attempt to analyze what ethics and social responsibility means in the corporate strategy context, the debates surrounding the relevance of social responsibility, and also examines the significance of ethical and socially responsible behavior by corporations for survival and success. It shall also look at ways to incorporate ethics and social responsibility into corporate strategies for ensuring long-term success of corporations. The environmental movement of the 1980s and 1990s, which exposed many unethical corporate practices by companies such as Nestle, Shell and the rising cases of corporate scandals in the recent years signifying unethical and irresponsible behavior by top officials, such as those at Enron, WorldCom etc., have brought about the significance of ethics and social responsibility as a legitimate topic in the formulation and implementation of business strategy. [Hopkins, 2003] While the two terms are sometimes used interchangeably, as management imperatives, business ethics and corporate social responsibility are distinct concepts, though with inevitable overlaps. It may be worthwhile to clearly understand the two precepts before attempting to analyze their significance in creating winning strategies. Ethics in business, an age-old concept, advocates ethically appropriate behavior by businesses to the stakeholders directly concerned with the business enterprise, viz. managers, consumers, investors/owners and employees. [Hopkins, 2003] Ethical behavior in business extends to all segments of business management at the enterprise level including finance and accounting, human resources management, sales and marketing, production and intellectual property. While a consensus on the definition has not been achieved, corporate social responsibility is stated to be "concerned with treating the stakeholders of the firm ethically or in a responsible manner." [Hopkins, 2003; p.1] Corporate social responsibility, a more inclusive concept business ethics, extends beyond the enterprise level to all stakeholders, what Hopkins describes as, "the seven azimuths", within which the enterprises trade and operate viz.: owners/investors (shareholders or stockholders); management; employees; customers; t he natural environment; the wider community (including government); contractors/suppliers. [Hopkins, 2003, p. 3] CSR as a winning business strategy concerns with the responsibility of the company to each of these seven groups; it may include responsibility to competitors as well.