specific to China. However‚ agrees between Governments and Companies exist in other forms (i.e lobbying). * Question 3 * It is commonly admitted that a western company‚ just like any other legal entity‚ has to respect the law. Business law has been made to ease exchanges between a company and its environment; it is the cornerstone of any business‚ preventing misunderstandings on a first hand‚ and fixing conflicts on a second hand. In emerging countries and especially in China‚ law is not
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References: Thiroux J & Krasemann K (2012): Ethics: Theory and Practice 11th Edition. Pearson NJ. Lecture in Ethics in The Social Sciences (Week 2): Consequentialist (Teleological) Theory Lecture in Ethics in The Social Sciences (Week 3): Non-consequentialist (Deontelogical) Theory
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Ariel Schiff I do not come from the world of development as such I do not have work examples to share. I have many situations in my professional life I can think of where issues related to ethics are of importance. What life has told me that very often the answer is I do not know and that Ethics is very often a luxury that is not understood. Ounce at worked in a new job‚ in a financial software sales position I was in my first week” offered” a woman. By this I mean‚ it was a fellow female colleague
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business with and “against” China? Since July 21‚ 2005‚ China has adopted a managed floating rate regime based on market supply and demand with reference to a basket of undisclosed currency. The daily trading price of the U.S. dollar against RMB in the foreign exchange market will be allowed to float within a band of +/->0.3% around the central parity published by People’s Bank of China. The signal was initially interpreted by the international market as an indication that China would embark on a gradual
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5. FAIRNESS. Ethical executives strive to be fair and just in all dealings. They do not exercise power arbitrarily nor do they use overreaching or indecent means to gain or maintain any advantage nor take undue advantage of another’s mistakes or difficulties. Ethical executives manifest a commitment to justice‚ the equal treatment of individuals‚ tolerance for and acceptance of diversity. They are open-minded; willing to admit they are wrong and‚ where appropriate‚ change their positions and
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Table of Content Introduction 3 1. Case Situation 3 1.1 Situation of the Chinese Car Market in General 3 1.2 Situation of GM China 4 2. Defining the Problem 5 2.1 Technology “Shakedown” 5 2.2 Going down-market vs. Securing Quality-Image 5 2.3 Problems in Home Market 5 2.4 Increasing Competition 5 2.5 Possible Take-Over of GM China by Chinese 5 3. Problem Causes 6 3.1 Technology “Shakedown” 6 3.2 Going down-market vs. Securing Quality-Image 6 3.3 Problems in Home Market 6 3.4 Increasing
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What is Ethics Is the set of beliefs about right and wrong behavior. It is certainly a subject that is used in discussions about how we should live‚ what is right and wrong and what we mean when we use words like right and wrong‚ good and bad. Ethical Behavior – conforms to the generally accepted social norms‚ many of which are almost universal. A persons opinion of what represents an ethical behavior is strongly influenced by a combination of: 1. Family influences
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Kitchener‚ K.S. (1985). Ethical principles and ethical decisions in college student affairs. In H.J. Canon & R.D. Brown (Eds.)‚ New directions for student services: Applied ethics in students‚ no. 30. San Francisco: Jossey Bass. Based: Beauchamp‚ T.L. & Childress‚ J.F. (1979). Principles of biomedical ethics. Oxford: Oxford University Press. Ramsey‚ P. (1970). The patient as person. New Haven: Yale University
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discriminatory is one that is same for members of both genders. On the other hand‚ the motive for the dress code was to distinguish men from women. That act of distinguishing men from women was discriminatory in nature‚ and it went against the dress code ethics. The motive for distinguishing men from women is not said. Both men and women were doing the same type of job; it‚ therefore‚ means that there was no need for distinguishing them. Telling women to wear smocks and men not to wear it was discriminatory
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Doing Business in China The role of government when doing business in China is very important. It is especially important if you are from a different country‚ such as the United States‚ because the approaches to dealing with the government are much different. There are many factors in which should be considered when dealing with business related issues with the government. These include whether or not your business strategies go along with the plan the government has for Chinas development‚ understanding
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