Both of the companies had different strategies and approaches. EBay China having the advantage of being a first mover as a result in the beginning dominated seventy percent of the market, but later lost the market to Taobao. EBay faced many challenges when doing business in China. External and Internal Analysis In China, the online customer-to-customer market
America began on small businesses and America has to continue to have small businesses to have a good economy. Wal-Mart endangers businesses all over the country because small businesses cannot compete with the superpower on account of Wal-Mart getting goods from places like China. Most people live within thirty minutes of a Wal-Mart and with their lower prices people will continue to shop there without realizing what they are doing to their own economy. Most people don’t realize that saving a few dollars by shopping at Wal-Mart is crippling all the local businesses around their area. Wal-Mart does not care about the American economy because they are thriving the way the economy is now, so American citizens have to stand up for their communities.
Factories with sweatshops provide the poorest of working conditions and show the workers no appreciation. Owners of these factories act more as if they were running a boot camp rather than a factory. Globalization refers to the relationship of businesses around the world becoming more intertwined to a similar culture. It is not just a single process because of all the people it affects in many ways. A time it took place many times the documentary China Blue such as when there were Americans and people from other countries came to observe the factory.
But consumers aren't helping their fellow countryman earn his own living by buying these imported items. Consumers are giving their hard-earned money to Walmart to go back to China to buy more items. (Smith & Young, 2004). Walmart has created new jobs for people when they open new stores, but they are underpaid jobs. Many of the positions are part-time, therefore, they are positions without benefits.
ETHICAL ISSUE(S) & DILEMMA The Foxconn suicides can be viewed from an ethical lens because China’s labour costs have been kept low for years, while expectations kept increasing. Global companies are tapping on the low-wage labour market in China to keep costs low, but many fail to fully understand or accept the moral implications. These problems are complex because they result in benefits for some and harms for others, because the exercising of the rights of some usually results in denying the rights of others. (Hosmer, L.T, 2009) The main ethical issue from the Foxconn case would be: whether it is ethical for Mr. Terry Guo, to place the firm’s benefits ahead of the personal well-being of the employees. Being the world’s largest contract manufacturer of computers and electronics (The China Post, 2010) – serving huge companies such as Apple, Dell, Sony and more, Foxconn may not be able to serve its clients if it is unable to maintain its aggressive cost-management policies.
Employers knowingly employ hundreds of thousands of illegal immigrants each year on farms, in restaurants, as domestic help, and in labor-intensive jobs. Without these workers some industries could not survive. Undocumented workers fill a need in this country and will work for wages that most Americans will not (“Employment protection policies and the undocumented worker: a balancing of competing interests,” 2005). Conclusion In conclusion, our current immigration laws are tearing families apart. Immigration reform is needed, but there is not a one size fits all solution.
Ike was a huge economic burden to the U.S. and “estimates suggest Ike may become one of the costliest hurricanes on record” (FEMA 10). Hurricanes are known for causing severe structural damage to houses, but also have an effect on many businesses as well. Many people had to evacuate and be out of work for up to two weeks due to power outage and debris. Also, some businesses were damaged by flooding and wind, which caused the loss of crucial business equipment. Businesses were flooded along the Texas coast and lost all of their vital technology such as computers, telephones, and other office equipment.
I’ve always heard that during the Industrial Revolution, many prisoners were used as free labor, but I never realized how much money the prisons actually made from this kind of labor. I believe that prisoners are a good resource for free labor because they deserve to be punished in some kind of way, but it’s not fair that the prisons made such a large profit from them. Also, I think it’s terrible that the prisoners were silenced when there was a literary movement about prisons. Prisons obviously had terrible conditions in the past, and they have the right to voice their opinions so I don’t think all that information should have been hidden from the public. The public had no idea what went on inside the prison even though the public is typically the one determining the fate of these criminals as the jury.
A main problem Timbuk2 is dealing with is their customers being unsatisfied with their products being produced and manufactured in China rather than in the home manufacturing site of San Francisco. Loyal customers of Timbuk2 are concerned that the bags made in China will not be of the same quality as the bags made in San Francisco. With customers having concerns, this could reflect the quantity of bags being produced and profit. Another main problem Timbuk2 is dealing with is the complexity of the machinery that is going to be used; this means there will be an increase in labor costs as well as an increase on the purchasing price of the bags. Timbuk2 is handling the problem correctly by making sure that the bags are being made in China are up to the standard of the bags that are made in San Francisco.
The Issue of Poverty and Hunger By: Nolan Kibit Lit III 2nd Hour One in seven people die of hunger, and 2.2 million children die each year because they are not immunized .Many people do not know how large of an effect poverty has on the health crisis that we face. Poverty is an important global issue because it plays a role in the estimated one billion people who lack access to health care systems. Health issues are a main concern for countries with high poverty populations. Poverty effects the way we act and live, and our health effects the way that we behave in the real world. Poverty effects our health in many ways including mental health and diseases, access to vaccinations, malnutrition, and attaining adequate healthcare.