Comparative Ethics and Social Responsibility
Added on 2020-05-16
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Running head: COMPARATIVE ETHICS AND SOCIAL RESPOSIBILITYComparative Business Ethics and Social ResponsibilityName of the Student:Name of the University:Author Note:
1COMPARATIVE ETHICS AND BUSINESS RESPOSIBILITYIssues in GlobalizationI have learned that globalization in the fashion industry implies abundance of fashion thatis sold by the multinational organization or the giant retailers who makes transnational deals andco-ordinate for worldwide distribution of goods. The tendency of the people to get attractedtowards fashion and different varieties within different geographic location has a homogenizingeffect across different locations and this represents a global paradox. These globalization in thefashion industry is created with the help of computerization and internet in different globalmarkets. According to me, I think globalization in the fashion industry has been bothadvantageous as well as disadvantageous. It has created pressure among the workers who areengaged in the factories with low wages. Bangladesh stands third in production of clothes afterTurkey and China and this video clearly highlights the pressure among the factory workers inthis industry. From the video, I have also analyzed that majority of the people prefer to shopthrough bargaining. Bargaining helps people to find the perfect piece of clothing at the givenprice. I have found that globalization in the textile industry means people are trying to pay thereal cost for the clothing and thus get their desired or preferred choice at the correct time. I havefound that the more than 4 million people to Bangladesh in the textile industry and most of thecompanies have opened up their factories in Bangladesh due to the low cost of labor The factoryowners have to keep their prices down due to the steep competition among the companies andthis is improving the business environment of Bangladesh. The raw materials are purchased fromother countries and the products are made at a much cheaper price compared to other countries.Therefore, I can say that Bangladesh is improving in textile industry and globalization is pavingits path for development (Pumpkin Interactive 2018).
2COMPARATIVE ETHICS AND BUSINESS RESPOSIBILITYStarbucks Social Responsibility VideoAfter analyzing the video, I have found that Starbucks started in 1971 with three partners.Among these three partners, one partner was the supplier to the company and after a trip to Italy,they decided to open a coffee shop. After analyzing the coffee market in Italy, These threepartners decided to open a coffee shop of roasted coffee. Starbucks has captured the marketbecause of its flavor and not because it was dark. I have also found that coffee loses weight andmoisture when it is processed or roasted and thus it is considered as a loss for the company. Thistransformation generally begins when green coffee beans are heated in huge drums and they turnyellow after adequate heating process. Moreover, Starbucks is also trying to bring more flavors and thus bring unique anddifferent flavors for people from different places. At Starbucks, they are trying to blend coffeethat will showcase the particular region in the country. For example, In Latin America, the threecoffee flavors has been brewed into one single flavor that exemplifies the best quality of thatregion. The company is also trying to blend the beans from different regions to weave thedifferent tastes and aromas of coffee. On the other hand, I think blends like Gold Coast Blend,Caffe Verona and Starbucks Christmas Blend offers complex flavors that are not easily availablein other single origin coffee. Starbucks is also carrying out several programs in educatingstudents as well as training teachers in the rural countries. The coffee industry is also facingchallenges due to overproduction. The coffee that is brought by the common people does notaffect Starbucks by the dynamics of demand and supply affects the company. I have also foundthat it is also difficult for the company to stay connected with the farmers on everyday basis andthus enhance the production of coffee (Prof TabOkWU 2018).
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