Principle of Responsible Commerce

Name: Chuling Chen Student number: 3631503 Reflective journal of COMM101: Principle of Responsible Commerce During the study of COMM101, I build that the rules of answerable commerce are really of import for the victimisation of our society, both(prenominal) in economic and culture areas. With the development of globalization, the competition among industries becomes to a greater extent than and more fierce. How to earn more profits with much stretch operational cost has become every companys concern and pursuit. Unfortunately, in order to reach their profitable goal, many companies adopt immoral and immoral methods to conquer the securities industry and maintain their market share. However, their mentally ill market carriage is devastating to both the market and the enterprises themselves. On the one hired hand, their immoral market activity may hand the market rules and regulation, which in turn disrupt the normal tal ly of this industry and threaten the operation of other companies. Furthermore, their selfish mien might help them reach their targets in the short run, provided they may damage their own reputation and fame in the extensive run. why it is happened? And how to make them avoided? Those lead me use the relevant theories that I acquire from the text book to think about.

Considering the danger that indecent market behavior brought to both the society and the enterprises themselves, it is very pregnant to counterbalance principles for every responsible enterprise to abide by when it is doing business. I got some vi ews finally after search and compend theori! es and cases. In this paper, I am going to intend to break five essential principles which are hoped that these principles can be utilize to the business transaction. In fact, the society has formulated a var. of principles for every enterprise to pose to while doing business. In my opinion, those important and crucial ones will be selected to have further discussion. It is hoped that these principle can be utilize to every...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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