...Compare the models of government-business relations in two countries , focusing on one industry . Which model is best? Why? Compare the models of government business relations in Sweden and the United States This essay will compare the two models of government business relations operating in the banking sectors of Sweden and the United States (US). The main argument presented, is that the Swedish model provides a more effective outcome for both the citizens and businesses by offering greater economic stability within the internal economy and also the banking sector. This argument is supported by examples that demonstrate how the Swedish model enabled quick and effective implementation and has provided the Swedish banking sector stability since its inception in1992. Sweden has a socialist democratic system with a capitalist economy, a socialist embedded welfare system and a deregulated financial market which has benefited from constant economic growth (Central Intelligence Agency, 2010). Sweden’s growth continued till the 1990’s when it experienced the ‘1990 Bank Crisis’ similar to the American subprime mortgage crisis (Phillips, 2009). The United States has a liberal democracy with a market orientated economy which is one of the most powerful economies in the world with a GDP of $14.29 trillion (Central Intelligence Agency, 2010). However unlike Sweden the United states economy does suffer from insufficient economic infrastructure and medical and welfare systems (Central...
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...Hennessy 1 Practice 2.1.8: Business and Labour 1. You need to analyze the relationship between business and labor. Write a question that your essay will answer. You can use one of the ideas on page 2, or you can come up with your own. The relationship between business and labor is a partnership in the enterprise of making money. What is fair when it comes to work? Labor relations are generally defined as relations between management and workers. They are also called business relations. Workers or group of workers are represented by trade unions. Labor relations may take place on different levels such as regional, national, international. The main challenge for such relation is ability to adapt to emerging changes. The world and technology develops very fast, so do relations between workers and management. Trade unions (also called) labor unions are organizations of workers who united to defend their rights, solving problems in the industry such as wages, working hours, bonuses, Union represented workers and negotiate with the management on behalf of the workers. Such relations are usually accompanied by tensions and conflicts and company owners usually want to earn more and pay less. Workers are willing to work in better conditions for a better salary. Labor unionism in the United States is an expression of the American democratic spirit working itself out in industry is hardly to be doubted. Its beginnings coincided with the period when the free colonies were ...
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...company manage the business processes to produce and overall positive impact on society. The three levels of this CSR are economic, legal and ethical. A company needs to be more than economically and legally responsible, it must include ethics and these ethics must be above the bare minimum legal requirements. (Gehrke, 2008) You hear of labor issues, environmental issues and the one this paper will discuss is government corruption. Many companies allow governments to be corrupt and they are allowed to steal from their own people. Such is the case in Nigeria, so PUR Packets will need to be aware of this dilemma and work closely with the government to make sure all business is legal, economical and ethical. Corporate Social Responsibility and Ethics Corporate Social Responsibility is a form of self regulation, conscious attempts and self efforts undertaken by an organization for enhancement of operations. CSR is usually part of a business model and should be part of the marketing strategy. CSR in its best element promotes public interest encouraging community growth and development, and it eliminates practices that harm that same public interest. It is sometimes referred to as the 3 P’s, people, planet and profit. The last of the three can sometimes cause a company to overlook some ethics. This is also true of some governments and Nigeria is no exception. (Yosuf, 2007) Nigerian Government Corruption. According to the African Union the government of Nigeria steals...
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...moral issues in stakeholder relations Johanna Kujala Introduction Empirical research on business ethics has traditionally concentrated on examining managers' attitudes to\yard unethical behaviour (e.g. Izraeli 1988, Preble & Reichel 1988, Small 1992) or toward moral dilemmas presented in scenarios (e.g. Cohen et al. 1993, Cruz et al. 2000, Kujala 2000, Reidenbach et al. 1991). A lot of attention has also been given to case studies describing lifethreatening or demanding situations, corporate tragedies or human catastrophes (e.g. Beauchamp 1993, Hoffman 1984, Post 1986, Sethi & Stedlmeier 1991, Shrivastava 1987, and Velasquez 1992). Although all these issues are of utmost importance, they more or less deal with unusual situations and unexpected behaviour, and they can be argued to be beyond the scope of issues on which the managers feel they can exert influence (Waters et al. 1986). It seems that empirical research on ethics in business should be more interested in how managers see the "ordinary life"; the everyday managing situations where they have to face many issues that are moral in their nature (Hosmer 1996: 1, Stark 1993). In the context of studying moral issues in business, the stakeholder approach has gained increasing support in recent years (Van Luijk 2000). It has been found to be a suitable tool for analysing a company's relations with its environment and for dealing with moral issues raised in these relations (Nasi 1995, Waters et al....
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...Industrial Relations in China :A Case Study of Foxconn Suicides Abstract As globalization affected the whole world, the contradiction between leaders and labors has become a world-wide problem. In China, a series of employees’ suicides attracted the public and media’s concentration to consider this problem. A Taiwanese electronics corporation, is acting as the protagonist in this issue and now earning an internationally notorious reputation of running sweatshops. This paper analyze the cause of ongoing trend of exploitation of workers in China with the example of Foxconn, and examine the reasons behind those suicides from the perspective of management, workers and related laws. Based on the fundamental information of China, to illustrate my own analysis about this case from ethical and legal point, and to criticize Foxconn’s management strategy, industrial relations and the gaps of Chinese laws. Keywords: workers’ exploitation, China, Foxconn, suicides, inustrial relations 1. Introduction 1.1 Background and significance of the topic With the rapid development of Chinese economy and the increasing globalization of business competition, the various types of enterprises in China have been booming development, rapid increases in the number and size of foreign investment in China to hire to do business, and further reform of state-owned enterprises increase, the private sector, the number and the number of employees of private enterprises in recent years, is also...
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...Challenges of business-government relationship in an emerging economy. There are challenges of business and government in every level of economy. Either is a developing economy or a developed economy, everywhere one would have to face business-government challenges. As like other level of economy emerging economy have some business-government challenges as well. * A centrally planned government system seems unlikely to provide resources in an emerging economy. * Lack of environmental and financial resources in business for becoming great competitive market. * In an emerging economy mostly network relationship and business-government ties become effective monopoles in their home market. * Business organizations have to maintain government relations at the national, provincial, and local levels. * Very strong competitive pressure and enforcement of legal influence in the emerging economy. * Rapid change in political and economic situations in emerging economy is a great challenge. * Critical government relations to business effectiveness in emerging economies. * Mostly the public sector and government-controlled enterprises have higher percentage of GDP. * Business organizations have to maintain government relations at the national, provincial, and local levels. * Emerging economy is attractive to international organizations, so less scope for local organizations. 1. https://books.google.com.bd/books?id=rvKiAgAAQBAJ...
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...| LABOR RELATIONSBYGERALD HODGESLABOR RELATIONS FALB10 Sec ADEVRY UNIVERSITY14 JAN 20111. From the beginning labor relations has an issue for the United States. Labor Relations is the area that organizations have to deal with between employees and management. Union leaders can use to minimize conflicts between employers and employees (such as strikes) and seek agreements. Unions are organizations formed for the purpose of representing their members' such as employees to deal with their issues. In this paper, I will identify how unions and labor relations impact organizations. I have interview Clinton Harris a labor officer for his organization from Computer company in Virginia. He is in the Nation guard and is currently deployed here with me in Afghanistan. The typical functions of Clinton Harris the labor officer are to manage labor relations program of organization. He analyzes collective bargaining agreement to make sure both sides are fair in terms wages, hours of work, work environment, and health care by contracts. | Clinton Harris advice management about labor relation laws and also interpretation of labor relations policies and practices within the organization. He prepares reports, using records of actions taken concerning grievances, and identifies problem areas. He also monitors implementation of policies concerning wages, hours, and working conditions, to ensure compliance with terms of labor contract. Clint has to research information about additional...
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...Introduction In recent times the Trinidad and Tobago industrial relations climate has been experiencing heightened activity. This has been characterized by the numerous strikes and news reports of the actions and statements of the principal actors involved. The recent TCL strike (Newsday, 2012), statements threatening strike action by PSA president (Guardian, 2010), and threats to the government for a nationwide strike (CARICOM News Network, 2011) all give credence to the concerns of the ECA “that the industrial relations climate will become increasingly adversarial”(Business Guardian, 2011). This type of conflict and balance of power issues in the long-term can have adverse economic consequences as well as a negative effect on international competitiveness. The term ‘Industrial Relations’, in a broad sense, covers the employment relationship between employers and employees either directly or through their representatives. An explanation of Industrial Relations which clearly identifies the principal actors is:- “the relationships between employees and employers within the organisational settings. The field of industrial relations looks at the relationship between management and workers, particularly groups of workers represented by a union. Industrial relations are basically the interactions between employers, employees and the government, and the institutions and associations through which such interactions are mediated” (Naukrihub.com). Actors and their roles ...
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...The current Labor government considers collective agreements rather than individual-level agreements are the most efficient and productive form of workplace arrangements for business. Do you agree? Why ? Why not? The current Labor government considers collective agreements to be more efficient and productive than individual workplace agreements for business. This political ideology has been impacted by the changing nature of work and employment, where collective agreements and collective bargaining are no longer the most efficient and productive form of workplace arrangements for business. With the extrinsic pressures that come with an increasingly global market, business has to look at ways to increase productivity and profitability in order to stay competitive, and this requires greater levels of flexibility in the workforce. The key components of this argument are direct and indirect employee voice, and which is better for both the employee and employer. Are Trade Unions relevant as their bargaining position has been weakened by both a more global market, changes to more atypical labour types and Government legislation that emphasised individualism over collectivism (Hayter 2010). Collective agreements are agreements between employers and employees which regulate workplace terms and conditions as a collective. This is generally instigated as a result of collective bargaining by a third party, primarily Trade Unions. Individual agreements, however, are between an employer...
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...Public Relations Name: Institution: 1. Mix of media used to implement public relations campaign There are three main mixes of media that were used in the implementation of the public relations campaign. One of these is the use of television. Today, almost all homes in the country own a television set. It is therefore a very effective method of implementing a public relations campaign. The public relations campaign on television needed especially to be done during prime time (Zhang, 2013, p. 1323). During this period, there are numerous people who are watching television. It is therefore very easy for the organization to reach numerous people. This also helped to show the seriousness that the foundation was putting on the issue at hand. The second media mix that the foundation considered using is the use of print media. The organization needed to examine the most popular print media in the nation. It then put the respective public relations campaign in a bid to convey the issue at hand. In using the print media, there are several objectives that the organization hoped to achieve. First, bearing in mind that one is in possession of a newspaper for a period of time, he will be able to examine the news release in details and gain an understanding on all the matters at hand. In addition, this media gives the recipient a chance to issue a comprehensive reply (Kahle, 2001, p. 34). The final media mix is the social media. In the recent past, the social media has gained...
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...aspects of business. It has allowed the firm to grow into a multinational. In retrospect, adopting the multi diverse aspect of business, it has allowed AECOM to benefit from business in a particular field, which in turn supplements or supports other aspects of business for the firm. The ideologies embraced by the organization appeal to the creation or development of regions in relation to building a city, region or even a country (Rodengen, 2010). The ideologies of the firm are suited to providing innovative measure for improving a region. The attributes that the firm possesses point towards city development. From the architecture to the economical aspect of the company, AECOM is suited in improving the nature of a city. Therefore, the traits of the corporation will be suited or appealing to governments that seek to renovate or improve the nature of a region or even a country. Based on the capabilities of the firm, it is evident that AECOM can deal with large projects, which implies that the firm can deal with large clients (in relation to the size of the project). With services such as construction, architecture, design and planning, AECOM can provide the means to construct a city in relation to the requirements of the client. In addition to the services, the corporation can provide programs that deal with cost efficiency and other consultation in relation to a project. This means that AECOM can provide a plan that will include the execution of the plan in relation to developing...
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...DEFINING PUBLIC RELATIONS pp.298-302 Public relations (PR) is the practice of managing the flow of information between an individual or an organization and the public. PRSA (2010) – Public relations helps our complex, pluralistic society to reach decisions and function more effectively by contributing to mutual understanding among groups and institutions. It serves to bring private and public policies into harmony. Public relations serves a wide variety of institutions in society such as businesses, trade unions, government agencies, voluntary associations, foundations, hospitals, schools, colleges and religious institutions. To achieve their goals, these institutions must develop effective relationships with many different audiences of publics such as employees, members, customers, local communities, shareholders and other institutions, and with society at large. The managements of institutions need to understand the attitudes and values of their publics in order to achieve institutional goals. The goals themselves are shaped by the external environment. The public relations practitioner acts as a counselor to management and as a mediator, helping to translate private aims into reasonable, publicly acceptable policy and action. People who work in the public relations industry are generally known as flacks, public relations specialists, communications specialists, or media specialists. Their primary function is to serve as advocates for their employers—businesses, hospitals...
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...through the Uruguay Round negotiations. The organization has a total of 159 member countries (Who We Are, 2014). The WTO is an “organization for trade opening. It is a forum for governments to negotiate trade agreements. It is a place for them to settle trade disputes. It operates a system of trade rules. Essentially, the WTO is a place where member governments try to sort out the trade problems they face with each other” (Who We Are, 2014). The “UAE is a member of the WTO since 10 April 1996” (UAE and the WTO, 2014). The membership of the UAE in the World Trade Organization has improved the trade relations of the country with various other countries. This in turn has affected the knowledge inflow from UAE’s trading partners. This is because those countries which have a favorable trading relationship with the UAE tend to have a large number of their workforce migrating to the UAE in search for work and business opportunities. For example, the positive trading relations between the UAE and India since the independence of the UAE in 1971 (Kader, 2013). This has led to an increased inflow of executives and workers to the UAE. Moreover, the country has also experienced a tremendous increase in foreign direct investment from Indian businessmen. Furthermore, this strong relationship between the two governments acts as a guideline for companies operating in the UAE due to which they treat the Indian expatriate workers with respect and consider them an important part of their workforce...
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...International business involves conducting business activities overseas. When conducting these activities, implications arise for participating domestic, international firms and its governments. In this essay, it focuses on the implications on the Australian government as Australian firms conduct business activities with international firms. This is observed through two selected Australian newspaper articles, “Trade ties with Indonesia poor: exporter” (Perry, 2013) and “What does an arms trade treaty means to us in Australia?” (Mallinson, 2013). In addition to identifying the implications, an analysis of each article deals with the relations to the international business concepts such as ethical social responsibility and the relevance to “the Friedman Doctrine” (Friedman, 1970) and political economy in country attractiveness to conducting business activities. The Australian firm, Elder, the exporter of Australian cattle has endure implications towards the Australian government, resulting in poor international trading with international firms. Through “Trade ties with Indonesia poor: exporter” (Perry, 2013), it describes “trade relations with Indonesia are poor”(Perry, 2013) specifically the agriculture cattle industry and criticises the “policymakers”(Perry, 2013) classified as the Australia government. In 2011, a public outrage occurred when “horrific footage from Indonesian abattoirs that uses Australia cattle has revealed abuse of the animals” (Worthington, 2011). Following...
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...authoritarian government, however according to Vladimir Putin, this is not the case. The level of individual freedom (personal, economic, and political) has in fact been lessened and state control over citizens behavior has increased (but has a long way to go before they are at the same level as in Soviet Russia) (Pastukhov). According to the author there is no democracy in Russia except for the literary sense of the word. He believes that the people must first be trained to live responsibly and to respect the law, and then the state can be switched to the rails of political freedom – not the other way around (Pastukhov). First Term in Office Political Structure Vladimir Putin a man who believes that Russia will be better governed under an authoritarian government than his predecessor Boris Yeltsin. President Yeltsin gave governmental powers to the different regions of Russia and in doing so the center lost is ability to understand what powers remained in their control as the nation’s government (Charap). Also while this was happening the importance that the regions have with the centers ability to create policies and the capacity to implement those decisions grew, and along with it the central executive’s ability to coordinate, control and limit activities of the regions lessened while relative power of regions and their associated leaders increased (Charap). Vladimir Putin made three huge changes in Russian politics while being in office. The first was to change the relations between...
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