Name: Gunel Aliyeva
Group: 2
Title: Home essay
Instructor: Tural Mammadov

Question: How are the differences between these two types of capitalism affecting the current phase of globalization?
Answer:
Neoliberalism – “Liberalism" can refer to political, economic, or even religious ideas. "Neo" means that a new kind of liberalism. Neoliberalism is a set of economic policies which there is the role of state is minimal emphasis on individualism, it means that in the neoliberal countries the government don’t interference to the market of economy. But the government helps to the removal of all barriers to commerce, and the privatization of all available resources and services. On the other way these are the goal of neoliberal economic globalization. That’s why this capitalism affects globalization process effectively.
Statism- another type of capitalism which is the concentration of economic controls and planning by a highly centralized government that often extends to government ownership of industry. It means that the government to regulate markets, control profits, direct economic investment. In contrast to neoliberalism, statist capitalism don’t allow development of globalization. This is very differences between neoliberalism and statism.
Question: What are the implications of the stronger presence of statist capitalism for international trade, international business and economic development?
Answer:
According to the comparability, international trade is more restricted in statism. Because these countries run in close economy. On the other hand international trade and business don’t expand in the neoliberal countries. But many countries apply statist capitalism, because the government of this countries control everything especially the market of economy. This is good for development of economic.

a) What is the World Health Organization’s policy regarding the use and/or promotion of infant formula in developing countries? How might the WHO’s policy affect Mary Louse’s proposed solution?
WHO is the directing and coordinating authority for health. It is responsible for providing leadership on global health matters, shaping the health research agenda, setting norms and standards. Mary Louse’s proposed solution that to send products for infants in developing countries, but overdue products. This solution is absolutely contrary to the WHO`s politics. If Mary Louse will send products, will violate human rights. b) What issues has Mary Louse neglected to consider as she prepares for her meeting with Tonya? In answering this question, take into account possible consequences for the company as well as for the recipients of the infant formula.
Mary Louse had noted in three basic solutions for meeting with Tonya. But she neglected that those products are overdue. Even if they are sent products to developing countries for infant, they will know that these products is overdue. This result is even worse than the recognition of the company, even violation of the law may lead to closure of the company. c) Discuss how personal ethics, decision-making process and organizational culture may have influenced Mary Louse’s decision?
Personal ethics, which are generally accepted principles of rights and wrong governing the conduct of individuals. This ethics goes to from our parents, our schools. This ethics depends on our personality. In there Mary Louse doesn’t tell that products are overdue. On the other hand she hides it from managers. Decision-making process so decisions were probably made based on good economic logic. Mary Louse notes solutions but she doesn’t think over economic logic. Because she only thinking about her work. Organizational culture refers to the values and norms. Mary Louse doesn’t think values and norms. Only thinks herself and on the other hand she doesn’t think that the company may be close. d) Evaluate Mary Louse’s proposed decision using two different philosophical approaches to business ethics?
Utilitarian approach- meaning that the moral worth of an action is determined only by its resulting outcome. It is that the company deciding shouldn’t think only about their, should think about people and their rights. e) What would you recommend that Mary Louse do?
In my opinion Mary Louse instead of the tell lie, she would have been better to accept the mistake. After that, she must decide isn’t only thinks herself, she should thinks her company values and human rights.