Hong Kong’s “Umbrella Revolution”

Article I’m relating to is from The Globe and Mail posted on 29th September, 2014. (link:http://www.theglobeandmail.com/news/world/umbrella-revolution-brings-hong-kong-to-a-halt-in-push-for-democracy/article20823168/)

In September 27th, citizens from Hong Kong started a peaceful protest named “occupy central”, in order to fight for their democracy. Hong Kong citizens was informed that the potential candidates for Hong Kong’s government in year 2017 will be elected by China. This lead to students going on streets for protests, blocking main areas of Hong Kong. Students started to skip school, workers stopped working and the market wants to shut down, which lead to a lot of inconvenience. My goal is to express my point of view in a business perspective.

With the students blocking major roads in Hong Kong, the productivity of Hong Kong will slow down. Relating back to the operations class, even with companies that can maximize the profit through operations, these unpredictable events will still hinder their productivity line. Since China is trying to pursue communism while Hong Kong citizens are pursuing democracy. If Hong Kong’s protest is successful, the relationship between Hong Kong and China might weaken, which will negatively effect Hong Kong’s economic market. This incident is also a type of marketing, but instead of marketing of a product it’s marketing the concept of democracy.

Business Ethics Blog Post – Anthony Fung

The article I chose from is in the optional reading for class 3 prep, the title of this article is “CVS vows to quit selling tobacco products” that was written in February 2014. The summary of this article talks about the Company, CVS, decides to stop selling any cigarettes related products by October this year. Relating to business ethics, even though the company is about to lose over $2 billion from not selling cigarettes, they are still providing healthcare to diseases related to smoking in pharmacies. CVS is being responsible not only to the customers that purchases their cigarettes but also to the society. By having not only the marketing or accounting sector of the company working together, the company also used scientists and pharmacists to ensure the customer’s having proper treatment after purchasing their product. Referring back to Freeman’s Stakeholder theory, the executive of CVS made this decision not just to satisfy the customers but also showing his or her employees and shareholders that he or she has the responsibility for selling cigarettes. Quoting from the article, CVS has made “an unprecedented step in the retail industry” and predicted it would have “considerable impact”, and I truly support that.