Diaoyu Island is a big political event happened this year.Diaoyu Island incident is a historical boundary issue. Chinese and Japanese argued about this problem over so many years. Japanese government announced that they bought Diaoyu Island from the “owner” of this island and some government officials boarded the island in August this year. Because of these many Chinese people began to boycott Japanese goods, even some people use violence actions to boycott Japanese. Many Japanese factories in China closed because of this. In this month, almost all the travel agencies stop the travel plans toJapan. A part of Japanese economic has been influence by these actions. It’s not good forJapanto lose a big market like China. If the actions of boycott Japanese will last for a long time, these must damage some part ofJapan’s economy.

Economy and politics are closely linked. Economy can affect the government’s policy and politics can also reaction of the countries’ economy.

picture from:http://www.sopopo.com/news/gamenews/8781.html

Environment is a hot issue that people talk a lot these years. When people concern more on environment, more problem come out with the economic. Environment and development seem like to be a couple opposite element in the world. There are lots of examples about “developing economic but destroy the environment”. When business people try to build a new factory, the location always is an important decision, because the factory may affect the growing of local plants, especially the water.

Sometimes the effect to the environment may not appear right away, but it always be late after you can see it. To avoid to influence the environment is more important than offset. Nowadays, more and more people notice this and work hard to protect the environment.

Sustainable development is a good way to develop economics and this is also help humans to have a good life in the future.

Resource：http://www.scu.edu/ethics/dialogue/candc/cases/nutritional.html

Food is indispensable in our life and the quality of the food is always a big issue that people concern. At a meeting of the Ethics Center’s Ethics Roundtable for Executives, Kirk O. Hanson, director of Stanford University’s Sloan Program at the Graduate School of Business, created a fictitious case to help discuss this question：

Fred James, chief executive of Nutritional Foods Inc. received two reports from the health departments. One was from Seattle,another was from Southern California.Two different places but occurred similar situation: a child was acute food poisoning of an unpasteurized apple product produced by Nutritional Foods.The health departments said that there perhaps had other possible causes.They didn’t have enough information and also didn’t have the batch numbers for the products in question.

Nutritional Foods was becoming the best-known brand of natural or nonpasteurized foods in the Western United States. The company is really strict on their produce process and the distribution.The vice president for production,John Healy was startled a short time later to receive a third and fourth report similar to the first two. After Healy and James had a short discussio, they took actions quickly and tried to solve the problem properly.

The main ethical issue is what the company will action when the Product quality problem occurred,will the company choose to do the method benefit the consumer or their own profit.

Actually, in the real world not every company will choose the corrcet action, the “china sanlu milk powder incident” can be a specific negative example for this kind of business ethics.Economic doesn’t mean to do anything to maximize the profit. It is still bulit on the Legal and moral.

Welcome to UBC Blogs. This is your first post. Edit or delete it, then start blogging!