Monthly Archives: October 2014

CSR — Response to Judy Wen’s blog

News from http://www.nytimes.com/2014/10/29/opinion/weak-oversight-deadly-cars.html?module=Search&mabReward=relbias%3Ar%2C%7B%222%22%3A%22RI%3A13%22%7D

General_Motors

A few days ago, I read an article named “Faulty Car Part Leads to Death” in Judy Wen’s blog, and I have some personal ideas about the topic of her post. The article basically describes the ignition problem of GM vehicles that causes injuries and death.

gmrecall

 

GM is not the only manufacturer to be recalled —

GM is not the only manufacturer which accidentally makes defective cars and experiences the recall of products. Over the past years, Toyota cars had a problem with acceleration; Chevrolet cars had a problem with their engines, and Takata produced faulty airbags.

Takata-airbag-recall

 

My point of view —

Personally speaking, I think that the vehicle manufacturers should be more responsible to their consumers. According to a news article I read, some motor companies hide the defects of their products on purpose, in order to avoid recalls of their vehicles and lower manufacturing cost. I believe that this action is very irresponsible and immoral. Safety is the most important factor to be considered when making a car. Some manufacturers ignore the importance, and thus the consumers become victims.

Car_Accident_Lawyer_Decatur_IL

 

The corporate social responsibility is crucial in the vehicle industry, and being responsible to consumers could avoid similar disasters happening in the future. The companies should benefit the consumers, and provide better service. They should at least produce safe cars that would not harm consumers. Also, regulators should be prudent. If regulators are indolent, the cars may have faults, and the sacrifice could be consumers’ lives.

CSR Corporate Social Responsibility Lifecycle

Reference: Pictures from https://www.google.ca/imghp?hl=zh-CN&tab=wi

Sustainability — Toyota takes the lead in the industry

News from http://www.nytimes.com/2014/10/28/business/international/toyota-leads-global-vehicle-sales.html?ref=international&_r=0

This year, Toyota maintains its leading position in the vehicle market, and it is projecting annual sales of 10.2 million in 2014. If Toyota succeeds, the 10.2 million sales would be a new record in the automobile industry.

toyota

The competition is fierce, and it is not easy to always stay on the top. Nevertheless, I believe that Toyota has the ability to keep its position unless there is an unpredictable disaster like the Japanese Earthquake in 2011. Toyota runs a sustainable business, and the company uses the idea of sustainability in different areas. Customers prefer vehicles that are safe, luxurious and environmentally-friendly.

Sustainability= Social + Environment + Economic

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Social — creating a better future

Toyota has 3 special features in its business. First of all, Toyota always manufactures better cars that exceed customers’ expectations. Secondly, Toyota has designed several projects in order to enrich lives of communities. Toyota also has a stable base of business. Providing good service and products to consumers is the most important thing in every industry, and Toyota always puts its customers first.

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Environment — respecting the planet

Toyota makes models that are environmentally-friendly. The company contributes to a low-carbon and recycling-based society. Protecting nature is a basic principle in every industry.

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Economic — working together with partners

Toyota has a close relationship with its business partners based on mutual trust. For instance, Toyota works closely with its suppliers in manufacturing activities, and this behavior     would improve the quality of its models. Toyota also believes that the ties with the partners would help promote the Customer First Policy.

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Reference: Pictures from https://www.google.ca/imghp?hl=zh-CN&tab=wi

Information about Toyota comes from http://www.toyota-global.com/sustainability/

How horrible is the Ebola Virus?

News from http://www.nytimes.com/2014/10/20/us/fear-of-ebola-closes-schools-and-shapes-politics.html?module=Search&mabReward=relbias%3Ar%2C%7B%222%22%3A%22RI%3A16%22%7D

ebola-liberia

Recently, the invasion of Ebola Virus has become a serious issue in the world. The Ebola Virus first harmed people in western Africa, and it has later invaded into the United States. The fast expansion of the Virus is terrifying people all over the world. The invasion of Ebola Virus brings negative effects to different realms. Many schools have closed for the safety of students, and governments are working hard to protect their citizens.             Additionally,  I believe that the Ebola Virus is also affecting commerce.

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–The expansion of the virus in western Africa would seriously affect the local tourism.

Western African countries used to earn money from tourism, but the invasion of the Ebola virus destroys the business and brings panic to local people. Western African countries are suffering from this virus. They have difficulties supplying food to citizens because they do not have enough fund and they are not able to earn money from the local tourism anymore.

WestAfrica

–Ebola affects the airways

The airways are also being affected. People return their tickets because they believe that it is safer to stay at home during this alarming period of time. The airways gain less profit due to Ebola, but they cannot change this situation.

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–The stock price can be affected.

For instance, the stock price of airways may decrease. By contrast, the stock price of medical companies which produce medicine related to Ebola is likely to increase.

Delta-Airlines-and-The-Ebola-Virus-Stock-Char-1

The Ebola Virus is horrible, and it has negative effects on education, health, politics and commerce. It is truly necessary to find a way to control further expansion of the Ebola Virus.

 

Reference: Pictures from https://www.google.ca/imghp?hl=zh-CN&tab=wi

Respect should always be the premise

News from http://www.vancouversun.com/news/First+Nation+chiefs+stage+Site+showdown/10215965/story.html

975.008.025_First_Nations

In the business world, projects related to First Nations Issues were, are and will be important, because First Nations is a significant bunch of people in Canada. Governments should pay enough attention to their territories and their reactions toward those projects related to their culture and belongings.

The First Nations Issues in business can sometimes bring an embarrassing situation for both the government and the First Nations groups. On one hand, the government tries to exploit places that are able to provide profit to the citizens; on the other hand, these actions may destroy First Nations’ land and affect their normal life. Thus, whether to execute or not becomes a difficult decision for the government.

What happened in Ottawa–

The government is planning for a project called “Site C hydroelectric megaproject.” The main idea of this project is to construct and operate a dam and  1,100 megawatt hydroelectric generating station on the Peace River. However, the dam could actually destroy farmlands and habitats. Meanwhile, it would also affect the fishing opportunities and ceremonial events of the First Nations. Once the project is executed, there will surely be a lot of people stand up and fight against it.

bc-hydro-site-c-protest-sign

What to do–

There is a common purpose between the government and the First Nations, and both want to make effort to create a better environment for Canadian people. But what is important is that the government should respect the dignity of First Nations and should protect their legal territories. All in all, business projects related to First Nations Issues should be built upon the respect to First Nations and their belongings.

Reference: Picture from https://www.google.ca/imghp?hl=zh-CN&tab=wi