Yatingzhang's Blog

“Xiaomi”, often described as China’s Apple, is actually quite different from Apple.

                    It was more like a rock concert as the casually dressed chief executive unveiled his firm’s  new smart phone to crowd on a darkened stage. Yet this wasn’t the launch of the new iPhone , but the Mi–3 handset by “Xiaomi”. With its snazzy design, no wonder “Xiaomi” is often compared to its giant American rival.

Xiaomi sold 7.2m handsets last year, in China, Hong Kong and Taiwan, earning 12.6 billion yuan( $2.1 billion).Apple sold 125m smart phones globally, earning about $80 billion of its $157 billion sales. But since it was founded in 2010, Xiaomi has grown fast. In the second quarter of 2013, Xiaomi’s market share in China was 5%, is more than Apple’s( 4.8%) firstly.Yet” we have never compared ourselves to Apple. We are more like Amazon.” says Lin Bin, Xiaomi’s founder, who once worked for the Chinese arms of Microsoft and Google. Crucially, Xiaomi’s business depends on selling services to its users.

Another big difference is their openness to users’ feedback. Apple takes a stalinist approach to its handsets, limiting user’s customisation . Xiaomi is guided by its users, releasing a new version of its MIUI software ( based on Google Android operating system) and response to their suggestions every week. In some cases, Xiaomi asks users to vote via microblog, the Chinese equivalent of Twitter, on whether particular features should be included or how they should work.

http://www.cnbeta.com/articles/254727.htm

Castigated for serious privacy failings ,Facebook is facing with some difficulties.On November 29th America’s Federal Trade Commission (FTC) announced they had reached a draft settlement  with the social networks over allegations for Facebook misleading people.

The details of the settlement sued that Facebook deceived its users’ .It is also notable because Facebook appears to be a part of broader attempts by the FTC to craft a new privacy framework to settle the swift rise of social networks in America.

The regulator’s findings came at a sensitive time for Facebook, which is said to be preparing for a public offering,valued $100 billion., next year. For its blockbuster flotation, the firm needs to resolve its privacy tussles with regulators in America and Europe.Hence it’s willing to negotiate the settlement unveiled this week, which should be finished after public comments.

Announcing the agreement, the FTC had found some cases that Facebook had made claims for “unfair and deceptive, and violated federal law”,for instance, it passed personally information to advertisers.And it failed to keep a promise, making photos and videos inaccessible for deactivated and deleted accounts .

The settlement doesn’t constitute an admission by Facebook for braking the law,but the regulator are embarrassing for the company nonetheless.In a blog post, Mark Zuckerberg tried to reduce the impact of the deal.Firstly he claimed that “a little high-profile mistakes” were overshadowing the social network’s “good history” on privacy.Then he said, Facebook could improve and he had hired two new “chief privacy officers”.

http://www.chinadaily.com.cn/hqzx/2013-09/29/content_17003294.htm

According to the research” business ethics is the application of ordinary human moral and ethical considerations in a business setting”, when you see this definition, it is kind of abstract, however, we can get more information from many vivid examples. Through reading the essay about business ethics, I think business ethics is an academic studying that can help us judge what is right or wrong. For example, many corporations really wanted to get the business profits, they just focused on benefits, and they did not focus on business ethics. This is a convincing illustration that can prove this phenomenon: For Nike, manufacturing practices included producing shoes have used Nike’s share of sweatshops, in order to save money on the sea. Particularly, Nike ignored and violated human rights. As far as we can see, the basic thing of business ethics is the law, in other words, our business behaviors should be legal. To sum up, we should balance the ideal against profits, safety and social issues, especially business ethics. What’s more, we should cultivate a great sense of fairness, honesty and responsibility in business so that we can get greater success.

http://drdianehamilton.wordpress.com/2011/12/15/8-important-business-ethics-cases/

http://fromonline.net/?f

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