Background:

Tens of thousands of refugees from Syria, Iraq and Afghanistan have arrived in Europe, which has stirred sharp disagreement among European Union countries on how to “process” and accommodate them [1]. As a result, European countries may face challenges of resources supply, particularly the economic pressures.

Consideration:

Initially, the refugees’ pouring into Europe may lead to high unemployment. An overwhelming majority of refugees need to get jobs to feed their family members. However, owing to their poor education, most refugees may have trouble finding proper occupations in advanced European nations, which may even bring about social problems.

Secondly, the refugee migration may get European countries’ governments into financial difficulties. Because most of the European countries provide social welfare for their people and migrants, the government will have to spend more money on social services as more and more refugees enter Europe countries.

Last but not least, refugee flows in Europe may have negative effects on original inhabitants. Owing to the increase of population, the prices of daily supplies will inflate. Consequently, the living standard of people in Europe will decrease.

Personal opinion:

Although receiving refugees from Syria, Iraq, Afghanistan and elsewhere contributes to increase of labor quantity in advanced Europe, which benefits the long-term economic development of these countries on one side, and contributes to the rise of political reputation of a nation, such as providing humanitarian aid to refugees one the other side. Yet I hold my view that, instead of arguing about the ratio distribution to European countries, the European Union is supposed to take necessary steps to consider and resolve the immediate series problems caused by refugee migration, such as acceptance of refugees, refugee shelter construction and even assist the resolution of the political disputes and war issues in Syria, Iraq and Afghanistan.

rrReference:[1]R Reference: Charbonneau, L. (2015 September 27RRrRRRR

Referencehttp://www.reuters.com/article/2015/09/27/us-un-assembly-refugees-idUSKCN0RQ0RJ20150927

Background:

In order to achieve the criteria of Environment Protection Agency (EPA), Volkswagen cheated in the emissions tests in USA by installing ‘defeat devices’ during the period of 2008 and 2015, until Volkswagen’s behaviors were exposed recently.

As a result, Volkswagen is not only facing massive pecuniary loss such as billions in fine and stocks fell, but has also sullied the reputation of ‘German made’. According to EPA, Volkswagen might face civil fines of up to $18 billion for violations of the U.S. Clean Air Act [1]. Besides, the automaker’s stock has lost more than 30 percent of its value since the EPA firstly alleged Volkswagen’s cheating behavior [1]. What’s more, the chief executive of Volkswagen Martin Winterkorn resigned due to the scandal.

Personal opinion:

From my point of view, an enterprise should obey local laws, rules, stipulations, social norms, and keep up with high standard business integrity in its production and operation, meanwhile, each enterprise must have social responsibilities, such as environmental protection and equal competition. Nevertheless, I have to admit that the cheating behavior of Volkswagen really disappoints both customers and environmentalists, and Volkswagen deserves all the possible fines and negative consequences. At last, action talks more. I do hope the high executives and management staff of Volkswagen must consider and take real measures to resolve the engine problems of their products instead of delivering endless and useless apologies.

Reference:

1. http://http://www.dianliwenmi.com/postimg_2582317.htmlhttp://ktla.com/2015/09/26/volkswagen-facing-billions-in-fines-lawsuits-from-vehicle-owners-shareholders-dealers/

[1]

After having finished reading the article of Milton Friedman (The Social Responsibility of Business is to Increase Profits) and watching the talk that explains stakeholder theory made by R. Edward Freeman, I lost in deep thought. I strongly agree with Friedman that corporate executive’s using the wealth of the company to contribute the society is a kind of violation to the Shareholders of the company. I also intensively subscribe with Freeman that if you just focus on financiers you miss what makes capitalism tick. The truth is that shareholders financiers, customers, suppliers, employers and communities can together create something that no one of them can create alone[2]. On one hand, I think stakeholder theory may add up social responsibilities, social liability and political responsibilities to enterprises, which may even become burdens of companies and their operations. On the other hand, I think that company managers should focus on their professions, business and create more benefits for shareholders to perfect the stakeholder theory.

Here is a link that helps us understand stakeholder theory better: https://mosaicprojects.wordpress.com/2014/07/11/understanding-stakeholder-theory/

[1]https://en.wikipedia.org/wiki/Stakeholder_theory

[2] Friedman, M.(1970 September 13). The New York Time magazine. Retrieved from September 15, 2015 from http://site.ebrary.com/lib/ubc/reader.action?docID=10187339&ppg=171

I have also read two different com101 classmates’ blogs:

https://blogs.ubc.ca/bacland/

https://blogs.ubc.ca/mariaacosta/

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