Discussion

Violating my copyright privileges is definitely not a good thing. I am all for sharing music. If music was not shared, some of the smaller acts would never be recognized. As for my scenario my employment and income is based off of music sales. In this case I am not okay with it. The Fair Use Act seeks to protect people from others reproducing their content without consent.By people sharing my music they are violating the fair use act cause I did not give this music away for free in the first place.. The reduction in my profits is a terrible thing. I am not sure how to stop copyright infringement. There really is no way to stop people from sharing music unless we make it more affordable. This also hurts the artist who is signed to a record label. The record label takes a percentage of sales for promoting and distributing the material.If we could aka music available digitally that can help reduce the cost of an album. It eliminates packaging and shipping. There really are no legal reme dies to pursue In my opinion. By suing fans you will create a bad name and make people not want to purchase your material. It is hard to sue everyone as well. Some people cannot be caught. All we can do Is find a new way to deliver music that will not be able to be copied and distributed. Tunes Is a great example. Discussion Many papers have been writing on the subject of exploitation of the poor by multinationals and there is no easy answer or solution to satisfy both sides; economists and ethicists are continuously debating on the back of the increasing expectations from the consumer population for firms, to behave socially and environmentally responsibly. The Economist Approach The world of business is no romance; it is a place populated with various stakeholders and the survival and long-term success of an MEN is dependent on meeting the needs of these stakeholders.Friedman's free market school of thought from the ass is still relevant today: the key role of a business is to satisfy the needs of these stakeholders (Penn. 2009). As a CEO, I would justify my global strategy very simply; doing business with the bottom Of the economic pyramid (BOP) is part of the global strategy of any MEN and ignoring this segment would be a failure on my part to my primary stakeholders.While the billions of people in t he world who survive on $2 a day may seem to have little purchasing power, ‘the sheer number of these individuals makes up a potential market of trillions of dollars as disposable income† as suggested by Parallax and Hart (2002). With a little vision to the not so far future, it is easy to imagine that as developing economies become transient economies, these billions of people â€Å"move up the income distribution ladder and swell the ranks of the lower-middle and middle income tiers† (Parallax,C.K. 2005). In emerging markets, the BOP has needs as much as the top of the pyramid but they do not have the same income, therefore I would adopt different distribution, packaging and pricing tragedies for that specific segment. The Ethicist Approach As a businesswoman, I would want to keep a strong ethical reputation and as a CEO, I would want my firm to keep a strong ethical brand image and not be seen to be exploitative.While my primary role would be the pursuit of eco nomic performance, acting socially and environmentally responsible would not have to be contradictory as part of my strategy planning. Porter and Kramer (2006) have argued that a firm's social responsibility initiatives must be aligned with its overall strategic direction to be truly effective, that is, profitable. When planning my strategy for doing business with the BOP, I would ensure that managers of all levels in the company are truly aligned with the CARS values. Loud ensure that the decision-making process when considering Foreign Direct Investment (FED) would not just be driven by the economical outcome but also by the â€Å"ethical attitude† and practices of the country receiving the investment. The long-term effect of investing in countries involved with corruption for example would both me as person and would not fit with the corporate image and profile, would hope my firm would want to achieve.Therefore, in my view, conducting business in a responsible way, social ly and environmentally, with the BOP can deliver on the â€Å"triple bottom line' and exploiting that segment of the pyramid does not mean the exploiting the people in it. Discussion Organizational management is a variety of tools and assets that must be managed well in order to be successful. Patients are our number one stakeholder in health care and health care is a business that requires a strategic mindset to steer a health care facility not only in profitability but also in innovation to keep up with new medicines and technology.Having a strategic mindset not only look at the present but also looks at the past for mistakes that as a health care manager can learn from to ensure those stakes will not happen again, but also looks abroad to the competition and future projects which can bolster opportunities to capture more patients for the facility. The key elements of organizational strategy, according to Patrice Spats and Stanley Abraham IS, † It requires identifying who its competitors are and how it might best them. It means accurately identifying its consumers and knowing what they want.It entails determining whether it can produce the kinds of servic es consumers want to buy, whether it has the people and organizational structure to make it all happen, and, most important, how to make a profit when all is said and done. â€Å"(Spats, & Abraham, 2013, peg. 1. 4) These key elements are in direct relationship with a strategic mindset because these are the blueprint to be successful in healthcare. Profits is a key element at the end of the day is what matters, yes we want to cure diseases and help as many people as we can but if you have no money to find those initiatives than unfortunately you will become bankrupt.Everybody has the capacity to learn traits to become a successful health care manager but you have to have the motivation and drive to learn these traits. There are many resources to help and guide you to develop a strategic mind but you have to be motivated to take the time and learn and develop those traits. Discussion Please use as a basis for your discussion the following question: Do you think the events of this chapter (Chapter 2) are isolated instances of business malfeasance, or are they systemic throughout the business world? I don't think events in Chapter 2 are isolated instances of business malfeasance. From the cases of Enron, Arthur Andersen and World, it's easy to find some similarities.All of them focused on short-term revenue and ignored the long-term development and companies' integrity and reputation; all of them couldn't successfully solve the interest conflict between â€Å"people on the top† and current and respective shareholders. For companies, the main goal and theme is to make more profit in general. A stably raising stock price satisfies the board of directors as well as attracts investors to make investment.To achieve this goal, there are two ways to go: one is following all the audit and accounting ethics when directing the company, which may be slow but stable and beneficial in long term; another one Is cheating and walking on the borderline of ethics, which can make a lot revenue In short term but prohibits the company's healthy development in the future. Obviously, companies In those cases In Chapter 2 chose the second way. However, I can hardly say that they are symmetric problem In the business world.Although there are some bad apples In the tree, there are more companies which aim to long-term healthy development and obey rules and regulations. I agree with Currant's opinion that there Is a give and take relationship on both sides of companies and investors. The two-side relationship urges companies to follow their policies within ethics, especially In current world where there are more Acts to regulate behavior of corporations as well as technology and Internet makes Information more transparent.