Principle of Responsible Commerce

Name: Chuling Chen Student number: 3631503 Reflective daybook of COMM101: Principle of Responsible Commerce During the study of COMM101, I show that the rules of answerable commerce are really of import for the knowledge of our society, both(prenominal) in economic and culture areas. With the development of globalization, the competition among industries becomes more than and more fierce. How to earn more profits with much invalidate operational cost has become every companys concern and pursuit. Unfortunately, in order to reach their profitable goal, many companies adopt deplorable and immoral methods to conquer the food market and maintain their market share. However, their high-risk market carriage is devastating to both the market and the enterprises themselves. On the one run, their immoral market activity may hand the market rules and regulation, which in turn disrupt the normal foot race of this industry and th reaten the operation of other companies. Furthermore, their selfish demeanor might help them reach their targets in the short run, provided they may damage their own reputation and fame in the extensive run. why it is happened? And how to make them avoided? Those lead me use the relevant theories that I lettered from the text book to think about.

Considering the danger that indecent market behavior brought to both the society and the enterprises themselves, it is very pregnant to answer principles for every responsible enterprise to abide by when it is doing business. I got some views finally after search and compend theories and cases. In this paper, ! I am going to intend to break five classical principles which are hoped that these principles can be utilize to the business transaction. In fact, the society has formulated a var. of principles for every enterprise to cohere to while doing business. In my opinion, those important and crucial ones will be selected to have further discussion. It is hoped that these principle can be apply to every...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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