Principle of Responsible Commerce

Name: Chuling Chen Student number: 3631503 Reflective ledger of COMM101: Principle of Responsible Commerce During the study of COMM101, I tack together that the rules of answerable commerce are really of import for the growth of our society, both(prenominal) in economic and culture areas. With the development of globalization, the competition among industries becomes more than than and more fierce. How to earn more profits with much grease ones palms operational cost has become every companys concern and pursuit. Unfortunately, in order to reach their profitable goal, many companies adopt malevolent and immoral methods to conquer the 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 eliminate, their immoral market activity may hand the market rules and regulation, which in turn disrupt the normal ladder of this i ndustry and threaten the operation of other companies. Furthermore, their selfish manner might help them reach their targets in the short run, provided they may damage their own reputation and fame in the extensive run. wherefore it is happened? And how to make them avoided? Those lead me use the relevant theories that I learn 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 doctor principles for every responsible enterprise to abide by when it is doing business. I got some views finally a fter search and compend theories and cases.! In this paper, I am going to intend to break five significant 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 cling 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 utilise to every...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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