GUIDED READING ACTIVITIES Essay Example | Topics and Well Written Essays - 500 words

GUIDED READING ACTIVITIES - Essay Example They explain their stand and arguments by giving specific examples and referring to the relevant theories. In this regard, the claimed contribution to the current knowledge is the use of the dominant story in furthering ethical business conducts especially by the stakeholders of particular concerned companies. The authors of the article mainly use the dominant theory to discuss the essence of ethics in doing business in the contemporary world. They specifically state that the dominant theory is not consistent with the law in that the dominant theory puts the interests of the stakeholders first before considering the interest of the community, customers, suppliers, and the employers. In addition, the dominant theory is according to the authors resistant to change in that because of the priority given to the shareholders’ interests, the system becomes reluctant to accept change as it firmly believes in a hierarchical system of classifying various interests. Perhaps the most important feature of the dominant theory in this regard is that the dominant theory is inconsistent with the basic ethical rules. In many business environments, business ethics is a fundamental tool for ensuring that corporates operate in accordance with the international best practice. In this regard, it is appropriate to infer that the integration thesis applies to all business decisions and environments. The integration thesis states that nearly all decisions that are of business nature normally contain some element of ethics in them and the opposite is true. This means that ethical decisions also have some business implications. There is also the responsible principle that insists t hat almost everybody either want to or should take individual responsibility for the consequences of their actions. In the conclusion part, the authors offer some arguments for managing the shareholders especially if their interests seam to

Nation and States Assignment Example | Topics and Well Written Essays - 750 words - 4

Nation and States - Assignment Example Therefore, characteristics that identify a state include existence of a form of government, an organized economy, recognition of other existing states and their territorial legitimacy (White 67). The above distinctions between a state and a nation imply for instance that the Chinese, Americans, French and Swedes are nations, but China, United States of America, France, and Sweden are states (Shelley ix). Sometimes there are no clear distinctions between the two especially when countries such as the United States and India include smaller units also referred to as â€Å"states† but internationally, the these countries are still recognized as states. There are also examples where some nations and states have a close connection such as the case of most Japanese people living in state of Japan while a majority those residing in the state of Japan are also Japanese nationals. There are also cases where nations exist in more than one state in addition to a single state having several nations. This is the case for Arabs who are the many states found in North Africa and South-west Asia. Several definitions have been used to describe the Arab nation including those who are from the lineage of people ancient Arabia, those who speak Arabic as first language and having citizenship of a country that belongs to the League of Arab States. However, there is no single state for all Arab natio nals but multiple states that include Qatar, Libya, Saudi Arabia and Egypt among others (Shelley ix). Several factors place a nation like the United States at an advantaged position over a state like Afghanistan.