Dairy Farmers

Topics: Petroleum, Oil reserves, Oil spill Pages: 5 (2051 words) Published: January 6, 2013
Responsible commerce was a completely strange concept for me before I learn this subject. A literary understanding of responsible commerce is that a company, a corporate, an organisation or individuals should take responsibility for whatever they do during commercial activities, not only for their customers, but also for themselves. The bottom line for all the commerce activities is that they must make sure that all of their activities are legal. Only under this premise, we can talk about what is responsible commerce. As a company or corporate, customers is always the first position they should care about. A company may based on the facts when they selling their products or propagating their culture. Which means the any act of cheating and dishonest is not permitted in commercial activities and company can only build their reputation if they follow these rules. Another responsibility a company should take is that they may protect the environment. In some cases, many multinational corporations built their factories in developing countries due to the low labour price. They seek their maximum interest while destroy the environment in these area. After these multinational corporations leave, they always leave a lot of problem to the country and people who live in this country. As an organisation or a country, I think they may build some rules or legislations to standardise the commercial activities. It is easy for a country or an organisation to build rules or legislation to take all the commercial activities under their control. If a standard of commercial activities is built perfectly, a company will pay the price and lose their reputation when they against these rules. As an individual, we should deeply understand what things are right and what things are wrong and we should always do the right thing not only in commercial activities but also in all the daily activities. Individuals’ awareness of responsible commerce is the most significant thing. It is because every company, corporate, organisation is consists of every single person and all the commercial problem will be smoothly solved if the awareness of individuals’ is high enough. All of these are my understanding of responsible commerce before I learn this subject and these are only a superficial discussion. However, in the process of learning about responsible commerce, I know that responsible commerce is not a concept which is only about responsibility and it contains a lot of theories. Firstly, a responsible commerce must stand the test of ethic and moral rules. Business ethic requires us to ask some questions before we start to do commercial activities, such as what are our goals and what I want achieve from this activity. Responsible commerce is not only to others but also to our self. Moral rules may help us to control and standardise our activities. So that business ethic and moral rules can help to know what activities good or bad. In other words, responsible commerce is a responsibility which may help us to seek our own interests by using a right way. Secondly, responsible commerce requires us to balance the profits of different aspect. According to case 2.2, In order to avoid the high compensation, Union Carbide Corporation conceal the truth about the number of people killed in this accident and argue that the case should be heard in India. In this case, Union Carbide Corporation only takes responsibility for their shareholders instead of the local community and their employees. Therefore, responsible commerce is a responsibility which may balance the interests of different group of people. Thirdly, Companies should return to society while they get interests from society. This is a significant way to help companies to build a long-term interests and reputation. Only those improvident leaders have just focused on the short-term interest and most of these companies cannot existed for a long time. The last one is the harmonious development of man and nature....

References: ‘BP Oil Spill - Not Over Yet’ 2010, Oil Spill Intelligence Report, vol.33, pp 1-3.
John 2011, Counting the cost of the BP disaster one year on, accessed 20/4/2011, http://www.bbc.co.uk/news/business
Terry 2012, US law firm urges pension funds to file Deepwater claims against BP, accessed 6/5/2012, http://www.guardian.co.uk
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