Sample Informative Essay on Ethics in Operations Management

Operations management is a business management branch in charge of controlling and designing the production process, as well as redesigning business operations when producing services or goods. In this domain, ethics matter a lot because they satisfy basic human needs while boosting credibility. Generally defined as environmental, social and communal responsibilities of business pros, ethics in the business environmental, particularly in operations management, requires managers to think outside the box when making decisions. Companies of all sizes and shapes have incorporated and developed a lot of codes of conduct and systems to help them cope with ethical issues and be able to make more reasonable decisions. When it comes to making decisions, operations management is crucial because we’re talking about an activity with flowing resources within a properly defined system. These resources are combined and transformed in a way that they can add value. Operations managers make use of their knowledge, materials available (resources) and capabilities to maneuver materials properly in order to attain an output of a desired product quantity and quality. This is where ethics come in. Sadly, not all managers are responsible individuals, and some don’t have a problem with consuming drugs or alcohol at work. This often leads to poor judgment, thus affecting the whole production, including the employees handling that production. Operations managers deal with all kinds of ethic matters when making decisions. Their decision making are based on several very important factors such as magnitude of consequence, social agreement, effect probability, time interval, concentration of effect, and proximity. For example, founder of RTI (Rumarson Technology Inc), Paul Baum, makes computer recycling a company mission. RTI acquires, refurbishes and distributes computer equipment from inventory buyout programs or trade ins. Basically, the company buys used computers and reinstates them; then it sells them as â€Å"nused† PCs with a 25-40% warrantee. RTI donates computers that are not bought by anybody and recycles them, thus helping the environment. They’re well-aware that computers have more toxins than oil spills, which basically says that they’re acting ethical and that they care for their customers. But what happens when a company acts unethical? In operations management, it can be devastating. For example, Sanyo Electric Corporation shipped over 200,000 defective laptop batteries. Designed together with the giant Lenovo (but solely tested by Lenovo), customers complained that the batteries overheat; some even sparked and one laptop in particular caught fire. Following this incident, the company had to recall the batteries, costing Sanyo a fortune. But then again, money is not everything in business. Sanyo also lost its reputation and the company’s stocks dropped significantly. If the manufacturers had admitted to the error from the very beginning, none of this would have happened. Due to the unethical behavior of the operations management department, the entire company had to suffer. Many companies today adhere to environmentally-friendly strategies in order to minimize negative outcomes and help the environment. This approach is the perfect proof of good ethics in operations management. For a business to be included in the sustainable branch – and feel that it’s making a difference it must be transparent from all points of view. Believe it or not, a sustainable set of business practices has a great impact on the relationship of an organization with its employees, investors and customers. References Kaplan, K. The cutting edge: computing/technology/innovation.1995. latimes.com Code of Ethics and Standards of Professional Conduct. cfainstitute.org Rudnika. EA. Ethics in operations management course. 2005. nih.org Dellinger AJ. Toshiba recalls 200,000 laptop batteries. 2016. dailydot.com Bradley J. Challenges that face operations managers. chron.com What is operations management? mitsloan.edu The Open University. Understanding operations management course. 2016. open.edu

Essay Smoking Cigarettes - 538 Words

Smoking Cigarettes In todays society, three out of five Americans are addicted to smoking cigarettes. In other words, every individual in America is either a smoker or has a friend or relative who smokes. The tobacco industry is one of Americas largest growing industries. There are many smokers and non-smokers in the world and just the same there are many differences and similarities between the two. From being treated different publicly to being looked at differently in terms of health, both smokers and non-smokers have their pros and cons. Just as smokers attend social events so do non-smokers. A few examples of the social events attended are: bars, clubs, concerts, restaurants, bowling alleys,†¦show more content†¦Both smokers and non-smokers see this as difficult. For instance, if you had to attend a meeting for work at a restaurant. You might end up as a non-smoker sitting next to someone puffing away or feeling uncomfortable as a smoker sitting next to someone who condemns cigarette smoke. Even though both are at a disadvantage some smokers feel as if they are being punished by having to sit on opposite sides of the building. In comparison, both smokers and non-smokers have to deal with stress. While living in this money-crazed and fast paced society, we will all get stressed out at one point. A full-blown smoker must deal with the stress of addiction. Addiction comes with an array of problems such as: money, health, family, etc†¦ A non-smoker living with a smoker also has to deal with these problems. Whether it is that they are worried about the health of the individual or worried about the individual (Non-smokers Behavior) 3rd Subject (Non-smokers Behavior) (Smokers Behavior) spending too much money buying cigarettes. Unlike smokers, non-smokers do not stress out about situations such as not getting a smoke break at work, how many cigarettes they have left, or why cigarette prices have sky-rocketed. Non-smokers also do not have to deal with the burden of quitting. In the same way, both smokers and non-smokers have to deal with health problems due to cigarette smoke. Second hand smokeShow MoreRelatedThe Smoking Of Cigarette Smoking855 Words   |  4 Pageschild as well. What a mother ingests is what her growing fetus ingests through her umbilical cord; the life line from the mother to the precious innocent life she holds so dear. The goal of this paper is to give some insight on the use of cigarette smoking in pregnancy. Let’s begin with a short history of what was previously called Nicotiana. Today it is known to humans as Tobacco. Tobacco has been in existence prior to Pre-Columbian America (900 – 1500) when it was first discovered as an herbRead MoreSmoking Cigarettes791 Words   |  4 PagesWhy Smoking Cigarettes Should be Illegal Smoking cigarettes should be illegal due to the vast amount of annual deaths it causes. Smoking produces 10 times the amount of pollution that a diesel car exhaust would. This shows that not only are humans and animals affected by smoking, our environment is greatly damaged by the amount of pollution smoking creates. Smoking is something that people usually get addicted to, like a drug.This drug can cause many diseases such as lung cancer. Not only can itRead MoreThe Dangers Of Cigarette Smoking Essay1669 Words   |  7 Pages People smoke cigarettes for various reasons. Some smoke only when they are drinking alcohol and others smoke regularly. The level of smoking among the regular smokers varies from individual to individual. There are those who smoke a cigarette or two during the day and their others who smoke at least a pack a day. How people start to smoke varies. The main entry point however is peer pressure. Many smokers came to be introduced to the habit at a young age in either high school or in college or toRead MoreElectronic Cigarettes And Cigarette Smoking774 Words   |  4 PagesTobacco cigarette smoking includes various physical associations such as hand and mouth motions, suckling, and taking cigarette breaks (Oh Kacker, 2014). According to Patrounova, 2015, in comparison to other forms of nicotine replacement therapies, Electronic cigarettes satisfy smokers’ needs to fulfill certain smoking rituals. Electronic cigarettes may be able to quench certain urges and cravings due to its design, which can also assist in fulfilling the habitual dependence of smokers (PatrounovaRead MoreThe Dangers Of Smoking Cigarette Smoking Essay1627 Words   |  7 Pagesbecome popular around the globe, such as cigarette, cigar, e-cigarette, and chewing tobacco. The origin of the tobacco plant was in North and South America where the American Indian utilized tobacco for religious and medical purposes. Later on, many forms of tobacco have been created and harmful substances have been integrated in. After world war 1, the use of cigarette became significantly notorious. Several decades later in 1964, the hazards of smoking cigarette became known to the public (Boston universityRead MoreThe Death Of Cigarette Smoking Essay2110 Words   |  9 Pagespreventable cause of death and disease in the United States of America is Cigarette smoking. In America yearly, more than 480,000 deaths occur due to cigarette smoking; within those numbers more than 41,000 deaths are due to inhalation of second hand smoke. As we progress and advertisement for the serious complications of cigarette smoking continues to increase our world begins to show a decline in the amount of cigarette smokers. The Center for Disease Control and Prevention states that there hasRead MoreSmoking Vs Cigarette Smoking1802 Words   |  8 PagesSmoker vs. Non-Smoker: Evaluating The Effects of Cigarette Smoking Cigarette smoking is the leading preventable cause of death in the U.S. The use of tobacco products such as cigars, pipes, hookahs, bidis, and kreteks have proven to develop various health effects. It has been linked to the following medical conditions: †¢ Aortic aneurysms †¢ bronchitis †¢ cancer of the lip or mouth †¢ cancer of the stomach †¢ cancer of the urinary bladder †¢ cervical cancer †¢ emphysema †¢ esophagus (food pipe) †¢ heartRead MoreThe Dangers of Cigarette Smoking1040 Words   |  5 PagesCigarette smoking is a dangerous habit that most users regret starting on. Nowadays, smoking can cause health problems for any human. Whether or not cigarette smoking should be banned completely, has become an object of controversy in many countries. Some people think that smoking cigarettes are a helpful way to reduce stress for the moment. In my point of view, tobacco smoking has seriously negative effects such as smoking-related cardiovascular diseases, respiratory diseases, cancer and it costsRead MoreThe Dangers Of Smoking Cigarettes786 Words   |  4 PagesDangers of Smoking Cigarettes are everywhere. They’re sold in almost every gas station, pharmaceutical store, and even ordinary grocery stores in the United States. Cigarettes have endorsements from celebrities, big tobacco companies, advertised on billboards, and through commercials. Smoking is a problem because it causes diseases which cost billions of dollars a year in healthcare. It is also the leading cause of diseases and deaths in the US. Smoking cigarettes is an unhealthy habit that unfortunelyRead MoreEssay On Cigarette Smoking1268 Words   |  6 PagesCigarette smoking is something people all over the world have been doing for about 2000 years. Back in 2003, the first electronic cigarette was successfully created by a gentleman named Hon Lik. Lik was a 52 year old pharmacist at the time, whom of which was also a smoker. The inspiration behind making the electronic cigarette came after Lik’s father passed away from lung cancer due to him also being a heavy smoker. â€Å"A Hist orical Timeline of Electronic Cigarettes.† cassia.org. Consumer Advocates

Mfn Status to India Free Essays

string(144) " has never really hurt any country and all the benefits from recent experience in the European Union, Asian etc, are there for everyone to see\." MFN to India– The Pakistani Perspective Research Paper 2012 Zoya Mohsin Awan BBA2K9(s) 4/24/2012 Hatred, enmity, war; a few of the many things we associate with our neighboring country India. 1965, 1975 and the Kargil War of 1999; with Kashmir already a bone of contention, Pakistan has skipped loops by merely bringing thought of granting Most Favored Nation Status to India on the discussion table. Since WTO’s Charter requires every signatory to grant MFN status to other WTO members, there aren’t many if’s and but’s to ponder. We will write a custom essay sample on Mfn Status to India or any similar topic only for you Order Now What really is open for debate is whether we want to swallow the pill now, on our terms, or later when it might be forced down our throats on somebody else’s terms (India still hasn’t taken the violation of this basic principle to WTO). No matter which stance we chose, one thing is certain; this is the deal which defines the future course of Pakistan. And this is the deal which might be our chance of actually becoming what we have the potential to become – ‘Pakistan’. Introduction: Pakistan and India have been under the lime-light ever since the partition of the sub-continent. During the 1960’s, Pakistan was labeled the ‘Asian tiger’ while India the ‘Basket Case’. Today however, the roles have been reversed. Through-out this period, the Indo-Pak trade kept showing a varied trend to the negative side as shown by the figure below: The volume of trade has remained low generally. MFN works towards the liberalization of trade which not only would give a forward momentum to the integration of both countries economically, but would also enhance their image on the international platform. Cheaper cost of production, exchange of skilled labor, education influx and the interest of the US and European economy into this region would help give the once coveted status of South Asia, back to the forces who originated it. Hence, a carefully reconciled MFN status should be granted to India in order to achieve the long-term prosperity of our country. The Economic Perspective: After going through a large array of material debating this issue, two schools of thoughts generally emerge; the protagonists, who support the idea of non-discriminatory trade between both countries. And the antagonists, who believe such a measure, would only harm the economy by letting free-flow of cheaper Indian goods into the Pakistani market and well, narrow our options down on the Kashmir issue. The former debates, that by doing so not only do we get access to a potential market which is 8 to 9 times greater than ours, but it also gives us a dependable foundation of mutual dependence to minimize the security concerns across the border. India is swooping rooks and pawns off the economic chess board towards becoming the third biggest economy of the world, before it leads us up to a stalemate, this situation could be put to advantage for both countries. After all, India cannot keep prospering in a sustained manner if it neighbored by a nation terrorized by political and economic destabilization. So it would be an opportune time for Pakistan to bask in India’s glory. Practically speaking, this is the only way we could work towards a productive political debate for both the countries especially since the environmental strain after Mumbai attacks of 2008. After all, a long-standing peace arrangement can only nurture, if it contains within the deeply ingrained seed of mutual benefit. On the other hand, the antagonists argument that this ‘free-trade’ would open the floodgates to cheaper Indian products which in turn could harm Pakistan’s economy majorly. However, this could be a positive impact upon the Pakistani consumer since they gain access to imported Indian goods at a lower price. We also have Taiwan, Hong Kong and even China who are on our MFN list and have bombarded us with fierce competition in the past. Yet if our industries did not cave in to them and withheld own-selves then why fear India? Besides, if the Pakistani market demands a particular good from India, MFN status or not, it would be smuggled cross border anyway so why not legalize it to perk our own interests. Take the example of the Indian Cinema, years and years of culture seeped through the media towards us, while the Wagha Border remained bolted shut. The only issue here is, the Pakistani tax-payer is paying far more than it usually would have due to the added layers of cost of go-between trade via Dubai. Conversely, this news has drawn a mixed reaction from all the quarters of the business community. Some, like the auto-parts, pharmaceuticals and consumer goods industries, face hard-hitting competition. They fear that India is yielding better quality goods at a lower cost of production due to the economies of scale. On the other hand, industries like textile, entertainment and agriculture are in favor of granting the Most Favored Nation status to India. These industries argue that trade estimated trade of almost $13 billion with India is being carried out illegally via cross-border smuggling and personal baggage. Also, indirect trade of an approximate worth of aroung $3-4 billion via third parties like UAE, Afghanistan, and Bangladesh is costing us a higher mark-up since the intermediary adds up their cost as well. So it is better to legitimize this ongoing process and reap some probable gain out of this situation. In support of this argument, I quote the former Finance Minister of Pakistan and Vice President of the World Bank, Shahid Javed Burki: what economics told us is that when trade between a huge and small economy started, smaller economy always benefited from that and what I believe that at macro level Pakistan would benefit, especially in industrial and agricultural sectors. Some sectors might get hurt, but not much as feared. † Published in The Express Tribune, April 3rd, 2012. Free-trade spurs competitiveness which would encourage our local industries to raise their standards and produce quality goods. It has never really hurt any country and all the benefits from recent experience in the European Union, Asian etc, are there for everyone to see. You read "Mfn Status to India" in category "Essay examples" It would in fact take a page from the book of John Locke by helping us attain a common ground of mutual-coexistence and economic interdependence to rely upon. The Regional Perspective: South East Asia by abroad-spectrum consensus is the least integrated of regions economically due to the disparity and animosity between Pakistan and India. Regional cooperation is must to attract heavy investment in today’s globalised world. Diminutive and splintered markets do not attract endowment by substantial investors. The European Union may be struggling to save the euro but one of Europe’s most significant successes is the creation of the frontier-free single market where goods, services and people can circulate untrammeled by border restrictions. Similarly, Association of South East Asian Markets (ASEAN) is working towards building a common market for the whole region by following the European Union’s lead. It is high time India and Pakistan set aside their differences (or at least take small steps towards resolving them) for the overall welfare of the whole region. If we create an economic bloc like the sorts of EU or Middle-East, it would ensure a better bargaining position vis-a-vis other countries. Within the protective walls of regional economies, both countries would achieve specialization in various sub-sectors of the industry. Moreover, the strengthening of bilateral trade would provide a mutual cushion against financial or stock market shocks. With these two countries forging into one economic power, all of South Asia could become a better place monetarily. Another aspect of the MFN status would be to increase the ‘connectivity with central Asia’. If Indian goods are permitted to transit through Pakistan, then the whole region will benefit. For illustration, the Indian state of Punjab is several thousand kilometers away from the seaports, but the farmers there and in the nearby states would be able to send their agricultural products to Central Asia if these are allowed freely through Pakistan. Same goes for Indian textiles and all the landlocked states which would be facilitated by their proximity to the Pakistani ports. The advent of MFN status will also help complete the implementation of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline, as a new environment of trust and cooperation prevails. Even more significantly, natural gas via pipeline will provide the Indian and energy deprived Pakistani industry with a massive boost in sectors ranging from petrochemicals to fertilizers; electric power production will increase dramatically’ and a myriad of new commercial uses will be supported. In return Pakistan could profit from the easy transit fee that it would receive as a royalty and it would only be possible if MFN status is rendered to India. Social Perspective: Trade is one social mobilizer which would generate benefits for both countries as well as their people. Talking about Pakistan singularly, 61. 3% of the people (according to the HDI reports) in Pakistan live below the poverty line. With a 15. 4% unemployment rate, Pakistan should not forego any opportunity that provides job opportunities to its masses. Poverty is but a challenge that can be overcome by pursuing ‘sustained pro-poor’ policies. One such policy is the granting of MFN status to India and lifting the trade barriers across border. India is a huge market and would provide a smaller country like Pakistan with access to a greater market and increase the demand for their product. This in turn would hoist the output and employment levels in both countries. Secondly, Since India shares a border with us, the freight cost and ease of access would increase the flow of a diverse product base at a lower cost, saving our country’s foreign exchange substantially. Pakistan could have entree to quality products in sectors like IT, electronics, transport gear etc. Thirdly, this legitimization might curb social atrocities like smuggling and illicit trade. This would increase the government revenue for Pakistan since all the goods would be traded under their accord. Another faucet where India surpasses many others in this region is its IT infrastructure. India is expected to contain the next Silicon Valley of the century considering its growth in the IT sector. Pakistan could benefit immensely from the inflow of this technology while India could gain advantage by the progress Pakistan has made in its agriculture and industry. Both countries could complement each other’s needs and strengths and hence prove beneficial to their people. The Cultural Perspective: With the advent of the prospect of MFN policy, both countries have started aiming towards more amiable business conditions hence easier visa-processing procedures have been bought on the discussion table since November 14, 2011. This would invigorate the static tourism industry between both countries. Both have many historical and religious places significant to the other. This would not only generate additional foreign exchange revenue, it would also help increase the people-to-people contact between both countries. Eventually, once the masses start interacting, peace would follow automatically between both regions. Generally, the relations between once brethren Pakistani and Indians are cordial and friendly. A common example would be how well Pakistani’s and Indian’s gel when they’re living abroad, out of the influence of their respectively acrid media’s. Delegations of trade bodies, academics, artists, sportsmen, social scientists and media personnel could be exchanged. This would invoke the once unbreakable cultural bond between both nations considering how much value we place upon common games like cricket and hockey. Threats and Concerns: Although the benefits of granting the inevitable MFN status to India are tremendous, every step Pakistan takes should be guarded and well-thought of. There is no harm in protecting one’s own-self against any potential threats that might occur due to any hasty move we make, after all there are years of enmity that we need to overcome before taking huge steps. Firstly, WTO provisions allow members to impose safeguards restricting imports (for temporary periods) should such imports unfairly or seriously injure domestic producers. Pakistan should rightfully use this clause in case Indian goods start flooding the Pakistani market and ruin local producers. After all, trade should be liberalized but not at the cost of local industries. The second issue that should be considered is that India, despite its liberalization of trade to Pakistan in 1993, is still a restricting domain to us due to high tariff and non-tariff barriers. Prohibitive NTB’s have made our exports to India highly expensive while the trade deficit tilts highly towards Pakistan. We should bring this issue on the WTO summits and appeal to India to either reduce these NTB’s and other trade restricting clauses or grant a similar status quo to India. Pakistan’s business community generally has reservations because it does not have competitive pricing in many industries and goods. The automotive and pharmaceutical industries are prime examples of apprehension at granting India access to our market. In order to maintain local stabilization, we need to have all stakeholders to this situation aboard before we chalk out any definitive plan. Concessions should be granted to concerned parties for instance, the automobile industry should be assured that auto-parts would be imported instead of wholly assembled cars. Unbridled, unmanaged and uncontrolled liberalization of trade would lead to chaos in any economy huge or small. Or policies could be formulated in such a way that they would be strict at first (as India’s’ have been since 1993) and then slowly tighten the nose and India shows signs of economic conciliation. Conclusion: In retrospect, is it really possible for Pakistan to identify India with bilateral economic prosperity, cross-border trade of culture, and easier visa transit? Political differences between India and Pakistan aside, there is no harm in trading with each other. Our leaders must take into consideration long-term benefits. India has a much better managed economy, but it cannot afford openness. On the other hand, Pakistan’s economy is not so closed, and it could take advantage in this regard. Pakistan, like other developing countries, has strong interest in the maintenance and strengthening of the multilateral rules-based trading system represented by the WTO. The current situation in South Asia indicates that there are large unexploited opportunities for intra-regional trade that could be mutually beneficial. Diplomatic efforts towards this objective — however utopian, is well perceived to be the beginning of soft-ties between both countries. After all, it is said that where diplomacy ends the potential for war begins to take shape. Bibliography 1) Beteille, T. (2011). Pakistan’s Most Favored Nation Status to India: A Win-Win for the Region? blogs. worldbank. org . 2) Brown, C. (2006). The Implications of Liberalization of Trade with India. 3) Dr Monnoo, Kamal (2012). MFN status to India – An analysis! www. nation. com. pk. 4) Gupta, Sorojit. (2012). Pakistan to grant MFN status to India this year. www. timesofindia. com. 5) Dawn Newspaper and Articles. ——————————————– [ 1 ]. http://www. ishtiaqahmad. com/item_display. aspx? isting_id=725listing_type=1 [ 2 ]. http://blogs. worldbank. org/endpovertyinsouthasia/pakistan%E2%80%99s-most-favored-nation-status-india-win-win-region [ 3 ]. http://www. eastasiaforum. org/2011/12/03/what-the-most-favoured-nation-decision-means-for-india-and-pakistan/ [ 4 ]. http://www. himalmag. com/component/content/article/3644-magic-pipes. html [ 5 ]. http://nayyab. wo rdpress. com/2010/05/08/rising-unemployment-in-pakistan/ [ 6 ]. http://www. aninews. in/newsdetail2/story22210/india-welcomes-trade-ties-with-pak-eyes-mfn-visa-easing-process. html How to cite Mfn Status to India, Essay examples