Research Paper Essay Example | Topics and Well Written Essays - 1500 words - 3

Research Paper - Essay Example I was interested in knowing the progress China is making that could see it become a super power nation and the reasons that were behind its progress. It was due to this reason that I carried out the internet research to get more detailed information on China’s economy and its rise that could see it become one of the super power nations. I carried out some research on the internet using Google as my search engine. I also followed the United States news about the implication of the coming power shifts and how they could have impacts on the U.S policy. During my extensive reading through the various articles and web pages, I found some names and phone numbers and so I contacted those leads in order to gather more information on the topic. The National Intelligence Council argues that by 2030 the global balance of power will shift significantly. China will likely become the largest economy in the world. In terms of military spending, Gross Domestic Product, population size and tec hnological investment, Asia will surpass Europe and North America. The United States is expected to become first among equals rather than a superpower nation due to the coming diffusion of powers. ... The initiation of this economic reform has made china become one of the world’s fastest growing economies. The rise of China economies has surprised many people and its progress seems even more praiseworthy. The article by Professor James states that the rise of modern China to become the second largest economy in the world has become possible due to the success of the Chinese communist revolution during the mid-20th century. The invading Japanese imperial army was defeated by the People’s Liberation Army. They also defeated the US imperialist-back comprador led Kuomintang â€Å"Nationalist† army. The reunification of China as an independent sovereign state was made possible as a result. The extraterritorial privileges of the Western imperialist were abolished by the Communist government. This resulted in territorial freedoms of the regional warlords and the gangsters driving away women and drug traffickers as well those who were providing services to Euro-Americ an Empire. Economic reform on a large scale in a country as large as china was seen to be impossible. However, China has been incrementally transformed into a market economy from a control. This has been made possible due to Deng and his reform coalition. Due to the continued rise of economic aspects of China it is soon becoming a superpower nation. Due to various measures taken by the government of China, its economy has greatly risen. Colin Carter explains that today China produces 18% of the world cereal grains, fifty percent of the world’s vegetables and twenty nine percent of the world’s meat. This has made China one of the world’s largest agricultural economy and it has been ranked as the largest producer of wheat, cotton, rice, tea and

CSR & Ethical Practice Essay Example | Topics and Well Written Essays - 1000 words

CSR & Ethical Practice - Essay Example One advantage of business ethics is that it helps an organisation to achieve competitive advantage (Shaw, Barry, & Panagiotou, 2010). A company that engages in ethically sound business practices improves customer loyalty and trust. In this case, the consumers become loyal to the brand even if the company is facing difficult financial times. Therefore, companies will always set their ethical standards depending on organizational values. In the long run, consumer confidence increases with ethical responsibility. According to Carroll (2013), the underlying assumption is that business ethics benefits the society since it is the main basis for social responsibility among organisations. On the other hand, business ethics leads to more accountability and integrity in the organisation. The implication is that sound business ethics obligate company employees to become more responsible in certain operations like financial reporting (Choi, & Pae, 2011). Another remarkable strength of business ethics is that it makes organisations realise that their success is more than profitability (Carroll, 2013). Some of the models of business reporting like the triple bottom line approach came up as a result of business ethics and corporate social responsibility. In this case, companies focus their reporting on people, planet, and profit (Slaper, & Hall, 2011). Therefore, ethically companies have the obligation to report their financial performance, environmental as well as social performance. The triple bottom line approach recommends that company survival depends on their ability to make profits, encourage sustainable and ethical business conducts (Henriques, & Richardson, 2013). The underlying assumption is that business ethics is a prerequisite for sustaining an investment. Consumers have confidence on the company that protect environment and contribute to the well-being of the society (Choi, & Pae, 2011). On the contrary, business ethics has a negative effect