Argument Essay Example | Topics and Well Written Essays - 250 words - 5

Argument - Essay Example Virtue ethics states that we should be good for the sake of being good which could sometimes be impractical in modern world because others would tend to take advantage if we are too good all the time. Utilitarianism will balance it because utilitarian ethics seeks to practice ethics only when it is beneficial. Utilitarianism left on its own is also not good because it could lead to selfishness as it only concerns with itself. Being good and finding its good use will surely make a good pair of ethics. Moreover when we add deontological ethics to utilitarianism and virtue ethics we would become duty bound to follow sound ethical guidelines in our lives. Deontological ethics states that we should determine our duties and obligations and follow them. If we are able to create a set of ethics that is a combination of utilitarianism and virtue ethics, that is, good ethics that is grounded on reality, and make it a set of rules in this world, then there is a good chance that we will be following a set of ethical guidelines that is grounded on the reality of the

Strategic Management for the International Business Essay

Strategic Management for the International Business - Essay Example Global strategy can be stated as the way a particular business organisation views the global marketplace. The success or failure of global strategy depends on various interrelated factors. The factors include activities like sourcing, research and development, marketing and manufacturing, etc. All this factors are now incorporated in a global organisation strategy direction. In the present business context, every organisation tries to be responsive to the local market condition. Their strategies are incorporated in such a way which firstly is looking for being successful in local market then venturing in the global market. The Coca Cola’s strategy can be stated as an example in this case. The business organisations at present follow the motto of â€Å"Think global but act local† (Zou & Cavusgil, 1995). Global competition has increased the competitive edge in every strategic decision that a company takes in any organisation. Global competition is a phenomenon which occurs when various companies’ cross-subsidies market share on a national level and then it battles for being successful as a global brand and also acquiring global distribution positions. Global business looks towards acquiring economies of scale and cost efficiency in their business by venturing outside of their homeland. As a global company, an organisation tries to acquire international retaliation, world scale volume and also enabling cross-subsidisation. Global companies try to establish their strategies by fixing their locus of responsibilities mainly away from the country organisation (Hamel & Prahlad, 1985). Global market and corresponding strategic decisions are the main focus areas of any business organisation in the present scenario. This has brought in a new phenomenon called global markets which is made especially for standardised consumer