Why the surplus electronics items of United States are accepted by India and China

Business Ethics

 

Why the surplus electronics items of United States are accepted by India and China

Case Studies

CASE STUDY (20 Marks)

Scientists have created Britain’s first ‘virgin conception’ embryos using a technique that could yield a new source of stem cells, sparking a new ethical row. They were made without using sperm or any outside genetic material – making the clones of the women

who donated the eggs involved. The news, from the centre that cloned Dolly the sheep, came just a day after Newcastle scientists who won the go ahead to create a human embryo with two genetic mothers. It raises the concern that the same technique could be

used to produce a cloned baby. The team took eggs donated by women undergoing sterilization and stimulated them to start dividing, as if they had been fertilized. Some grew into embryos created without any addition of new genetic material, either from male sperm or a clone donor. Each embryo only contained about 50 cells which could never be used to make a baby. But scientists hope that in future, embryos made by the process – known as parthenogenesis – may be minded for valuable stem cells. Those taken from early embryos have the potential to become any part of the body, from bones to brains. Scientists hope in future they will form the basis of revolutionary new treatments for conditions such as Parkinson’s disease, diabetes, and failing hearts. Dr.Paul de Sousa, who is leading the research, told the BA Festival of Science at Trinity College, Dublin: “At the moment, we have not managed to get stem cells from these embryos, and that continues to be our ambition.” He said the embryos would never be implanted into anyone’s womb. “We have consent for research purpose only.” Parthenogenesis has been suggested as a more ethically acceptable way of harvesting embryonic stem cells.

Answer the following question.

 

Q1. Discuss the ethical row w.r.t. the facts reported above

 

Q2. Was the ethical row justified in your opinion? Justify your reply.

CASE STUDY (20 Marks)

San Francisco: Waste from computers, televisions and other devises used in the United States is polluting environment and exposing workers to toxic chemicals in region of India and China where discarded electronics are dismantled, a study released on Wednesday said. Researchers detected high levels of toxic metals in more than 70 samples collected in March from industrial waste, river sediment, soil and groundwater around the southern Chinese City of Guiyu and the suburbs of New Delhi, according to the report by Greenpeace International. Dust from dismantling workshops contained the highest level of contaminants. “The extent of the contamination is even worse than we had feared. The levels analyzed are really scary and very concerning,” said Ted Smith, the founder of the Silicon Valley Toxics Coalition who chairs the computer Take Back Campaign, which promotes electronics recycling. Most of the electronics collected in the United States for recycling are supplied to China, India and other Asian countries where worker protection and environmental safety standards are weak, Smith said. The researchers chose to collect samples from the Mayapuri and Burari areas of New Delhi because the two regions are known to dismantle discarded American electronics to recover valuable metals such s gold, platinum and silver. The samples collected from those areas contained elevated levels of heavy metals including lead, tin, copper, cadmium and antimony.

Answer the following question.

 

Q1. Give your viewpoints on the above case.

 

Q2. Why the surplus electronics items of United States are accepted by India and China? Explain in detail.

CASE STUDY (20 Marks)

As per a judicial order, a minister was ordered to pay a fine of Rs. 15 lakhs for allotting 15 petrol pumps, while another minister wasfined Rs. 60 lakhs for causing a loss to the exchequer by allotting 52 shops or kiosks to some favorites.

Answer the following question.

 

Q1. What exactly are the improper actions that you consider unethical?

 

Q2. Judicial orders in the interests of the nation are a must. Discuss this statement.

CASE STUDY (20 Marks)

What’s on the minds of the people serving on boards or hoping to be? What can be learned about corporate governance trends by knowing the answer? What do the issues business executives are wrestling with add to the picture? Santa Clara University’sMarkkula Center for Applied Ethics provides quarterly programming for Silicon Valley business executives through its Business Ethics Partnership. Stanford University’s Rock Center for Corporate Governance provides annual programming for board directors and others aiming to explore corporate governance hot topics. The Silicon Valley Director’s Exchange, affiliated with the Rock Center, provides monthly programming on similar topics. I serve on the board of SVDx, staff the Markkula Center’s Business Ethics Program and attended the recent Rock Center Director’s College at Stanford. Listening is perhaps an underrated activity, but opportunities to do so at these programs in the first six months of 2015 reveal these trends worth watching for the remainder of the year and into 2016. They also helped to illustrate the shifts in corporate governance trends over the past decade. The pendulum is swinging back from concern solely with shareholders to a broader set of stakeholders, from the vantage point of the corporate boardroom, based on comments across a variety of topical discussions and panels. Board directors and governance scholars readily accept a board’s role in protecting the interest of shareholders but can also now draw links to shareholder interests from the interests of other constituents, such as employees or the environment, when considering the impact of climate change. The introduction of KKR’s Green Portfolio, in partnership with the Environmental Defense Fund in 2007, is one example of direct ways environmental impact is being accounted for in business, but it is not the only way. Board directors are fully engaged on the impact to a company’s long term value not only of measures taken to ensure the company’s sustainability, but the planet’s as well. Thoughtful exchanges in discussions about public relations, mergers and acquisitions, and climate risk and opportunity as a disruptor suggest that directors

accept that corporations need to account for broader interests because these interests do have an impact on shareholder value. Additionally, demographic trends, like the increase of millennial in the workforce, introduce a need to consider what those workers

are seeking in their relationship with employers. Diversity of perspective has long been supported in research and practice as a goal boards should pursue when assembling participants. Corporations are experiencing greater vulnerability to activist shareholders if an investor’s point of view is not represented on the board in the current environment. The rise of LBOs and the reality that many activists are larger corporations than the ones they target highlight a balancing act being played out in boardrooms: acknowledge

more stakeholders as their interests affect share price over time but be sure current shareholders feel first among equals. At a minimum, add active investors to the matrix of skills to consider when seating an effective corporate board.

 

Answer the following question.

 

Q1. Give an overview of the case.

 

Q2. “Active investors are required to the matrix of skills to consider when seating an effective corporate board.” Discuss.

 

Why the surplus electronics items of United States are accepted by India and China

 

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