Wednesday, February 15, 2006
Selfishness Has Its Value to the Economy by By Peter Brown
Talking about buying a product or a service from companies that are having some issues regarding employees' compensation or hourly rates is controversial. For the article I am referring two, two issues have been addresses.
Here, we have to draw a distinction between buying from a discount store and buying from a company that has a bad reputation. Well, for the first case, buying from discount stores, like Wal-Mart, or Kmart or any other discounts stores is something normal. Having said that, we have to admit a fact that is normal and human nature tend to do; which is the natural tendency of people to bargain or to negotiate prices. Thus, one should not get confused when some people carry on a boycotting manner to buy from a company with bad reputation and simultaneously show a tendency to buy the product of that company. Humans, in general, try to buy products and services with the least price paid possible. This is something we, almost, all agree on.
Regarding the Wal-Mart's way of operating the business, according to the article, "is meeting resistance from the coalition of labor, civil rights and community groups that have declared it to be their corporate enemy No. 1." Having said that, this behavior is very dangerous and may drive the organization to strikes, or any negative actions, unless Wal-Mart responds and takes an action. It’s the strategy that should be altered in order to suit for the majority's interests and also with accordance to what is legal and possible and what is not. The political parties within the US' government may interfere, which will not enable the organization to be any better off.
Talking about selfishness is something that differs from society to another. Some of them are socialists; favoring the group work and the good of the majority, which is totally not the case in the USA, in China, Cuba and Russia, rather. And others are Pragmatic, caring much more about time, work and performance, also, with less care and concern to others. This pragmatic view is something natural for big and more advanced societies like the US and other European countries like UK and France, but in a much less scope. In fact, being selfish means different things when we talk about it across-cultures.
AUS- SBM
MGT- 406 – Section 1
Humaid Al-Shamsi
ID # 2987
Here, we have to draw a distinction between buying from a discount store and buying from a company that has a bad reputation. Well, for the first case, buying from discount stores, like Wal-Mart, or Kmart or any other discounts stores is something normal. Having said that, we have to admit a fact that is normal and human nature tend to do; which is the natural tendency of people to bargain or to negotiate prices. Thus, one should not get confused when some people carry on a boycotting manner to buy from a company with bad reputation and simultaneously show a tendency to buy the product of that company. Humans, in general, try to buy products and services with the least price paid possible. This is something we, almost, all agree on.
Regarding the Wal-Mart's way of operating the business, according to the article, "is meeting resistance from the coalition of labor, civil rights and community groups that have declared it to be their corporate enemy No. 1." Having said that, this behavior is very dangerous and may drive the organization to strikes, or any negative actions, unless Wal-Mart responds and takes an action. It’s the strategy that should be altered in order to suit for the majority's interests and also with accordance to what is legal and possible and what is not. The political parties within the US' government may interfere, which will not enable the organization to be any better off.
Talking about selfishness is something that differs from society to another. Some of them are socialists; favoring the group work and the good of the majority, which is totally not the case in the USA, in China, Cuba and Russia, rather. And others are Pragmatic, caring much more about time, work and performance, also, with less care and concern to others. This pragmatic view is something natural for big and more advanced societies like the US and other European countries like UK and France, but in a much less scope. In fact, being selfish means different things when we talk about it across-cultures.
AUS- SBM
MGT- 406 – Section 1
Humaid Al-Shamsi
ID # 2987
# posted by Humaid @ 10:36 PM 
