Mitsubishi Motors Corporation CSR policies analysis

Company background Mitsubishi Motors Corporation is the sixth largest automobile maker in Japan; it was founded in 1970 and is ranked 17th in the world motor vehicle industry by production (Mitsubishi Corporate website). The company has recognized the need to have good governance and good relations with stakeholder and the public.Advertising We will write a custom essay sample on Mitsubishi Motors Corporation CSR policies analysis specifically for you for only $16.05 $11/page Learn More Mitsubishi is respected for its strong corporate social responsibilities (CSR) policies and have the aim of building a prosperous and sustainable relationship with society. This paper gives an account of the CSR policies the company espouses. Detail s of CSR policies of a Mitsubishi The company established a full office to deal with corporate citizenship in April 2004; the office is called Corporate Citizenship Promotion Office: the office was given the mandate of enactin g policies that the internal business a chance to improve its processes so as it reduces any adverse effect on the people. The office operates under an acronym called STEP, which means S: Support for the next generation: the focus is on developing young people to improve their future T: Traffic safety: the company has traffic rules training programs where it teaches drivers, potential drivers and schoolchildren on how to be safe; in line with safety, the company makes reliable vehicles E: Environmental preservation; the company has embarked on some environmental conservation policies and activities P: Participation in local communities: the company has resources set aside to address some needs in the community like health promotions, schools buildings and stocking, promotion of games among others.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The department internal policies include: Ado pting fuel efficient production methods like use electricity instead of coal when heating, this is estimated to reduce its in factory emission by 20% A project to develop electric motor vehicles is in an advanced stage The company has embarked on improved technology on it vehicles to ensure that they are fuel efficient How are these policies enacted? The company internal department of corporate citizenship is responsible for looking at CSR policies; the section of business reports to a Business Ethics Committee, which among top management of the company also is composed of external experts in different areas like environmental conservations, ethical business and community development experts. The success of the policies are evaluated by third parties who offer the management a review of the success of the programs; third parties undertake research on the environs and advices the company on the position it holds in the community as well as how it can improve and sustain relationship with societies. Japanese environmental conservation department produces business statistics information; Mitsubishi has been honored as one of the most ethical business in the country, it is seen as a leader in sustainable business development. Past successes In October 2000, the European Union came up with recycling policies to be respected by the vehicle manufactures in the company, they were called ELV recycling policies, since then Mitsubishi Motors Europe (MME) and its subsidiaries are leaders in implementing the set strategies. According to the ELV recycling strategy, companies could only be licensed to work in the larger European country if they complied with the set levels. Before a new model is registered for sale in either United Kingdom or France, it required to have at least 95% recyclable level. In 2005, the company had targeted to reduce carbon emission from each car it produces with 20%; to reduce the emission, the company aimed at improving fuel efficiency in their cars. In line with the efficiency improving, the company targeted to have a full production of Electronic vehicles (EVs) and production of engines that can use fossil fuels; the move was thought to have a 50% reduction of emission in the company. The company has launched some EYs; currently the company is producing flexible-fuel vehicle and bio-ethanol cars, which have increased the perception that customers hold on its products.Advertising We will write a custom essay sample on Mitsubishi Motors Corporation CSR policies analysis specifically for you for only $16.05 $11/page Learn More Conservation of water is another move that the company has embarked on. According to the 2009 social corporate report, the company had managed to conserve and recycle 50% of the water it uses in its production (Mitsubishi Corporate website). The company has received a number of praises from governmental and non-governmental organization; according to US Environmental Agen cy report of 2009, the company was setting pace to environmental conservation. According to the company’s environmental report 2009, Mitsubishi has reduced its water wastage by 50%; this is through recycling and proper water use. The recycling is seen as a move to conserve the environment in line with EU environmental rules and Kyoto protocol. To address societal issues from a global angle, the company has developed EMVs (electronic motor vehicles); during a visit to the Okazaki district, corporate citizenship was praised for the efforts; it was seen as a fulfillment of Stockholm environmental conservation agreement fulfillment. Locally the company embarks on various activities they include tree-planting programs, youth education (the education is on various issues like traffic rules, environmental conservations and entrepreneurship), health camps, scholarships and waste management programs. Works Cited Mitsubishi Corporate Website. Mitsubishi Motors Corporation, 2011. Web: 3 0 Apr. 2010 This essay on Mitsubishi Motors Corporation CSR policies analysis was written and submitted by user Matthew Gross to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Why Arguments Against Free Trade Are Flawed

Why Arguments Against Free Trade Are Flawed Economists conclude, under some simple assumptions, that allowing free trade in an economy improves welfare for society overall. If free trade opens up a market to imports, then consumers benefit from the low-priced imports more than producers are hurt by them. If free trade opens up a market for exports, then producers benefit from the new place to sell more than consumers are hurt by higher prices. Nonetheless, there are a number of common arguments made against the principle of free trade. Lets go through each of them in turn and discuss their validity and applicability. The Jobs Argument One of the main arguments against free trade is that, when trade introduces lower cost international competitors, it puts domestic producers out of business. While this argument isnt technically incorrect, it is short-sighted. When looking at the free trade issue more broadly, on the other hand, it becomes clear that there are two other important considerations. First, the loss of domestic jobs is coupled with reductions in prices of goods that consumers buy, and these benefits shouldnt be ignored when weighing the tradeoffs involved in protecting domestic production versus free trade. Second, free trade not only reduces jobs in some industries, but it also creates jobs in other industries. This dynamic occurs both because there are usually industries where the domestic producers end up being exporters (which increases employment) and because the increased income held by foreigners who benefited from free trade is at least partly used to buy domestic goods, which also increases employment. The National Security Argument Another common argument against free trade is that it is risky to depend on potentially hostile countries for vital goods and services. Under this argument, certain industries should be protected in the interests of national security. While this argument is also not technically incorrect, it is often applied much more broadly than it should be in order to preserve the interests of producers and special interests at the expense of consumers. The Infant-Industry Argument In some industries, pretty significant learning curves exist such that production efficiency increases rapidly as a company stays in business longer and gets better at what it is doing. In these cases, companies often lobby for temporary protection from international competition so that they can have a chance to catch up and be competitive. Theoretically, these companies should be willing to incur short-term losses if the long-term gains are substantial enough, and thus shouldnt need assistance from the government. In some cases, however, companies are liquidity constrained enough that it cant weather the short-term losses, but, in those cases, it makes more sense for governments to provide liquidity via loans than to provide trade protection. The Strategic-Protection Argument Some proponents of trade restrictions argue that the threat of  tariffs, quotas, and the like can be used as a bargaining chip in international negotiations. In reality, this is often a risky and unproductive strategy, largely because threatening to take action that is not in a nations best interest is often viewed as a non-credible threat. The Unfair-Competition Argument People often like to point out that its not fair to allow competition from other nations because other countries dont necessarily play by the same rules, have the same costs of production, and so on. These people are correct in that its not fair, but what they dont realize is that the lack of fairness actually helps them rather than hurts them. Logically, if another country is taking actions to keep its prices low, domestic consumers benefit from the existence of low-priced imports. Granted, this competition can put some domestic producers out of business, but its important to remember that consumers benefit more than producers lose in exactly the same way as when other countries are playing fair but happen to be able to produce at lower cost anyway. In summary, the typical arguments made against free trade are generally not convincing enough to outweigh the benefits of free trade except in very particular circumstances.

Education topic in U.S. Supreme Court Essay Example | Topics and Well Written Essays - 500 words

Education topic in U.S. Supreme Court - Essay Example It was widely covered and debated because of its ridiculous name. In 2002, a student in Alaska held up the sign in question. It was quickly torn down by the school principal and the student was then punished by several days of suspension. The issue was a 1st amendment issue. Could an educator suppress students free speech? This was one of the first decisions of the Roberts Court and was closely watched as such. The judicial history of the case is as follows: The Alaskan rejected the case, but the Ninth Circuit found that the student’s first amendment rights had been violated. The phrase Bong Hits 4 Jesus was interpreted as a political expression. The Ninth Circuit distinguished political speech from a simply offensive remark, writing: â€Å"Also, it is not so easy to distinguish speech about marijuana from political speech in the context of a state where referenda regarding marijuana legalization repeatedly occur and a controversial state court decision on the topic had recently issued. The phrase ‘Bong Hits 4 Jesus’ may be funny, stupid, or insulting, depending on ones point of view, but it is not ‘plainly offensive’ in the way sexual innuendo is.† Frederick v. Morse, 439 F.3d 1114, 1119 (9th Cir. Alaska 2006). The case was then appealed to the Supreme Court. Chief Justice Roberts wrote the majority opinion which found in favor of the school and against the student. The Court gave a very narrow ruling which declared that schools could reasonable restrict students freedom of speech if that speech was being used to encourage or endorse illegal drug use. Roberts wrote that the principal reasonable assumed the banner encouraged drug use and was therefore justified in removing it. While some interveners argued that the banner was a kind of political expression, Roberts wrote that the student’s lawyers didn’t make this argument. It could also have been argued that the