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yin123456
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yin123456
 
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Founded: 13 July, 2011
Location: American Samoa,
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Group title: designer wedding dresses

The only responsibility of corporate executives, provided they stay within the law, is to make as much money as possible for their simple wedding dresses  companies.

 The speaker content that the only responsibility of corporate executives, provided they stay within the law, is to make as much money as possible for their simple wedding dresses  companies. His or her words render the relationship between corporate interest and public interest. To obey the law is a reflection of pursuing public interest and to make money mirrors corporate interest. I will explain it in details as following:Here we define the corporate interest as the benefit of a social group. It reflect some groups' utility, for instance, the corporate interest of a bridesmaid dresses company is, in a long term, making as much profit as possible; An environmental organization considers their interest as protecting the environment; A charitable institution will endeavor in assisting poor. On the other hand, as opposite to the definition of corporate interest, the public interest is somewhat vague. In the time of democracy, we take laws as a glass, most available and effective, reflecting public interest. American Clean Energy and Security Act of 2009, for example, is an energy bill that would establish a variant of cap-and-tread plan for greenhouse gases to address climate change, which is stem from the public concern of the environmental problem. Yet, representing most people's interest does not indicate all. Sometimes, law is unable to protect a person's right. Except for laws, morality may also be a representation for public interest, while it is much uncertain and intangible, say "you should be honest ".In my analysis below, the laws and morality will play an role of medium.The interest of corporate and public tend to conflict in short terms. There are two aspects. First, when laws and morality do reflect the interest of public, groups pursue their corporate interest, while go against public interest and injurious public interest. The collapse of Enron is an example of notorious. Enron, once the "America's Most Innovative designer wedding dresses company", creatively planned accounting fraud for making profit. As a result, it breaks through the law and fatally destructs livehood of so many people--from employees and their families to shareholders and creditors. Secondly, the corporate interest is in accordance with, or at least does not run against laws and morality, while the laws and morality cannot represent public interest as a whole. Here we turn our glance to the guiltily Triangular Trade that the white tread African slaves purchased or abducted. It is a ugly history of human cargo and a violation of human rights. However, the countries, such as Britain and France, taking part in the trade were well-respected for their risky enterprises at that time. In a further aspect, the corporate interest and public interest are consistent. As the former discourse above, we will divide this course into two parts as well, and now, I will cite you two examples to better justify my view. I get an advertisement about the environmental project of Royal Dutch Shell, say, "It won't be easy. Innovative solutions rarely are. But, when the challenge is hardest, when everyone else is shaking their heads, we believe there is a way." Though, reports strongly condemning Shell's record spread all over during the previous years, we can still find the confidence of Shell to along a way towards being environmental-friendly. Both the negative report and Shell's struggle, reflect the principal of sustainable profit is giving attention to corporate interest as well as public interest. Another case is about the in vitro fertilization (IVF).At the beginning of IVF, it was struck with morally reprehension and legal action. While nowadays, IVF not only make profit for the labs, but also widely accepted by the society.In sum, all of us are trying to find a balance between corporate interest and public interest, but it seems a mission of impossible for nothing, including laws and morality, could totally represent public interest. So what do we do? To be safety, I think, seek our own benefit staying within the law, and think a while before condemn a law-breaker. Maybe he/she is an innovator of this era.
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