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Corporate social responsibility statements are effective ways of ensuring multi-national companies act ethically. Discuss
For the past few years there has been lots of discussion about Corporate Social Responsibility. Most of the multinational companies issue every year a report on their practices. They try to get involved into communities, fight the poverty in the third world countries and donate millions of ponds every year to charities to as they say “build the better future”. But are their corporate social responsibility statements effective ways of ensuring that multinational entities act ethically? From my point of viewview, CSR statements do not ensure that practices of
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COROORATE SOCIAL RESPONSIBILITY
DEFINITION: Corporate social responsibility (CSR), also known as
sustainable responsible business (SRB), or
corporate social performance,is a form of corporate[->1] self-regulation[->2] integrated into a business model[->3]. Ideally, CSR policy would function as a built-in, self-regulating mechanism whereby business would monitor and ensure its support to law, ethical standards, and international norms[->4]. Consequently, business would
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Hercules (Dwayne Johnson) is the leader of a band of mercenaries comprising the spear-wielding prophet Amphiaraus (Ian McShane) of Argos, the knife-throwing thief Autolycus (Rufus Sewell) of Sparta, the feral warrior Tydeus (Aksel Hennie) of Thebes, the Amazon archer Atalanta (Ingrid Bolsø Berdal) of Scythiaand his nephew storyteller Iolaus (Reece Ritchie) of Athens. Hercules is said to be the demigod son of Zeus, who completed the legendary Twelve Labors, only to be betrayed by Hera, who drove him insane and caused him to murder his wife Megara (Irina Shayk) and their children during a visit to King Eurystheus(Joseph Fiennes). Though Hercules's demigod heritage and the truth behind his
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Based on the notion that weapons manufacturers, in addition to other ‘sin industries’ such as gambling, tobacco and alcohol, have unreasonably been excluded from corporate social responsibility (CSR) research, Halpern and Snider (2011) conduct a study on US defence firms’ CSR. In accordance with the overall academic view that industry’s CSR is a result of managers’ CSR orientation (Carroll and Shabana, 2010), they evaluate US managers’ views and find their orientations to be predominantly similar to nondefense counterparties. Therefore, Halpern et al. (2011) suggest that weapons manufacturers ought to be included in the pool of CSR research and practice.
Primarily, the article presents
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Corporate Responsibility and Marketing Strategies
Dr. Bagher Fardanesh
Contemporary Business (508)
03 May 2014
Since it’s inception in 1977, Apple, Inc. has taken to task, the business of balancing social and ethical responsibility to include the impact of violations on the company. Apple has employed standards for suppliers to adhere to wage and benefits standards developed by its company and made itself a brand of value in the world market through diversity and innovation in its marketing strategy.
In 2011, Apple, Inc. stated on their website that “Apple is committed to ensuring the highest standards of social responsibility wherever our products are
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A Proposal for the Standardization of Corporate Responsibility
In Response to the Presidential Commission from the desk of the
President - Barak Obama
CR 503 – Business and Society
I. Presidential Commission
President Obama, heading a special commission, has requested a draft for a National Code of Corporate Responsibility. Once completed, the Code will be widely disseminated as a national blueprint for proper business conduct. It is, therefore, imperative that the new code contain the necessary business, social and ethical policies that will lift the American corporate community out of its disreputable position and accelerate its return to global superiority -- as both
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In the article ´Putting ethical practices in corporate responsibility´, Cheah (2010) highlights the importance of ethics in corporate governance. In first part the author gives an exemplification of ethical practices. In addition to that, Cheah (2010) stresses the need to examine the foundation of corporate responsibility in relation to ethical practices. The article is related to the report question on corporate governance. However the article has limited use because the content is not detailed enough and the whole assessment task is not covered.
The article is relevant to the assessment task, which examines the principles of corporate governance and its important in relation to ethical
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INSTITUTO TECNOLÓGICO Y DE ESTUDIOS SUPERIORES DE MONTERREY
MAESTRÍA EN ADMINISTRACIÓN EMPRESARIAL (MGN)
ECONOMÍA PARA LA TOMA DE DECISIONES
Caso: Ethical Conflicts at Enron: Moral Responsibility in Corporate Capitalism
En el caso de Enron y las acciones que llevaron a su colapso, ¿podría decirse que se trató de problemas de agencia? Justifique su respuesta a partir de los conceptos de principal/agent y la información proporcionada en el caso.
Con respecto a lo abordado dentro del caso que nos ocupa y tomando en cuenta los factores que llevaron al colapso a ENRON considero que efectivamente se trató de un problema de agencia, lo que
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designed to ensure the company sources sustainably grown and processed coffee by evaluating the economic, social and environmental aspects of coffee production and Tom's Shoes donates one pair of shoes to a child in need for every pair a customer purchases. ("What Is Corporate Social Responsibility?" 2015).
Social responsibility involves participating in initiatives that benefit our society. This is very important in order to remain successful in any business. Today’s consumers are very active in society and care about a business social awareness whether it be environmental, philanthropy, ethical issues or labor practices. According to "Cdc" (2008) The CDC has a social responsibility in the
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Essay By: Hana Ismail Adem
Completed: May 20th 2011
Essay By: Hana Ismail Adem
Completed: May 20th 2011
1. How important is Corporate Social Responsibility? What role will public relations play in an organization's CSR efforts and how, if at all, will it differ from the role it plays today?
In the past, there was always a concern for corporate social responsibility, but it is only recently that this concept strongly emerged. The idea that companies can serve a much greater social purpose besides that of making profits is now widespread across the corporate world. Herein, there arises the so-called concept of corporate social responsibility (CSR). This is when companies
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POSITION OUTLINE_THE BODY SHOP
Anita Roddick, founder of The Body Shop (TBS), was an eccentric business leader and advocate of participating in moral leadership at the corporate level. Roddick not only established a lasting set of core values for TBS, but also helped set a precedent for the Corporate Social Responsibility (CSR) i initiatives now widely practiced by many international corporations. Bartlett and Ghoshal succinctly summarize the philosophy that Roddick embedded within TBS ii. In more broadly describing the need to go ‘beyond strategy to purpose’, Bartlett and Ghoshal go on to write that “contractually based relationships do not inspire the extraordinary
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Corporate Social Responsibility –
Issues and Challenges with reference to Bhopal city.
Ms Charu Modi Ms Ankita Rajdev Ms Meenal Pathak
Assistant Professor Assistant Professor Assistant Professor
JSSGIW – FOM JSSGIW – FOM JSSGIW – FOM
08871312197 09893299224 09989773177
Corporate Social Responsibility is the term used to define organisation’s commitment to the society and the environment within which it operates. Corporate initiative to assess and take responsibility for the company’s effects on the environment and impact on social welfare. The term generally applies to company efforts that go beyond what may be required by regulators
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DISCUSS CORPORATE SOCIAL RESPONSIBITY IN BUSINESS.
Corporate social responsibility is a process with the aim to embrace responsibility for the company's actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere who may also be considered as stakeholders.
Corporate Social Responsibility can also be defined as the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large
Importance of corporate
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Ethics Reflection Paper
September 9, 2014
Ethics and social responsibility occupy an important place in our personal value system. Customer confidence in how business operates has been severely shaken by recent corporate scandals and collapses, such as Enron and bank failures. To be their most successful, companies must consider ethics and social responsibility as critical parts, inherent components of strategic plan. Ethical and social responsibility should be considered as part of the strategic process in profit decisions in order to receive the maximum benefit, of corporate profits. This paper analyzes what
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toward a range of stakeholders, encouraging greater corporate social responsibility in general’
The report covered three areas
Directors ▪ It defined the composition of the board, its responsibilities, and the responsibilities of the chairman, and the audit and remuneration committees. Auditing Shareholders
Corporate Governance in Africa
In 1994, The King Report in South Africa also included within its Code of Corporate Governance requirements on sustainability and ethical standards
This was due to the context of a developing country and business ethics in Africa
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affects of dramatic change can take a toll on the communities that rely on the business for their needs.
Over stepping ethical boundaries
The Enron scandal is most likely the most talked about scandal to this day. Those involved and those who listened will always remember the impact it created on Corporate America. Top executives actions were in the form of "off-balance sheet partnerships used to hide the company's deteriorating finances, revenue from long-term contracts being recorded in the first year...
Ethics and Social Responsibility
“The concept of social responsibility proposes that a private corporation has responsibilities to society that extend beyond making a profit
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Corporate social responsibility
The history of today’s CRS theory has a long and wide spreading background. Despite the concept of CSR being growing, manifested and flourished in recent times, the late 1800s (industrial revolution) is considered to be the beginning of CSR concept and practice, when creating more productive employees were the main concern for promising business. One might argue to differentiate the social and business reason behind.
Carnegie, Cadbury and Lever were among the many individuals who utilised company assets to improve the conditions of nineteenth century workers. Throughout the twentieth century, companies such as Norsk Hydro
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Mgt 19B Corporate Social Responsibility
Globe Telecom Inc. is a provider of telecommunications services. The Company operates mobile, fixed line and broadband networks providing communications services to individual customers, small and medium-sized businesses, and corporate and enterprise clients. It operates through mobile communications services and wireline communications services segments. The mobile communications services segment consists of digital cellular telecommunications services that allow subscribers to make and receive local domestic long distance and international long
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Atatürk Üniversitesi İktisadi ve İdari Bilimler Dergisi, Cilt: 28, Sayı: 3, 2014
INVESTIGATING THE RELATIONSHIP BETWEEN CORPORATE SOCIAL RESPONSIBILITY AND FINANCIAL PERFORMANCE IN TURKEY Funda ÖZÇELİK Burcu AVCI ÖZTÜRK Sevda GÜRSAKAL
Abstract: This paper examined the relationship between corporate social responsibility and firm financial performance in Borsa Istanbul 100 index companies between the years 2010 and 2012. In order to test our hypothesis that the companies issuing corporate social responsibility reports have higher performance in terms of financial accounting ratios, we applied a logistic regression analysis. Corporate social responsibility was used as the
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Typically businesses start up with a primary goal of earning revenue – to have the company profits exceed the cost of doing business. Small, local businesses are particularly susceptible to losing customers to large, corporate companies who often force these smaller companies out of business. Does this goal to make money and/or the susceptibility of being put out of business by a larger company excuse a small, local grocery store from filling its social responsibility? No, quite the contrary. It is becoming increasingly apparent that many consumers are basing their decisions not only on the items being provided by a company but the amount of “good” or perceived good a company is doing in
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Scope of Corporate Governance
* “Corporate Governance is concerned with holding the balance between economic and social goals and between individual and communal goals. The governance framework is there to encourage the efficient use of resources and equally to require accountability for the stewardship of those resources. The aim is to align as nearly as possible the interest of individuals, corporations and society.
* The foundation of any structure of corporate governance is disclosure. Openness is the basis of public confidence in the corporate system and funds will flow to centers of economic activity that inspire trust.” -Sir Adrian Cadbury.
* “Shareholders role in
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Organizational Behavior at Whole Foods
This paper will discuss the organizational behavior concepts that relate to Whole Foods. These concepts include Theory X and Theory Y, human and social capital, the profile of the 21st century manger, Carroll’s Global Corporate Social Responsibility Pyramid and the seven moral principles. Whole Foods Market is a supermarket chain that functions through several completely maintained divisions. The supermarkets are located in the US, Canada and the UK. It is headquartered in Austin, Texas and employed about 72,700 people as of September 30, 2012, of whom 16,400 were part-time employees and 3,200 were seasonal employees (“Company
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explain how corporations did and continue to shun government regulation in terms of social responsibility, it ( Corporate Power) has led the campaign to privatize a variety of activities and functions that has been under public administration. And it has sought to extend market relationships to new spheres of rapidly growing economic activity, e.g. information management (Schiller, 1996).
The social arenas of science and education have been polluted by corporate interests, “In the scientific sector, for example, research findings have become a source of intense effort to gain competitive advantage .Profit-seeking ventures now penetrate the core of many major universities and threaten to
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the concept of social responsibility has been described in different ways. For instance, its been called “profit making only”, “going beyond profit making”, “any discretionary” corporate activity intended to further social welfare”, and “improving social or environmental conditions”. We can understand it better if we first compare it to three similar concepts which are Social Obligation, Social Responsiveness and Social Responsibility. Social obligation is when a firm engages in social actions because of its obligation to meet certain economic and legal responsibilities and nothing more while Social responsiveness is when a company engages in social actions in respons to some popular social
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directors, management and controls that guide the firm. Borerwe (2004) reiterated that corporate governance is concerned with holding goals. The aim is to align as near as possible the interest of individuals, corporate and society this can be ensured by having effective internal control system. Magaisa (2004) supported this view when he says that effective internal control is an attempt to encourage employees, managers, board members to think about and make decisions through the doctrine of shared values. According to the King Report (2002) the corporate discipline, transparency, independency of board members and committees, fairness, accountability and social responsibility are the
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theorists tend to support policies such as a social safety net and/or a living wage. However, Stockholder Theorists prefer to address the needs of the "least advantaged" via individual philanthropy and/or voluntary associations rather than government programs.
Stockholder Theory of Corporate Management
Leaders are morally and legally obligated to serve as agents of the stockholders, and advance their interests regardless of how those decisions might affect the other stakeholders.
Whose Ends are Served by the Corporate Leaders?
Stockholder Theory states that the CEO is an agent hired by stockholders (or owners), and therefore he/she is legally and morally obligated to serve their
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East, Kishorganj, Chittagong South, Chittagong North, Jessor, Rajshahi and Faridpur. It also owns four of the finest tea gardens in Bangladesh: Ghazipore, Mirzapore, Zarreen and Neptune, all of which are equipped with state-of-the-art tea manufacturing machinery.
Corporate and Social responsibility form a large part of the Ispahani philosophy. Throughout our history we have endeavoured to support and advance worthwhile causes. We have established schools and colleges in Bangladesh as well as the renowned Islamia Eye Hospital. The latter is a centre of excellence for providing modern, efficient and cost-effective eye care. With a specialist line up of up to 40 doctors, 35 surgeons, trained
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misleading information and documents. This is an unethical action which is unfair to the stakeholder.
One’s conclusion and recommendation would be based on the above, as well as what one has learned about ethical theories and foundations of moral development. Joe the District Manager of Computer Operations and Mary, Joe’s supervisor, should have acted in an ethical manner by giving the CEO the truth about the system performance and not try to pass off a fraudulent misrepresentation of the results of the new system performance. They both had a corporate social responsibility to abide by the ethical codes of conduct. According to Kant's categorical imperative, is not doing the right thing or
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educate their kids. So, Kids in these situations are mostly working for living and support their families.
What do you think Nike’s executives might have done differently to prevent the sensitive charges of sweatshop labor in overseas factories?
Before having a contract with local retail shops and manufactures, Nike might have made a strong contract policy that enhances the right of local workers as well as maintains a good working environment.
Do firms need to consider the so-called corporate social responsibilities in making investment decision?
I think that even though social responsibility has always been an ultimate goal to majority of foreign companies, this value
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one of the most talked about issues
among Governments, scientists, environmentalists and others. It is said
that business activities are affecting the climate negatively. In order
to minimize the negative effects
of climate change, the activities of
the businesses should be controlled and encouraged to perform in a
socially responsible manner. The article focuses on the responsibilities
and the responses of businesses on
climate change issues. The article
first highlights on two prominent
issues: Corporate Social Responsibility and Corporate Environmental Responsibility. Then the article
introduces climate change as an
international environmental concern. Then, by going through
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The problem at hand is a case of moral dilemma v/s financial gains. The company continuing production processes “as is” will lead to emissions that might hamper employee safety. Confirming to current environmental standards entails heavy expenditure and a negative cash flow trend.
The options evolving from the case are to adopt an emission control standard (exhaust system or Recirculating filtration system) or continue operations as currently undertaken.
The options have been evaluated keeping the financial implications, politico-social effects and Corporate Social Responsibility of the company in mind. Based on the evaluation, installation of the recirculating
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Conventional Loans In Relation To Market Power
Islamic economics and Islamic banks have grabbed the attention of millions of people around the world. That is because Islamic banks...
Comperative Study Of Corporate Social Activities Of Bank And Non Bank Financial Institute
banks. Importance of Corporate Social Responsibility Abstract Companies are, in a broad sense, a group of different ... etc.), driving up efficiency; gaining new...
Is It Necessary To Combine Investment Banking And Commercial Banking?
banks and investment banks to function as two different units. GSA was targeting to prevent banks...
Mobile Banking In Brack Bank
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skills. Currently there is a shortage of
technical people in computers, biotechnology, and green technology.
Human resource management plays key role in organization to achieve its corporate social
responsibility, as a key drive of their financial performance. Human resource manager’s plays
their role in advancing their organization to achieve its business goals of becoming
environmentally, and a social responsible firm.
Human resource manager’s responsibility is to foster corporate social responsibility throughout
the organization, and main focus is to communicate and implement policies, idea, and cultural
and behavioral change in the organization makes it easier for an organizations to achieve its
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Procter & Gamble
Corporate Social Responsibility (CSR) is a concept that has been introduced and used by businesses well over half a century, Corporate Social Responsibility is all about contributing back to social society through various charity projects from where companies have earned.
CSR is how Companies are doing businesses in a way that can separate them from the competition in the minds of consumers; it gives companies enormous amount of benefits such as;
It helps to build good working atmosphere among its existing staff,
Brand differentiations through CSR projects are also used to persuade governments and the wider public
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profit should not be the only goal for business; benefiting society should also be considered. In other words, a company should have the awareness of a certain social responsibility to regulate its behavior which might endanger the public good and promote the development of society. Corporate Social Responsibility (CSR) refers to the ethical responsibilities of a modern corporation with its positive impacts on the environment, customers, employees, communities and society are considered a guiding principle for a sustainable and moral company in a market (Kotler & Keller, 2009). Indeed, the importance of CSR has been noticed by an increasing number of companies. Generally, working as a moral
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1. Discuss the challenges regarding corporate social responsibility that companies in the apparel industry face in its supply chains around the world?
Corporate social responsibility (CSR) has become one of the standard business practices of our time. For companies, the overall aim is to achieve a positive impact on society as a whole while maximizing the creation of shared value for the owners of the business, its employees, shareholders and stakeholders.
As many industries have become more and more automated, the apparel industry still requires an incredible amount of human capital to produce its products. Because of this, the industry has traditionally outsourced its production
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and what they will not tolerate. (The Guide to Ethical Conduct - Tyco International, 2012) Tyco’s core values are integrity, teamwork, excellence, accountability, honesty, and fairness, with these values Tyco wants to promote a positive workplace and show respect to others. By establishing ethics in the organization and acknowledging them it protects the employees, customers and the environment, and it allows the company to do business with financial integrity.
Corporate Social Responsibility (CSR)
Companies that want to project a good image are becoming involved with Corporate Social Responsibilities (CSR). This is where a company does what it can to give back to a community in
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their countries like: working with the governments to reduce the poverty, given some scholarships to student, sponsoring associations and advising the youth entrepreneurs, in how to star up their business. Adding to this investing lot of money on corporate social responsibility, all that will be reflect positively on the KFC brand and create word of mouth among people, businesses and governments, which can increase the awareness of KFC and get a easy access to all Africa’s opportunities.
Segmenting and targeting
Children must be segmented separately and target with some menus which include toys and magic cards, also for weekends KFC can organize some competition of sport games or singing which can be opportunity for children to get together and have fun.
Youth are the most consumer of fast food which pushes KFC to offer them some specific menus which can meet their needs and wants with free access to internet and music or organizing events and bringing some famous signer and players.
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able to launch variously strategies, with wild coverage of products via extended channels in more regions/counties. • Because of debt free strategy, the company had limited investment in R&D. Even they can provide the “me to product” but the industry will change with more related regulation to be generated from government, that will require each pharmacy company spend longer time, more money to do the testing before launch to the market, “me to product” will slow down the process to catch the new market segmentation. • Brand risk, due to the company was only focus on the interest of shareholders; lack of CSR (corporate social responsibility) will be another risk. • Over centralized power in
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Top of Form | | |
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| | | | | | Home |
| | About Teletalk |
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Company Overview | | Board of Directors | | Management | | Services | | Corporate Social Responsibility |
Teletalk Bangladesh Limited is a public limited company, registered under the Registrar of the Joint stock companies of Bangladesh. Total shares owned by the Government of the Peoples Republic of Bangladesh.
We continue to grow and engage our customers through our clear commitment to offering
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and operations; information systems; the development, management and exploitation of information systems and their impact upon organizations
* Business policy and strategy - the development of appropriate policies and strategies within a changing environment, to meet stakeholder interests
* Pervasive issues - these would include sustainability, globalization, corporate social responsibility, diversity, business innovation, creativity, enterprise development, knowledge management and risk management
* Ability to recognize and address ethical dilemmas and corporate social responsibility issues, applying ethical and organizational values to situations and choices
* The dynamics of
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started losing customers and incurring losses. The upstart companies captured niche market shares from Levi’s immense market domination. •Despite these reduction of sales, Levi Strauss & Co. maintained its corporate responsible image and progressive stance on social, labor, and environmental issues, which may have long-run profit opportunities.
Problem Background Successes Competition Solutions Responsibility Conclusion Q&A
Frith, Maxine. “The Ethical Revolution Sweeping Through the World’s Frith, World’ Sweatshops.” commondreams.org. 16 April 2005. 2 May 2008 Sweatshops.” commondreams.org. .
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Management Planning and Ethics
Eloy J. Barraza
University of Phoenix
September 20, 2011
Management Planning and Ethics
Forever 21 are a clothing organization that is known worldwide. It started as a small clothing store in Los Angeles, California. The company grew into a corporate giant through careful planning and managing by its’ owners. This careful planning has impacted many things in the company such as, legal and ethical issues, corporate social responsibility and even the way the organization plans their new strategies and hires new managers for their stores.
Forever 21 is known as a store that has the latest fashion at affordable prices, the owners of Forever
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recommendations to make the enterprise's journey ahead sustainable
Asif Uddin Ahmed, Program Director - Economic Empowerment Asif U Ahmed is business development specialist with nearly a decade of enterprise development experience in Bangladesh and abroad. He specializes in business development services for micro, small and medium enterprises and corporate social responsibility. He is a Certified International Trade Marketing specialist and has extensive training on SME and Cluster Development, Export Promotion and Corporate and Social Compliance and Responsibility. He is currently working as the Program Director-Economic Empowerment at CARE Bangladesh. All through his
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* Earn respect within the industry by promoting the healthy development of the Internet industry and win-win collaboration with partners.
* Earn the respect of society by actively assuming corporate responsibility and contributing to community development.
* Ensure full compliance with both corporate policies and national regulations, not just according to the strict letter of the law, but according to its spirit.
* Treat morality, justice, honesty, and trustworthiness as guiding principles in all of our actions.
* Use integrity to bring a positive impact to our markets.
* Commit wholeheartedly and execute efficiently in assigned tasks
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networking all over the world. After Microsoft partnered with the government and communities, they increased innovations and social activities. For example, provide everyday news in Google page. Considering consumer satisfaction, this company produced software such as Microsoft XP to ensure social communication globally.
Microsoft follows strict policies to ensure compliance with environmental regulations through methods such as recycling, disposing of waste, developing workable products, and demonstrating their responsibility to stakeholders and the public by communicating their progress. (“Microsoft environmental principles,”)
In March 2011, Microsoft filed legal actions against Barnes & Noble Inc. and their manufacturers for patent infringement. Also, related to political issues, Microsoft violated an antitrust law resulting in the U.S government filing a lawsuit against Microsoft but court proceedings were in Microsoft’s favor due to Judge Thomas Penfield Jackson’s errors in procedure.
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– Hierarchical Strategies |
Number of strategies aside, other factors do play a significant role on a strategy’s success. Under the model outlined in Figure 1, each strategy is implemented and owned by a corporate group and by the individuals within it.
Corporate strategies are assigned to and implemented by the “C” level suite, Senior Vice Presidents, and Presidents. These typically have business responsibility over the Business Units, and thus own the associated Business Unit level strategies. Business Unit strategies are implemented by Junior Vice Presidents, Senior Directors and Directors, and in some cases Senior Managers that directly report to the Business Unit leadership. These
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Corporate Social Responsibility (CSR) Strategy
The vision underlying the message was that the pursuit of profits had to be tempered by care for the environment and concern for people - both now and in the future.
This meant that if Shell wanted to stay in business, prosper and grow in the future, it had to find effective ways to incorporate the principles of sustainable development into its business practices - not as an option but as a necessity to survive.
Shell reviewed all aspects of its activities in light of what it learned about sustainable development and society's changing expectations towards the behaviour of business.
In 1997, Shell decided that, in parallel with its efforts
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) and the responsibility to provide an account of those actions’ (Rob Gray, 1996, Accounting & Accountability). |
Social Accountability of NGOs |
The priviledge of being an NGO comes with the onus of benevolent and public purpose activities. An NGO comes into existence only with the pre condition of working for charitable purposes involving public benefit without having any profit motive. There is a big difference between the social responsibilities of an NGO and a profit making corporate. A profit making commercial organization may opt for various activities, which enhances its social accountability as well as credibility. An NGO on the other hand has to work for public purposes