GE Healthcare’s Venue 40 changed the healthcare industry and allowed the company to bring healthcare to developing markets that were otherwise not accessible without a product that could be used with little to no training. Unlike the more expensive imaging devices such as CT and MRI, Ultrasound (US) offers detailed image quality at a fraction of the cost. US is also simple to use which makes it easy prey for non-healthcare practitioners that have non-treatment purposes as its intended use. The Venue 40 is portable and lacks knobs, keyboards and other germ collecting surfaces, therefore, making it ideal for ...
Essays on CSR
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Business Ethics
tH.B. Fuller is an organization founded in 1887, which has then grown into a global manufacturer of different products that include adhesives, chemicals, and sealants amongst others in more than 40 countries across Europe, North America, Latin America, and Asia. On the basis of the profits obtained from different regions, H.B Fuller has its strongholds in Latin America. Nonetheless, one of the products that attract high sales is the glue that is majorly sold in Central America. However, the increased sales in glue have brought about serious concerns particularly in regard to impact the chemicals have on the children (Velasquez, ...
Accounting Standard followed by the company:
i) General Mills Inc:
General Mills Inc, for the purpose of its financial reporting, follows Generally Accepted Accounting Principle(GAAP).
ii) Meiji Holdings: The company, for the purpose of the financial reporting and also for its subsidiaries, follows Generally Accepted Accounting Principle(GAAP). The company declares that the accounting standards are different from International Financial Reporting Standard(IFRS).
Accounting Standard followed by the auditors:
i)General Mills Inc: The financial statements of the company are audited by KPMG LLP, which are the external auditors of the company. The external auditors have used standards of Public Company Accounting Oversight Board(United States). The standards obligates the auditors to ensure that all the financial statements of the company are free from any material ...
ABSTRACT
The aim of the current research was to examine the impact of the wider view of CSR on operations management of any the organization. The aim was divided into four objectives i.e. This research was based on secondary analysis. The researcher collected secondary data from internet and peer-reviewed journals to achieve the research objectives. The researcher made the following conclusion from this research. Decision-making is the core responsibility of managers. Operations managers need ensure that business decisions do not affect the society negatively. The business should not make profits at the cost of the environment. The manager should ...
Introduction
The need for a safe, hazard free and healthy environment cannot be over-emphasized. This need is accentuated by obvious facts such as climate change, acid rain, ozone depletion, species extinction as is characteristic of global environmental trends (Claudio, 2007). The UNEP, (2013) report shows that people everywhere around the world (2 million annual deaths and billions of diseases attributed to pollution) experience the negative consequences of environmental degradation, ecosystem decline and natural disasters due to untoward environmental practices as well as unsafe environmental management and disposal of toxic and dangerous waste materials, leading to worldwide demand for environmental justice and ...
Abstract
The research presentation on the corporate social responsibility of the imaginary organization Riordan Manufacturing Inc. covers the description of the social initiative to be implemented and discusses the main components of an effective CSR policy. The suggested social initiative is about going green and focuses on conducting energy audit, getting paperless by communication by e-mails and double sided print, saving water, providing leadership and involving employees. The company will benefit from becoming environmentally-friendly due to improved reputation, increased customer and employee loyalty and saved money in operational costs. An effective CSR policy should include such components as business value, ...
- DQ1. ARE THE VIEWS PRESENTED IN THE TWO ARTICLES CONSISTENT OR DO THEY VARY, AND IN WHAT WAY? AFTER COMPARING THE TWO VIEWPOINTS, HOW WOULD YOU DESCRIBE THE ROLE OF STRATEGIC LEADERSHIP IN ORGANIZATIONS? WHO SHOULD PARTICIPATE AND WHAT SHOULD BE THEIR GOALS? The views presented in the two articles are consistent in that they appreciate the need for strategic leadership in the turbulent and changing modern business environment (Boal & Hooijberg, 2000; Ireland & Hitt, 1999). However, there are some inconsistencies. Ireland and Hitt’s article dwells on six components of effective leadership while that by Boal and ...
Business Environment
Introduction Strategies lie at the heart of an organization, and no organization could be in the sake of economic prosperity without utilizing and molding their operational and non operational strategies for the sake of organizational productivity in total. When it comes to organizational productivity, there are motley things which have to be in regular consideration for its productive both from financial and non financial angles in total (Kourdi Jeremy 2010, p.23).
It is more than important for the entities to utilize and mold their strategies in a perfect and well organized manner. It is an obvious thing that ...
Akpabio, E., and Akpan, N., 2010. Governance and oil politics in Nigeria’s Niger Delta: The question of distributive equity. Journal of Human Ecology, 30(2), pp.111-121. Frynas, J., 2000. Oil in Nigeria: Conflict and litigation between oil companies and village communities. Germany: Lit Verlag Munster. Omeje, K., 2005. Oil conflict in Nigeria: Contending issues and perspectives of the local Niger Delta people. New Political Economy, 10(3), pp.321-334.
The Nigerian political economy is seriously damaged by the rift between international oil companies with large-scale operations in the Niger ...
Walmart (2014). Global Responsibility. Walmart Stores Inc. Retrieved April 19, 2014, from http://corporate.walmart.com/global-responsibility/
The official Walmart website details the company’s corporate responsibility initiatives ranging from general ethical concepts such as environmental sustainability to localized CSR issues like veterans and military families support initiatives. Walmart’s mission is to make lives better as outlined on the website and hence, their initiatives of creating more jobs, women empowerment and responsible sourcing; a work in improving the companies social image.
Wal-Mart Stores, Inc. (2014). Global Responsibility Report: The Responsibility to Lead. Retrieved April 19, 2014, from http://www.csrwire.com/press_releases/35509-Walmart- Highlights-Sustainability-Progress-in-its-2013-Global-Responsibility-Report
This ...
Coca Cola is invented in May 1886 by Doctor John Pemberton known as Doc, a pharmacist from Atlanta, Georgia. The name of Coca Cola is suggested by Frank Robinson, a bookkeeper and he first scripted “Coca Cola” into the flowing letters, which becomes the famous logo of today. The soft drink is first sold to the public at the soda fountain, in Jacob’s Pharmacy in Atlanta on May 8, 1886. Until 1960s, the carbonated beverages at the local soda fountain are enjoyed by both small town and big city dwellers in the city. On April 23, 1985, “New Coke” ...
Banerjee’s article “Corporate Social Responsibility; The good the bad and the ugly” critically analyzes the high corruption rates that have engulfed the contemporary business corporations, despite the corporate social responsibility they owe to the society. The author emphasizes that the present day corporations have advanced to serve the interests of the managers at the expense of undermining the interests of parties not directly involved. This is in fact evidenced by the latest numerous corporate indignities that have dominated the United States of America. Using this article, this paper seeks to explore on a number of questions in the same ...
Slide 1: Introduction
The report discusses about Corporate social responsibility by analyzing the CSR strategy adapted by Tesco. The report would consider the CSR strategy from four perspective; Environmental considerations, Ethical leadership, Sustainable consideration and Laws and regulatory considerations.
Slide 2: CSR Strategy - Tesco
Environmental considerations Tesco has taken different steps to manage its environment. It has been highly focusing on reducing the carbon emission. The company has been involved in different projects related to reducing carbon emission. Moreover, it has been highly involved in creating awareness among not only suppliers but among consumers as well to reduce the usage of carbon. Because of its efforts ...
Method
The research utilizes both secondary and primary methods of data collection. The secondary data collection methods involve a review of existing literature pertaining to the reputation of the business and corporate social responsibility CSR. The review of the literature sought to identify if there is a link between acting in line with CSR guidelines and business success. Primary collection of data utilized tools such as personal interviews and questionnaires. The participants comprise of the business managers and societal members or members of the community. Judgmental sampling, quota sampling, and snowball sampling were used to sample the study group.
The intended ...
For a very long period of time, the corporate social responsibility (CSR) has been well thought-out as a trend that arrived when a certain generation entered the workforce and become a stronger consumer existence in corporate America. In the society, business has been playing a big role which has triggered so many companies to subscribe into ways of minimizing the need for CSR or for methods to turn social responsibility in to a factor of making profits. Some people believes that CSR is an interruption that cease businesses performing to their prospective which cripple the economy while others believes that an effective CSR policy together ...
Leaders have a great role in establishing and sustaining an ethical climate in an organization. According to Randall (2012), ethical climate is the perception of what the correct way to behave is and how ethical issues should get handled in an organization. There are two broad dimensions of sources of power; positional and personal. Positional power is the kind of power acquired due to the position one holds while personal power is from someone’s personality or skills. Positional power further divides into legitimate, reward and coercive power. Personal power includes expert and referent ...
Ever since the beginning of the concept of Corporate Social Responsibility (CSR), there has been a subtle (or not so subtle) power struggle between the profiteers and ethical regulators. According to an article published in The Economist (2009), the conflict between the ethical and commercial considerations of a company has always existed. However, before we further our understanding of the importance of CSR for the stakeholders and its impact on company's profitability, it is very important to understand what exactly CSR is.
Unlike the common misconception that CSR is all about shelving out doles for philanthropic purposes, CSR is not ...
Experience
Introduction The objective of this document is to assess the multiculturalism level in Coca Cola Corporation with the utilization of the Multicultural Organizational Development (MCOD) Model, developed by Holvino et al. (2004). Multicultural organization, according to the authors illustrates several major characteristics: values and contributions of diverse employee background, employees reflect social and cultural diversity, organization acts to eliminate all types of oppression and discrimination, promotes inclusion and attempts to bring forward Corporate Social Responsibility (CSR) policies.
Q1: Placing the Organization in the Continuum of Mono and Multiculturalism
Based on the analysis of the cultural background and evaluation of the strategic direction of the Coca Cola Company it is ...
Introduction
The concept of Corporate Social Responsibility (CSR) covers different approaches that lead to certain kind of corporate activities integrated within the business organizations’ model where the operations of the business would be to ensure that there is its support to law, ethical principles, and social norms based on international standards. For example, the operational metrics involve expected design of specific behaviors and detailed businesses entities exercising their responsibilities for the outcome of their business activities. This regardless of being and accordance on the environment, consumers, communities, employees, stakeholders, and other relevant groups within the public sphere would adhere to ...
Kumar, Sylvia Smith and Archana. "Impact of Corporate Social Responsibility on Employee Organizational Commitment."in Joseph, Chen. Advances in Hospitality and Leisure. Emerald Group Publsihing Limited, 2013. 49-67.
The scholars in their paper discussed the impact of Corporate Social Responsibility on Employees commitment towards the organization, that they termed as Employee Organizational Commitment(EOC). To study the impact of CSR over employees, they collected and analyzed the data from the gaming industry where they used a combination of proprietary employee survey and the statistical model- structural equation modeling (SEM). Results concluded that the employee carries a positive attitude towards CSR, which further leads to affective commitment, continuance commitment, and this strengthens the organizational loyalty in the employees. The researchers also concluded that Gender, tenure and position of employees within ...
- Integrated Reporting
Integrated Reporting (IR) is a contemporary social managerial process where organizations get in the process of communicating how they create value including how they create impact economically, socially and environmentally (Busco et al, 2013). In the recent past, the way organizations report their performances is being redefined in the areas of capital creation, accountability and value creation. Integrated reporting defines what companies report, the types of capital invested and its effects, and the audience of such reports. In addition, it includes the social and environmental impact of the organization.
The International Integrated Reporting Council (IIRC) asserts that, integrated reporting has ...
The theory of corporate social responsibility has been on a steady increase of late as businesses seek to promote their brands by engaging in social responsibilities in the communities. Therefore, corporate social responsibility by a business can be termed as the initiatives taken by the corporates as they take the responsibility of the adverse effects that the corporate may have on the community in terms of impact on social welfare and environment. It is also known as corporate citizenship where the corporate incur costs in the short term that do not necessarily bring economic benefit to the firm but instead seek ...
Is the Business of business simply to generate profits, or is it to fulfil other societal objectives?
The term business or corporate social responsibility has a deep meaning including business ethics, business citizenship, commercial liability, and sustainability. As clearly commented by Carroll, CSR has surely become a “front – burner” in the business community (P. 27l). When the term “social responsibility” of the business sector gets discussed in professional parlence, it is not only the commercial achievement of success. Rather it is the achievement of success by the company by way of legal, ethical, commercial and other related expectations of the society. Thus, the company or the business has to make appropriate decisions that balance the ...
INTERCONTINENTAL HOTEL
Introduction Brief History The Intercontinental Hotels was established on April 4, 1946 by the Pan American World Airways, with the first hotel opening in Belem, Brazil (IHG 2013, About Intercontinental Hotels & Resorts). The Intercontinental Hotel Group (IHG) was formed in April, 2003 after Six Continents PLC separated their retail business from the hotels and soft drinks businesses (IHG 2013, IHG Company Overview).
Size
Today, the Intercontinental Hotels Group has more than 4,600 hotels and 674,000 rooms in almost 100 countries throughout the world (IHG 2013, IHG Company Overview). With nine brands, IHG is in ...
There has been a long standing debate about the pay of the CEO’s of companies. Proponents of this debate argue that CEO’s of successful companies are effectively performing the duties for which they were hired that is; maximization of shareholder wealth. Therefore, if CEO’s are paid in terms of stocks or salary then this is justifiable. Proponents further argue that the media reports instances where shareholders are given high salaries, benefits, and stocks but they fail to report events where CEO’s have been fired and their pay has been reduced as a result of poor company performance. ...
Company Overview
Danone Groupe is one of the largest multinational corporations in the globe. The company, which was formed in France and later on moved to United States, operates in various countries, including: United Kingdom, India, Israel, Pakistan, China, Indonesia, Turkey, among others. In the United States, it operates under the name The Dannon Company, which was modified when the owners moved the company into the country to make it sound more “American.” Over the years, the company has merged with various companies, which is one of the main impetuses for the rapid growth of the company in the global market. ...
All the organizations grow similar to the living organism and so they also have life cycles. First of all, the organization is established or it is born; here, the product is made by the company which is this case was sportswear by Nike as they invested their money. Then the next stage is of growth where the organization develops but it is through several methods of advertisings as the company and its products are introduced into the market until it reaches the level of maturity. Maturity is the stage where no further growth can be made and from onwards ...
Introduction
Defining Concepts
Corporate Social Responsibility (CSR) represents “A firm’s sense of responsibility towards the community and environment, (both ecological and social) in which it operates and draws resources and sustenance from. Firms express this citizenship through their waste and pollution reduction processes, by contributing to the educational and social programs and by earning adequate returns on the employed resources” (Business Dictionary).
This definition identifies the companies’ role in sustaining CSR initiatives and their contributions to the welfare of the community. Frederick, Davis and Post define the companies’ sense of responsibility and their interventions in the society’s ...
1. What factors might make some industries harder to pioneer than others? Are there any industries in which there is no penalty for late entry?
Entry into an industry is determined by several factors. One of the factors is the observation of the set conditions for entry in the industry. For example, capital size and level of production may be some of the conditions. Technology awareness may be another key factor in entry into an industry (Cantner, 2007). As a method of controlling late entry, many industries impose charges on late entry curbing the behavior. It is termed as ...
SARS Disease Outbreak
The SARS disease outbreak occurred in 2003 when the World Health Organization issued a global alert on the disease that was similar to pneumonia (Wei et al., 2009). Similar cases were experienced in China, Vietnam, Thailand, Taiwan, Indonesia, Philippines, and Thailand. Other countries affected included Germany, United States, and Canada. The disease spread from Beijing leading to an outbreak in Tianjin city. According to Wei et al., (2009), 175 probable cases of SARS were reported. This included 21 deaths. The transfer of patients from one hospital to another stimulated the spread of the disease. A patient that was suspected of ...
The negative effects of some global economic practices on the planet and society’s health prompted voluntary organizations to establish frameworks that aim at standardizing CSR initiatives (Benn & Bolton, 2011). There is a lack of a worldwide-standardized CSR governance structure and the voluntary organization frameworks attempt to come up with these structures. A challenge that would undermine the goal of voluntary organization networks and similar initiatives is the political interference of corporations in the implementation of policies that would negatively affect their business returns.
Fooks et al. (2011), reports that since the year 2000, the British American Tobacco (BAT) Company ...
Apple, the leading computer manufacturing company founded by Steve Jobs and Steve Wozniak in 1970 does not own an equally innovative, inspiring and a somewhat lofty mission statement as it could have been perceived (About, 2012). The mission statement of Apple is delivered as:
"Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App Store, and has recently introduced iPad 2 which is defining the ...
The site that I chose to review was www.business-ethics.com. The originally a magazine named ‘Business Ethics’ that was launched back in 1987, the magazine is now available only online as a comprehensive guide to current issues and developments related to business ethics, corporate governance and corporate social responsibility. In addition to these main topics, the site offers articles, expert opinion and analysis on several categories such as Leadership, Sustainability, Environment, Regulation & Legislation as well as a separate section for recent updates and business ethics related stories that have made the news. I visited most of these categories and found that some ...
As can be observed from the two videos, the emergence of CSR has been pushed throughout the 20th century. Many of these CSR activities have their origins in the enormous comprehensive changes that have preceded economic structures for a long time now. Burns (2011) attests that CSR can be used as a necessity for controlling the excesses of the corporate power. It is also notable that the need for the protection and preservation of the natural environment has positively enhanced CSR. Nothing unethical exists when a company gains its competitive advantage by exercising a considerable Corporate Social Responsibility in the society that ...
Assignment 1: Strategic Management and Strategic Competitiveness
Bank of America is regarded as an American multinational banking and a financial services company, situated in Charlotte, North Carolina. The company is considered as the second largest bank holding corporation in the whole U.S in terms of assets (Grant et al, 2010). The Bank of America is ranked as the twenty-first largest company as of 2013 in the United States by total revenue. Furthermore, Forbes ranked Bank of America as the third biggest company universally in 2010. The company was founded in October 17, 1904 by the name of Bank of Italy. The company deals in variety of product ...
With the increased consumer awareness, organizational success is now more dependent on their actual and/or perceived commitment to socio-economic, environmental, and other aspects of sustainability. It is no longer acceptable as proper for organizations to thrive in isolation from the communities that are affected by such a firm’s actions. Corporate social responsibility (CSR) is an important way for firms to strike a balance between economic, environmental and social responsibilities in operations, which in turn ensures that they cater for the interests of all their stakeholder’s interests and expectations. CSR has different meanings and has varying definitions depending on every ...
(Institution Name)
The Age of the SME
Several studies have been conducted to investigate whether the age of an entrepreneurial SME affects its success, and if so, how. Nunes, et. al. (2013) concluded that both age and size restrict the growth of young SMEs, yet do not seem to affect older SMEs in the same way. This is presumable because an older firm has grown in size since its inception and/or has acquired adequate management experience to navigate difficult times and environments. This same study also identified two more factors that are limiting for young SMEs, yet not so for older enterprises. As ...
Discuss the challenges related to being a socially responsible business, and suggest ways these challenges can be overcome.
Corporate Social Responsibility especially concerning social welfare and the environment are important engagements for businesses. They improve the livelihoods of people especially in the target markets while empowering those people to support the business by acquiring more purchasing powers. However, some challenges stand in the way of the establishment of socially responsible businesses. These challenges include lack of uniform support from a business’s executives as well as the junior employees. When only a few people and not the entire business personnel support a given social responsibility issue, the projects suffer divided attention, denial of critical resources such as time, money ...
1. Corporate Social Responsibility has recently become very valuable for modern business. Companies’ leaders started to realize that CSR might bring the same, or even higher, impact on their main purpose – maximize the profit – rather than conservative ways of developing their product. It is recognized that CSR efforts are more likely to be taken by private companies, both small and big, rather than by public or state ones. The reason for such split is that private businesses have much more “free” money to invest into some charity programs and provide different philanthropic activities (Rangan, Chase, & Karim, 2012, 3). Afterwards, ...
Ethics can be described as conduct, behaviour, principles or values which are morally upright in the society. These principles are used to govern and control a group of people, individuals or certain activities that are undertaken. In marketing, ethics is important in protecting consumers and other stakeholders in an industry or a company. There are different approaches or ethical perspectives that exist. To begin with, the utilitarian perspective describes the best ethical action as the action that provides maximum good for the greatest number of people. For example, mangers come up with policies that are aimed at benefiting majority of ...
Questions 1
Discuss that factors that would be involved for a business to choose a framework to guide their CSR programs. CSR is a critical aspect in the modern times. Companies and firms have to come up with these strategies for various reason. However, the framework of the company depends on the social and economic environment of the business location, the ethical framework of the enterprises, and the cost implications. According to Ismail (2009 p. 201), the managerial theory of CSR suggests that a firm has to consider everything hat is external to its operations in making decisions. Such entails the social and ...
Introduction
The present paper evaluates Corporate Social Responsibility activities of Dunkin Brand Group. Therefore, the current corporate social responsibility activities undertaken by Dunkin Brand Group are evaluated applying CSR model, theory, and concepts. The main objective of the paper is to assess how effectively Dunkin Brand Group manages CSR activities to respond to the needs of its external and internal stakeholders.
Company Profile
Dunkin Brand Group is an American brand, which operates two quick service restaurants that are Dunkin Donut and Baskin Robbins brands. The company manages franchising, licensing, and development of restaurants across the globe. Currently, the company operates in four ...
Bing is a large company that generates high profits for Microsoft. The reason for the company’s profitability is the hard working and cooperation of its IT employees. The intention of the company is to adopt strong CSR strategies to show its commitment and efforts required by the people in society. The company has to improve its reputation in the market. It has to practice some CSR strategies to show the public that the company is working for the prosperity and progress of the society. The marketing team of the company is looking for some strategies that could be used for ...
The rise in environmental awareness has increased organizations’ focus on the adoption of sustainable and ethical practices. It occurs through the Corporate Social Responsibility process in which organizations integrate environmental and social concerns into their business operations voluntarily (Crowther & Aras, 2008). The paper explores the ethical standards of four major companies. Some companies comply with CSR policies by acting ethically, whereas others do not. Some companies exhibit comprehensive compliance with the existing CSR policies. BMW is a company that has made significant contributions towards a reduction of global warming. In its CSR policies, BMW outlines strategies to adopt ecologically sustainable ...
The company chosen for the purpose of the assignment is Sony Corporation. Sony offers its consumers variety of product in Consumer Products and Devices (Official website of Sony, n.d.). Sony Corporation had an undying reputation of providing the best quality. Consumers consider the brand to be reliable and of high quality. The major factor for which an effective operations management is important for an organization is to improve the productivity and to meet the competitive priorities of the customers. This in turn improves the efficiency of the organization. The quality management approach at Sony is not only ...
a) Return on investment relative to industry The J.P Morgan Chase and Co. Investment banking division provides a variety of investment banking services and products such as security's underwriting in debt and equity markets, structure advisory services and corporate strategy, risk management, trading platforms for institutional clients in cash securities (Behery and Tarek 131). Its client base includes governments, corporations, institutional investors and financial institutions. b) Board issues The company Board provides experience, judgment, independence and accountability for its shareholders. Director independence is upheld in several ways, including restraining the number of officers sitting on the Board. Ten of 12 directors are ...
EXAM QUESTIONS ON BUSINESS AND SOCIETY
1. To what extent are companies justified in claiming that they are good corporate citizens? The key goal of any business enterprise is to maximize profits and minimize cost. The management must safeguard the social welfare of the employees. In addition, the company must respect the social and cultural values as well as providing quality products and services to the consumers. Therefore, corporate citizenship is the understanding of all stakeholders in a company or business enterprise that it has social responsibilities to the employees, the surrounding society and the consumers, who indirectly influence the company’s performance in regional ...
Executive Summary
The strategic perspective of an organization, and the direction in which it moves helps determine the strategic position of the organization, as well as its market competitiveness, survival and growth. In the case of TESCO, being a multinational retailer, its performance and branding are closely associated (Hammond, 2008). Apart from providing consumers with a wide range of products under one roof and becoming a one stop shop for all domestic needs of the consumers, TESCO also is actively a part of several community programs and social development. Moreover, leadership in terms of quality and customer retention has been attained by the organization effectively. ...
Paper Due Date
Introduction/Background Shell is a Global Energy Company which operates in 70 different countries. The company employs ninety two thousand (92,000) employees world-wide with its corporate headquarters is in The Hague, Netherlands. Shell operates thirty refineries and produces three point two (3.2) million barrels per day. Shell’s mission statement is: “Shell is a global group of energy and petrochemical companies. Our aim is to meet the energy needs of society, in ways that are economically, socially and environmentally viable, now and in the future” (Shell 2014).
Shell operates in sixteen (16) key segments:
- Credit Card Services - Motor Sports - Aviation - ...
Introduction
The Journal of Banking and Finance (JBF) essentially undertakes the mandate of publishing both the empirical and theoretical research, it doesn’t publish any other research but rather those within the span of finance and banking. Its main objective as stated within the scope of their mission is fundamentally to ascertain a flow and availability of research that pertains to capital, money, and operations of the financial institutions. Ensuing the fact that this journal accomplishes the mandate of assuring a continued flow of research materials about banking and finance, recent articles from this journal will be analyzed to deduce trends and essentially ...
Theoretically speaking, the term 'stakeholders' refers to "any group or individual who can affect or is affected by the achievement of organizations objectives" (Freeman, 2010). It is obvious to expect the differences in stakeholders expectations for a profit business to that of non-profit organizations. The biggest difference is the monetary expectation. As non-profit organizations don't make monetary benefits from their operations, stakeholders cannot expect financial benefits. The goals of these firms are, usually, providing a charitable and educational service. As such, stakeholders including funders, volunteers, participants, clients and government officials may have different expectations ranging from providing quality service to ...
Introduction
The food service business, in which McDonald’s engages in, is one of the most challenging industries when it comes to meeting corporate responsibility and sustainability expectations (Gagliano). This is particularly because of the allure to provide the cheap, tasty foods with little or no nutritional value to consumers. In many cases, restaurants prefer to choose the easiest route: to produce foods that consumers love with little regard to the nutritional value that the food would add to the consumer. This goes against the spirit of corporate responsibility and sustainability because it would encourage the growth of unhealthy generations ...
Specific Aims
Activation-induced cytidine deaminase (AID) encodes a DNA-editing deaminase, which is a group of the Cytidine Deaminase family (Bello). This protein is concerned in somatic gene conversion, hypermutation, and class-switch recombination of Ig (immunoglobulin genes). Activation-induced cytidine deaminase (AID) has been expressed in B cells at germinal center and starts the events, which lead to class switch recombination of immunoglobulin genes and somatic hypermutation. Additionally to this primary responsibility in immune diversification, deviant targeting of Activation-induced cytidine deaminase activity leads to translocations and point mutations of oncogenes linked with B-cell lymphoma. Lately, AID has been related in active DNA demethylation (Sariah). ...
Corporate social responsibility (CSR) is an initiative to take responsibility for any effects to the environment caused by the company. It can also be defined as the continuous commitment by a business to behave ethically to contribute to economic development while improving the quality of life of the employees, their families and the community and society at large. The company, therefore, in this case involves itself in actions for the good of the society, past the interests of the firm and legal requirements. Corporate social responsibility may include environmental care and safeguard, fair trade and community service, charity outreaches and ...
Introduction
This presentation is on Toyota Motor Corporation. This automotive company is Japanese in origin with its headquarters Aichi, Japan. Toyota over a period of time has been facing some ethical problems that seem to be weighing it down. The company is owned by Kiirichi Toyoda, who is the innovator and inventor of the company. The company was established in the year of 1973 following the emergence and merging of the various Toyota Industries owned by his father. Most of the ethical issues experienced by the company, both the local and international outlets have affected the company progress either positively and ...
Marks & Spencers (M&S) Strategic Issue and Options
Marks & Spencers (M&S) is one of the largest multi-channel retailers in the world with over 120 years history. The company operates in 50 countries, including Western and Eastern Europe, Asia and Southeast Asia regions and employs over 82, 000 individuals worldwide. The company has been experiencing fast growth in all three segments, food, clothes and home products, based on its core strategic directions of organic growth in the UK and other European markets. Current strategy of the organization is based on five pillars: values, quality, service, innovation and trust (M&S, 2013). These founding values build on the organizational mission ...
Statoil is a Global Energy Company which operates in 33 different countries. The company is ranked #39 on the FT Global 500 listing with annual revenues of $124.4B and profit of $11.8B in 2013. Statoil has been in operations for 40 years, with an employee base of 23,000 world-wide and has its corporate headquarters in Norway.
- Natural Gas - New Energy - Production Facilities (Oil and Gas) - Procurement - Trading - Exploration & Production Statoil takes Corporate Social Responsibility seriously. As evidenced by 2 of the 6 operations. The New Energy segment ...
What had been a question of values and ethics has now become an issue of corporate policy. Corporate Social Responsibility (CSR) has been globally accepted by the firms in the twenty first century, in order to fulfil their moral obligations to the society that is giving to them profits and gains. One can get several examples these days where big multi-national firms (MNEs) are lending a hand towards the betterment of the society. For example: Volkswagen India initiated a programme in Maharashtra's draught stricken community by offering to expand their water reserves. This would help the local population get easy water access ...
Background of the Issue
With increasingly difficult organizational structures and continuously evolving markets, modern companies face more severe competition. This competitive market environment is no longer determined by the high level supply and demand curve and product features, as it used to be somewhat forty and even thirty years ago. Contemporary businesses have to learn to compete on price and upstream effectiveness to be able to develop sustainable competitive advantage in their respective markets. Past decades put in focus an emerging trend of production and manufacturing outsourcing, where large corporation found a great cost advantage in offshoring their operations in lower labor cost countries, ...
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HRS 203
HR literature About Recruitment Process 3
Introduction 3 HRM Constructs in Modern Business Environment 3 Literature Review on Recruitment Process 3 Recruitment Professionals – Motivation and Empowerment off topic I am afraid 3 Conclusion 3 HR literature About Recruitment Process Introduction Global Business environment is becoming more and more complex, and this increasing complexity places forward alternative competitive strategy. More organizations today realize the role that human capital plays in sustainable development and creation of unique and lasting customer value (Millmore,, 2007). With that in mind, the attention of academic and business circles to a great degree is ...