...built-in, self-regulating mechanism whereby a business monitors and ensures its active compliance with the spirit of the law, ethical standards, and international norms. The term "corporate social responsibility" came into common use in the late 1960s and when many multinational corporations formed the term stakeholder, and organization's activities had a major impact on the stakeholders. There has been different views towards company responsiblities wherein Proponents argue that corporations make more long term profits by operating with a perspective, while critics argue that CSR distracts from the economic role of businesses. Others argue that it is an attempt to pre-empt the role of governments as a watchdog over powerful multinational corporations. CSR is titled to aid an organization's mission as well as a guide to what the company stands for and will uphold to its consumers. There are different approaches towards social responsiblities, they are broadly clasified into two, the primary approach is Philanthropy which includes monitary donations and aids given to other organisations. Where in the other approach is garnering increasing corporate responsibility interest. This is called Creating Shared Value, or CSV. The shared value model is based on the idea that corporate success and social welfare are interdependent Many companies use the strategy of benchmarking to compete...
Words: 1943 - Pages: 8
...baking bread. They show how brave they are and that healing a city can happen. They demonstrate how to use ethical principles to address organizational issues. The issues in the film involve the city of Detroit. This city experienced a huge downfall with the crash of the economy. According to Huffington Post the Detroit News reports that Detroit has an enormous unemployment rate nearly 50% because of layoffs of the major auto manufacturers (Huffington Post, 2011). The women who started Avalon saw the need to heal the city and create jobs. The organizational ethics portrayed in this film are amazing. As stated in the film by one of the founders who have three bottom lines. “One is the responsibility to the earth, one the responsibility to the employees and the other is the responsibility to the community” (Liberty Mutual The Responsibility Project, 2012). The external pressure of the later is major. The social pressure influencing this business decision is the community needed them to start this business. Their decision to start a business was a big risk, especially starting a business they knew nothing about. The women knew nothing about baking or running a small business. They wanted to be a model for a successful small business in this community. The community rewarded them by taking the attitude of; if someone has the audacity to start a business here in this economy, the community will make sure it succeeds. Bread making is metaphor. Bread is nutritious, and...
Words: 556 - Pages: 3
...production and managing supplies for military operations. After parting from Kellogg, Brown & Root (KBR), it was no longer in the industry of providing military logistics. Halliburton contributes and functions in over 50,000 employees and operating in approximately 70 countries. The purpose of the planning function of management is to evaluate Halliburton by analyzing the impact the corporate social responsibility, legal issue, ethics and have had on the management planning of the corporation. Each function will be provided for each. This will analyze three main factors that influence contingency planning, strategic, tactical, and operational Halliburton’s management approach has allowed the company to remain in the for front of its production. This was well-known through Halliburton’s decisions in acquiring fresh subsidiaries. Halliburton planned for the increase in globalization by tapping into the world market that would be helpful for the corporation. As a business corporation, planning must be a vital part of how the company takes care of their business. Halliburton ethics statements says It is the personal responsibility of each Company Director, employee and agent to observe the standards of conduct and other requirements of the Code of Business Conduct whether or not these standards and requirements are also imposed by law. Any Director, employee or agent who does not...
Words: 732 - Pages: 3
...about the practices of the profession, many nurses take care of their patients according to their medical knowledge, norms, and ethics. In this essay, I will discuss the history and culture of nursing as well as the beliefs, values, and behaviors of nurses and how they are viewed in society. The history of professional nursing began with...
Words: 1309 - Pages: 6
...witnessed employees that come to work while under the influence of alcohol and even drinking while at work. She has seen employees on a regular basis arriving late and leaving early for work and also using company computers for personal reasons. Her department manager is so easy going and seems to be more concerned with being everyone’s friend than their boss and if he is aware of these issues, he turns a blind eye. Although she has tried to bring the subject of these issues to him, he seems unwilling to even discuss them with her. She is a hard worker and follows rules and always thought the majority of other employees would also. This paper will take a look at her options and research the differences between business and cultural ethics in the U.S and in Europe. The challenges she will face if she decides to file a complaint formally with a agency of the government and the reaction she’ll most likely receive from her immediate supervisors. Finally there will be a discussion on what advice that I would give Mary on the course of action she should take in this matter. All of my discussion will be based on knowledge gained from research into this topic. Legal Environment of Business In preparation for this paper...
Words: 2607 - Pages: 11
...1. Introduction HSBC is named after its founding member, The Hongkong and Shanghai Banking Corporation Limited, which was established in 1865 to finance the growing trade between Europe, India and China. In the early years of the 20th century, HSBC widened its activities in the East and became increasingly involved in the issuing of loans to national governments, especially in China, to finance modernisation and internal infrastructure projects such as railway building. In the later years of the 20th century HSBC moved from an important regional bank to one of the world's leading financial services organisations. In the 21st century, HSBC has renewed its focus on its birthplace, growing its business in China both organically and through a series of strategic partnerships. Nowadays, HSBC's international network comprises more than 6,200 offices in 74 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa,. ranks first in the Forbes 400 Top UK based companies in spite of its root from Asian, with deversified products and services, including advisory, financing, trading, sales, transaction banking, research and analysis. Unilever is an Anglo–Dutch multinational consumer goods company co-headquartered in London, England and Rotterdam, The Netherlands. Its products include food, beverages, cleaning agents and personal care products. It is the world's third-largest consumer goods company measured by 2012 revenue, after Procter &...
Words: 3285 - Pages: 14
...company’s ethical and social responsibilities and determine whether or not the company has met these requirements/responsibilities. Provide two examples to support your decision. Apple Corporation has been known to have many successes and challenges in many years as it relates to their ethical and social responsibilities. In recent news, Apple has been under a microscope due to the suppliers that they employed to manufacture their products. FoxConn is a leading supplier of Apple that runs factories throughout China. In recent news, Apple has taken the heat for violations with this supplier due to workers working more than 60 hours a week with no off days, suicide threats, and low wage compensation, and dangerous working conditions. Although FoxConn is employed by Apple Corporation, it too must follow the company business conduct that applies to all its operations, including those overseas. Apple Corporation shows a true commitment to ensuring the highest standards of social responsibility wherever our products are made. They insist that their suppliers provide safe working conditions, treat workers with dignity and respect and use environmentally responsible manufacturing processes (Klein, 2011). The Code of Conduct ensures that Apple takes preventive measures in cases that involve the company and its employees in ethical issues. Through implementation of the Code of Conduct, ethical awareness and action is a proactive step to meeting ethical and social requirements. Failure...
Words: 1955 - Pages: 8
...National University of Modern Languages Institute of Business & Finance Department of Accounts & Finance Lahore Campus Final Thesis on CORPORATE SOCIAL RESPONSIBILITY AND EMPLOYEE BEHAVIOUR SUBMITTED BY: STUDENT NAME Roll No. BS (Accounts& Finance) Honors Session from ----- to -------- Thesis Report on Computer Marketing Company National University of Modern Languages Faculty of Management and Science It is hereby certified that the report has been thoroughly and carefully read and recommend to the Faculty of Management and Science for acceptance of final thesis report by name & registration #. Session (August-13 to July-14) Morning.In partial fulfillment of the requirement for the degree of B.S. (Accounting and Finance) of National University of Modern Languages Lahore. Date: 16-Oct-14 Supervisor name: Supervisor Signature: Plane Member Name: Plane Member Signature: Head of Department: Letter of Transmittal Head of Accounting & Finance Department, National University of Modern Languages, IBF Campus, Lahore. Dear Sir/Madam; It is to present you the thesis report which is executed at Computer Marketing Company as required by the university as a degree requirement for B.S. (Accounting and Finance) program. This report has been prepared in accordance with the guidelines issued by the department. It is the result of my first professional experience. This is a partial...
Words: 8706 - Pages: 35
...MGT 400 STUDY GUIDE 1 (MID-TERM) Materials needed for preparation: Lectures (slides): 1 – What is culture; 2 – Conceptual culture models; 3 – Culture shock and expatriate adjustment; 4 – Motivation; 5 – Decision making; 6 – Ethics. Textbook: Chapter 2 (Culture & International Management), 7 (Motivation), 9 (Decision Making) Cases: (1) Foundering Expatriate; (2) Black & Decker Readings: “The silent language in overseas business”; “Right ways to manage expats”; “Value in tension: Ethics away from home” What is Culture? 1. What is the definition of culture? Acquired knowledge people use to interpret experience and actions. This knowledge then influence values ,attitude and behavior 2. What are the three levels of culture? What are the examples for each level? Surface level food holidays Underwater level economy customs Deep level value belief 3. How is culture transmitted? Both formal and informal Informal transmission occurs every day as individuals interact with each other, watch television, or read books Formal transmission occurs through efforts to socialize as an individual, such as in schools and government 4. How does culture impact communication in organizations? Culture has an impact on how communication takes place in an organization, what is communicated (e.g., only work related or including personal issues), and the manner in which information is communicated (direct confrontation...
Words: 3205 - Pages: 13
...MEN’S WEARHOUSE CASE STUDY GROUP 1 Overview of Case The case study from the Stanford Graduate School of Business that is subtitled: Success in A Declining Industry is a detailed description of the events that led to Men’s Wearhouse success. Men’s Wearhouse is a specialty retailer for clothing tailored for the businessman of the past and present. Since its first store in 1978, it had developed rapidly into over 1,175 stores nationwide (Hoover, 2012). Men’s Wearhouse developed its own culture, management theories, and practices. In the case study the external environment of this industry was fiercely aggressive with many companies closing due to financial strains. Founder and CEO of Men’s Wearhouse, George Zimmer saw the “untapped human potential” of his employees as the key asset rather than property, plant, and equipment. According to Zimmer, the company’s five stakeholder groups in order are: Employees, Customers, Vendors, Communities, and Shareholders. He believes that if you take care of your employees first, they will in turn take care of your customers, who will then in turn take care of your top-line growth (Nishimura, 1993). Men’s Wearhouse implemented management systems for compensation and staffing, promotion and career development, and communication with employees at all levels. It has been said, “They instituted unusual and groundbreaking workforce management...
Words: 3494 - Pages: 14
...ORGANIZATION OVERVIEW PART 2 2.1 Prime Bank Limited Prime Bank Limited (PBL) is one of the Bangladeshi private banks, which was incorporated on 17th April 1995 with Tk. 1000 million of authorized capital & Tk. 100 million of paid up capital by a group of successful entrepreneurs. It is not only a conventional Bank. It’s a modern, dynamic private commercial bank & plays a constructive role in the economic development of the country. Prime bank is the first private bank to introduce lease finance, Hire purchase & customer credit schemes along with Islamic banking services in the banking sector in order to bring about qualitative changes in the lives of people of Bangladesh. PBL through its steady progress & continuous success has, now earned the reputation of being one of the leading private sector Banks of the country. The bank offers all kind of Commercial corporate and Personal banking service covering all segment of society within the framework of Banking Company Act, rules and regulation laid down by our central bank. Prime Bank Ltd. is determined to explore the different ways to accommodate with the needs of its clients. One of these ways includes Foreign Exchange Operation and transactions which offer customers a medium of doing business globally with minimum risk associated. Prime Bank Ltd. has already made...
Words: 9171 - Pages: 37
...Week Five Discussion Question 1 What components do you think are most important in a communication plan? What are the advantages of a formalized communication plan? What might happen if a consultant does not establish a communication plan with a client? In my opinion, the most important components in a communication plan consist of the measurable goals and objectives. The measurable goals are meant to express the end points towards the direct effortsof the project. The business consultant's communication plan should be outlined to help the client and the organization to communicate successfully and meet the core organizational objectives. The components include but not limited to help the organization achieve their overall objectives, engage adequately with stakeholders, deliver and demostrate the success of your project, ensure to the client and stakeholders you understand their business, and if necessary change behaviour and perceptions where necessary. One of the advantages of a communication plan it helps with communication between staff members, and helps to manage, create, and sustain organizational opertions. Sometimes if the business consultant does not establish a communication plan with the client many projects have problems and are not successful. Week Five Discussion Question 2 What are some strategies for building an emotional commitment to engagement on the part of the client? Which of these strategies are going to be the most effective for your project...
Words: 12434 - Pages: 50
...01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 Step 7 A Judge Is Assigned to Hear the Case ❖ 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 N 30 L In the previous two chapters, we learned about the two attorneys in the courtroom drama, the prosecutor and the defense attorney. In this chapter, we turn our attention to the third member of the courtroom work group, the judge. We will learn what judges do and how they become judges. Then, we will look at judges’ discretion and how it affects their relationships with others. INTRODUCTION Judges are by far the most easily recognized member of the courtroom work group, both by their conspicuous robes and by their prominent position in the courtroom. They are also the subject of many stereotypes because the public wants to believe that judges combine patience, wisdom, and compassion to arrive at fair decisions, while they eschew the character flaws that sometimes form the basis of decisions by others, including prejudice, intolerance, favoritism, and hostility. Unfortunately, judges are human and their decisions occasionally reflect such a reality. One West Virginia judge, for example, became so enraged at a defendant who began cursing at him in court that he jumped down from his bench, tore off his judicial robe, and bit the tip off the defendant’s nose (Smith, 1998). He served five days in jail on state assault...
Words: 21662 - Pages: 87
...6. A hermeneutic analysis of the Denver International Airport Baggage Handling System Stasys Lukaitis, School of Information Systems, Deakin University Jacob Cybulski, School of Information Systems, Deakin University Abstract This paper attempts to demonstrate the principles of hermeneutics in an effort to understand factors affecting Information Systems (IS) projects. As hermeneutics provides a systematic method of interpreting text from multiple information sources, thus, Information Systems being prima facie defined and documented as text documents, are eminently suited for this mode of investigation. In this paper, we illustrate hermeneutics by analysing a sample case study document describing the well-known Denver International Airport (DIA) Automated Baggage Handling System project, which was extensively reported in the IS and management press and studied by Montealegre and his colleagues. As a result of the hermeneutic approach to the analysis of this document, a new ‘flexibility’ factor has been discovered to play an important, yet unreported, role in the DIA system demise. In the DIA case, the observed flexibility factor influenced the quality of the interaction between the actors, the prevailing environment and the information systems. Introduction Although there are several reports of information systems projects that have applied hermeneutics (Boland, 1991; Klein and Myers, 1999; Myers, 1994a), there are very few publications that explain the actual hermeneutic...
Words: 8291 - Pages: 34
...I | Given specified circumstances of a business decision to expand to international markets, determine what international legal requirements or regulatory controls apply. | Topics for This Week's Discussion * Introduce yourself to your professor and the rest of the class. (not graded) * Thread over TCO A/I (graded) * Ethics and Patent Rights Post 9/11 (graded) * Q & A Forum for your questions and comments (not graded) | | There is a drop down arrow next to the "Select a Topic" box. Click on this arrow to select topics for discussion. | ------------------------------------------------- Top of Form Select a Topic: Bottom of Form The World Bank Situation (graded) | Class, please read Chapter 2, problem 5 from the Jennings text, p. 72. This week, we will discuss the Wolfowitz situation at the World Bank. Consider the questions at the end of the problem as you make comments in the threads this week. What are the ethics here? Was Wolfowitz trying to do the right thing? Does that make a difference ethically? Throughout the week, I will bring in further questions. Be sure to read the lecture and the international ethics article stated in your reading for the week as well. | Collapse All | Show Options | sort by: response | author | date | read | unread ------------------------------------------------- Top of FormBottom of Form | | Responses | Author | Date & Time | | Dwight Elliott | 9 Apr 11 10:37 PM MST | |...
Words: 201281 - Pages: 806
