...1 For more than 100 years, Genesis Industries (GI) has been guided by a simple belief ‐‐ do the right thing for the employees, the communities, and the customers. The Share Serve Sustain initiative is a conservation and community program that can be built on that legacy. The initiative will focus on the company's social responsibility in three critical areas: empowering communities and individuals, preserving the environment and promoting change for a sustainable future. Genesis relies on core principles to guide the conduct in all corporate affairs, including how the company gathers and shares information, how the public is served and how it relates to the government on all levels. In the 21st century companies must recognize the importance of sharing their commitment to businesses and communities. Genesis Industries is dedicated to doing the best work in the areas of communications and media and plans to continue working hard for others. It’s how the business thrives, communities grow and partnerships prosper. This isn’t just “corporate responsibility” — it’s ingrained in the company’s culture and values. 2 Genesis’ social responsibility strategy for people addresses ethical leadership considerations and will be rooted in company values, which includes the commitment to helping shape a better world. Genesis Industries should embraces the idea of doing the right thing during daily activities of building the business, serving communities and interacting with others...
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...Performance Assessments: Estimated weeks to complete Social Responsibility (JJT2) Activities at a Glance 1 4 WEEK 1 Ethics Reading Read the following chapters in Business and Society: Stakeholders, Ethics, Public Policy: chapter 4 ("Ethics and Ethical Reasoning") chapter 5 ("Organizational Ethics and the Law") After reading the assigned chapters in your e-text go to the publisher companion site to review key terms and to take the interactive quizzes for the assigned chapters. Overview of Leadership Ethics Access MindEdge and complete the following module. Compare your work to the feedback provided. Module 1: Leadership Ethics If you want additional information to supplement your learning, please review the following SkillSoft resource: Business Ethics for Managers WEEK 2 Overview of Sustainable Management Read the following chapter in Business and Society: Stakeholders, Ethics, Public Policy: chapter 10 ("Ecology and Sustainable Development in Global Business") chapter 11 ("Managing Environmental Issues") After reading the assigned chapters in your e-text go to the publisher companion site to review key terms and to take the interactive quizzes for the assigned chapters. Sustainable Management Review Visit this website for additional information: www.epa.gov Access MindEdge and complete the following module. Compare your work to the feedback provided. Module 3: Overview of Sustainable Management ...
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...Social Responsibility JJT2 Task 1 Business Dictionary defines Corporate Social Responsibility as, “A company’s sense of responsibility towards the community and environment (both ecological and social) in which it operates.” Corporate Social Responsibility, often denoted as simply CSR, is a valuable tool for business owners to help themselves and society as a whole. A social responsibility strategy needs to be created for Champion Chow. Champion Chow is a large manufacturer and distributor of all-natural organic dog food throughout the country. The concept of a triple bottom line (TBL) will constitute as the overall framework in regards to Champion Chow’s social responsibility strategy. A TBL consists of three main categories: people, planet and profit. People refers to reasonable and favorable business practices toward labor, the public and district in which a corporation conducts its business. Planet pertains to sustainable environmental practices performed by the business. A business that actively follows TBL attempts to benefit the natural order in its region, or at the very least, curtail their environmental effect. Profit refers to the economic value the business creates. A. SOCIAL RESPONSBILITY STRATEGIES 1. Environmental considerations and recommendations Champion Chow was founded by John A. Smith in 1994. He was at the forefront of the organic rage. He himself ate only organic and believed his four legged companion should have the same option...
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...JJT2 Task Overview General Suggestions Think in terms of 3—have at least three for each section—meaning discuss three types of regulatory or leadership issues, etc. The strategy you develop should include a focus on environmental considerations, financially viable business practices, ethical decision making on the part of the leadership who will implement your plan, and should also be in compliance with all government regulations that affect the industry. For each of the four sections areas below you want to describe the current way the company operates and make recommendations for socially responsible actions. Also, you can recommend a new direction for the company. Make sure with each item you not only name the consideration, but also that you explain your recommendation. What are some potential examples that illustrate this component? Think about both simple and complex possibilities. Environmental Considerations & Recommendations Does your business look at all of the impact a product can have on the environment? Pollution prevention? Recycling? Conservation initiatives? Why type of technology does your business use – does it have an environmental impact? In your learning resources: Chapter 3 ("Corporate Social Responsibility") Chapter 18 ("The Community and the Corporation") Chapter 10 ("Ecology and Sustainable Development in Global Business") Chapter 11 ("Managing Environmental Issues") www.epa.gov MindEdge Module 2 Ethical Leadership Considerations...
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...Social Responsibility 4/2014 JJT2 task 1 Social Responsibility Corporate Social Responsibility (CSR) is an organization holding itself accountable for the impact of its decisions and activities on society, the environment and, it’s own prosperity. Otherwise known as the triple bottom line of people, planet and profit (Lawrence & Weber, 2010). CSR is whatever a company does to give back to the community in which there is presence. Sometimes this involves grants, volunteerism or sponsorships. Other times, a company will chose to demonstrate its CSR by a commitment to clean energy or other commendable cause. J.D. Rockefeller stated the when a business gives back to the community, the company honors a tradition of giving to the people which makes continued success possible (Barker, 2014). The areas to be considered for a company developing CSR are the environment, ethics, organizational viability and legal considerations. The business of Protective Coatings will be reviewed in these areas and recommendations will be given to help the business in their efforts to be socially responsible. A1. Environmental Considerations and Recommendations Protective Coatings is a small independently owned business involved with applying protective coatings for a large variety of businesses whose applications reach into the industrial, private and public sectors. It is necessary for Protective Coatings to integrate environmental concerns into their business’s economic plan in order to...
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...2-27 A. Identify and describe Reed’s responsibilities to detect Smith’s errors and fraud. Do not identify specific audit procedures. After his meeting with Smith Company’s new management and predecessor auditor, he is now made aware of possible fraud in the financial statements. With this knowledge, he is now responsible to take steps to identify the errors due to fraud in the financial statements. Initially, Reed and his audit team should assess the risks within Smith Company such as the motives and where opportunities exist to commit fraud. Once all the risk information is gathered, the next step is to audit Smith Company’s financial statements to see if they are prepared in accordance with GAAP and if they are not to identify any material misstatements. During the course of the audit, they should plan and develop tests that account for the risks assessed. As with any audit, Reed, CPA and his staff must “conduct the audit with due professional care and an attitude of professional skepticism.” (Boynton & Johnson. 2006, p. 58) B. Identify and describe Reed’s responsibility to report Smith’s errors and fraud. If Reed, CPA detects that Smith Company’s financial statements are materially misstated, then he should notify the management at Smith Company and have them revise them so that they are in accordance to GAAP with all proper disclosures. Reed has the responsibility to notify others when appropriate including the Board of Directors, the Audit Committee...
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...1) Why do you think Starbucks has been so concerned with social responsibility in its overall corporate strategy? Starbuck is a known corporation local and international for their freshly brewed coffee and other products that are offered. Social responsibility helps the company image, to care about the community and the environment, these are positive stand points that define the company self portrait. It's important how you look on the outside, in the end it's all about sales. As mention in the text “people first and profit last” once a corporation can fulfill its duties that benefit the consumer and the parties involve then there is no need to worry about the business profit. 2) Is Starbucks unique in being able to provide a high level of benefits to its employees? The text mention “it is better for a company to take some short-term loses than to lose sight of its core values in the long term “yes Starbucks is unique because not many restaurant offer the kind of benefits as Starbuck. The employees are important to the business and it helps to retain them. Offering health insurance, paid time off, and other perks are ways to keep employees happy which lead to great work effort and a successful business. It also helps to lower the business employment turnover rate and save the corporation money because they do not spend much money and recruiting new employees and to train them. 3) Do you think that Starbucks has grown rapidly because of its ethical and socially responsible...
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...2012, HMV plc spent £25 million on social responsibility projects. In January 2013, HMV entered liquidation. With reference to HMV and/or other organisations that you know, to what extent is acting in a responsible manner important for sustained businesses success. (40 marks) Acting in a responsible manner will always be an important part of a business’s success, as it links into a business’s reputation which is ultimately how the customers and potential customers view the business before decided whether to purchase their goods or services from them. If a business, for example The body shop is renowned for being socially responsible in relation to environmental factors and employee issues, then its reputation will be strong and customers will look highly upon the business, as opposed to a business, such as Nike, who was found out to be using sweat shops and abusing their workers not long ago, to which consumers responded badly. HMV for many years has been a very popular and well established business. So behaving in a responsible matter will have proved to be an evidently important factor in the success of their business, before they entered liquidation. In their 2008 social responsibility report, HMV stated that “HMV Group recognises that its businesses have social and environmental impacts and that we have a responsibility to manage these impacts effectively at a strategic and operational level”. Environmental factors, social responsibility and economic growth are all part...
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...Management Planning Ava Thompson Hearvey MGT/230 October 23, 2012 The Planning function The first Wal-Mart opened in 1962 in Rogers, Arkansas. Wal-Mart has been dedicated to making a difference in the lives of their customers. This business is the result of Sam Walton’s visionary leadership, along with generations of acquaintances focused on helping customers while building the community, and saving money (Wal-Mart.com). This heritage defines the company in terms of who Wal-Mart is and what the company’s goals are today. In 2009 Wal-Mart introduced a plan that was hoped to guarantee that the company would remain the industry leader. Project Impact is based on three strategic initiatives that will improve the benefits to the customer. The three initiatives are; Save Money, Live Better; Wal-Mart is aiming to keep customers happy and keep them returning to the store. Over the last decade the company had lost customers as they frequented the newer stores of its competitors such as Target. By implementing Project Impact Wal-Mart is renovating its stores in the US by widening the aisles, lowering fixtures, improving signage, and adding natural light to give consumers a store that feels friendlier (Wal-Mart strategic initiatives). Customers are more likely to shop when they feel comfortable. Goals and Strategies The first of the three visions is called Save Money, Live Better. This vision has a number of...
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...Boeing and its Management Planning Christopher Bayles MGT/330 October 2, 2011 Bill Escue Boeing is one of the biggest aviation companies in the world with relations to a number of different countries. They produce products for commercial and government use as well as have contracts with National Aeronautics and Space Administration (NASA). Management planning is one of the primary key focuses to Boeing because of the size of its massive corporation. They create some of the top high-end equipment for medical, commercial, and government use. The primary workings of the company includes goods that aid in the carrying of cargo, people, and other equipment used by the government. The Federal Aviation Administration (FAA) oversees the operation of aircrafts for safety concerns. Because of the safety concerns, Boeing conducts very extensive planning to operate a well-organized and successful business. Planning includes precautionary needs for the future, figuring out the departments’ objectives, activities that could be of some concern to a company, and a company's techniques they will need to accomplish a successful result (Boeing, 2010). During plans making Boeing has to consider the unpredicted problems so that there can be no possible mishaps that could happen. By setting obtainable goals in marketing, sales, mechanical markets and engineering, and updating and training employees to be more effective will ensure that the products exceed high expectations and...
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...Personal Responsibility Title of Paper Responsibility is something we are taught as we grow up, it may be as small as parents letting their children get the mail from the mail box, or as big as babysitting two young children wile their parents are at work. Personal responsibility is the duty to accept the rewards and the consequences of each individuals own personal actions. Personal responsibility goes deeper than just admitting when you make a mistake. Money management is an example of a personal responsibility. As a responsible student with loans out you must guard your credit and your education by making sure you can afford your way of life and school together. Spending less money is a very obvious but not so easy way of making sure your responsibilities are taken care of. Shopping around and comparing prices of normal items you usually buy is a good way to save a couple of bucks, many places these days have discounts for students never be shy about asking for them. Choosing to keep the temple of your body healthy is also a good example, eating healthy, and exercising are two good ways to upkeep your duty. With the delicious and amazing desserts and candies available it is so hard to keep the personal duty we have. Alcohol and tobacco are also two big things that can damage the responsibility we have to our bodies. It seems everyone smokes or drinks these days the thing to make a responsibility is not abusing the products in which you consume. Schoolwork is...
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...been in favor of implementing a social accounting and reporting regime in the company? If I was a member of the board of directors during the time of Ok Tedi operations, I would have been in favor of implementing a social accounting and reporting regime in the company. As social accounting is always a beneficial method for a company to maximize their profit and organizational image. Social accounting allows to see where improvements can be made so that an organization can better achieve their aims and values. It provides a continuous record of how effectively organization has developed and changed. Social accounting and reporting would help the Ok Tedi Mining company by giving feedback on how things are going from the range of people involved in the organization. As the 97% workers at the company are PNG inhabitants, it would be easy to look over them fulfill their basic needs and values. Social accounting would also identify the areas where things are working well and where not. To improve organization’s policy and perception ,it is a very appreciable way. Social accounting would help Ok Tedi Mining to work accordance with legal way and social values. Company’s decision would be more just and equitable to less powerful stakeholders. The company would meet the social responsibility and get a good organizational image from the society. The company was sued by the villagers as they were far away from the touch of people. If social accounting would be applied...
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...Corporate Social responsibility has become the new essence of the business world. “No longer is it acceptable simply to make good products that satisfy customers while complying with laws and regulations. Businesses are now called upon to consider – and, indeed, intentionally to manage – the wider social and environmental consequences of their actions, beyond the requirements of the legal and regulatory settings in which they operate” (Charles River Center, 2008). Thus it is important for Charles River Printing (CRP) to include this concept into its sustainability vision and mission in order to make it as part of their daily operations and grow as a responsible company. To build the strategic planning practices (SPP) for CRP it is important to develop action plans, the timeline for its planning; the level of stakeholder engagement; the governance structure; risk assessment and mitigation plans; and most importantly measure its progress (Pojasek, 2013. p.1). While doing this it is important to integrate the policies and strategies with respect to the economic sustainability, social responsibility and environmental stewardship of the company. Moreover, the goals have to be aligned with the mission, vision and core value of the company and vice versa. The first step is to develop the SPP would be to understand that of its parent company RR Donnelley. The plant manager should try to align the SPP of CRP with the parent company to have a common methodology and then improvise the...
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...is a part of Larger Social system”-Explain from the system concept of business. (Page -12) What do you meant by move toward social concern? (Page -4) What is discontinuity? (Page -5) Define business. (Page -19) Give arguments for Social responsibility. (Page -24) Give arguments against Social responsibility. (Page -30) What is social responsibility? (Page -39) What is social response? (Page -46) Discuss the power-responsibility equation. (Page -47) What is the Iron Law of responsibility? (Page -50) Discuss the Changing role of Business Clients. (Page -59) Describe the elements of a Pluralistic social system. (Page -62) What do you mean by Diffusion of Power? (Page -66) Discuss the strength and weakness of a pluralistic society. (Page -69) Discuss the traditional business role. (Page -79) Define the Quality of life. (Page -85) Discuss the alternative ways is which business may respond to the social demands. (Page -85) Discuss in brief the different socially responsive roles played by a manager. (Page -102) Discuss the general effects of technology on society as a whole. (Page -117) What is social system? “Areas of social responsibility are expanding”- Explain. (Page -12, 7) Briefly discuss the role of socially responsive manager as a boundary mediator. (Page -104) What do you mean by social power and how do you relate it to social responsibility? (Page -48) Part :...
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...Grand Canyon University PSY 357/ Life Span Development Professor/ Carla Homburg January 07, 2013 Adolescence and Early Adulthood There was an old quote that was quoted by Walton,(n.d.) that stated “it takes a villiage to raise a child”. This quote is clearly stating that everyone that is involved in a child’s life shares the responsibility with the parents to help ensure that the child does receive all that is needed for that individual to become a productive citizen of society. Being a parent is not an easy task. With parenting there will be many things that the parent will have to learn in rasing a child, for children does not come with a book on how to raise that child. A parent is the first person that a child will come in contact with , parents holds the largest amount of influence on the child yet with the influence there comes responsibility. The responsibilities of the parent would be such as this, parents have both physical and non-physical responsibilities to their child, the physical responsible of the parent is to provide the child with things to drink such as fresh water there should be clothing ,the child should be taken to the doctor or hospital as necessary. Paretns should also provide the child with a place of being safe. The nor physical things that parents should provide for their child would be teaching the child that they should have a spirit of forgiveness for others, teaching the child to respect themselves as well as others ,also to teach the...
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