...| Abstract Objectives: A. Cognitive: Identify the different rights of an employee. B. Affective: Develop a better understanding of the rights of the employee. C. Psychomotor: Apply the concepts to real-life situations and work conditions and be guided by the knowledge acquired in developing good corporate governance policies relating the rights of the employees. Definition of terms: Authorized Causes refers to the grounds of dismissal s to the grounds of dismissal that are allowed by law on grounds of business or organizational necessity (Atienza, 2004). Casual Employment refers employment which is neither regular, nor for a fixed period nor seasonal (Labor Code). It is one where an employee is engaged to perform a job, work or service which is merely incidental to the business of the employer, and such ob, work or service, is for a definite period made known to the employer at the time of the employment (Omnibus Rules Implementing the Labor Code). Constitution refers to the standard of validity for all acts, both public and private. It is a written instrument that serves as the fundamental or supreme law of the land (Carmelo, 2005). Corporate Governance refers to a system whereby shareholders, creditors and other stakeholders of a corporation ensure that management enhances the value of the corporation as it competes in an increasingly global market place (De Leon, 2008). Fixed-term/Project/Seasonal Employment refers to engagement of employees for fixed...
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...Guruge__________________________________ BTEC REGISTRATION NO:____________________________________________________ PROGRAMME: Edexcel BTEC Level 7 Professional Diploma in Strategic Management and Leadership UNIT NO/TITLE: Unit 04 / Developing Corporate Culture ASSIGNMENT NO: Individual Report Credit Value: 05 Learning Outcomes: 1.0 Understand how the characteristics of corporate culture affect the achievement of organizational objectives 2.0 Be able to propose organizational values that will influence corporate climate 3.0 Be able to develop strategies to communicate with stakeholders of an organisation who belong to different cultural groups Issue Date: December 6th 2013 Due Date: January 5th 2014 Submission Date: Assessor’s Name: PROGRAMME: Edexcel BTEC Level 7 Professional Diploma in Strategic Management and Leadership UNIT NO/TITLE: Unit 04 / Developing Corporate Culture ASSIGNMENT NO: Individual Report Credit Value: 05 Learning Outcomes: 4.0 Understand how the characteristics of corporate culture affect the achievement of organizational objectives 5.0 Be able to propose organizational values that will influence corporate climate 6.0 Be able to develop strategies to communicate with stakeholders of an organisation who belong to different cultural groups Issue Date: December 6th 2013 Due Date: January 5th 2014 Submission Date: Assessor’s Name: Assessor Comments: ...
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...The Boundaries of Strategic Corporate Social Responsibility Geoffrey P. Lantos Professor of Business Administration Box D-55 Stonehill College North Easton, MA 02357 June 2001 Phone: 508.565.1205 Fax: 508.565.1444 E-mail: glantos@stonehill.edu 1 The Boundaries of Strategic Corporate Social Responsibility Keywords Corporate social responsibility (CSR), Roles of business, Stakeholder theory, Ethical CSR, Responsibilities and duties, Altruistic CSR, Strategic CSR, Abstract Reviews the development of the corporate social responsibility (CSR) concept and its four components: economic, legal, ethical, and altruistic duties. Discusses different perspectives on the proper role of business in society, from profit making to community service provider. Suggests that much of the confusion and controversy over CSR stem from a failure to distinguish its ethical, altruistic, and strategic forms of CSR. On the basis of a thorough examination of the arguments for and against altruistic CSR, concurs with Milton Friedman that altruistic CSR is not a legitimate role of business. Proposes that ethical CSR, grounded in the concept of ethical duties and responsibilities, is mandatory. Concludes that strategic CSR is good for business and society. Advises that marketing take a lead role in strategic CSR activities. Notes difficulties in CSR practice and offers suggestions for marketers in planning for strategic CSR and academic researchers in further clarifying the boundaries of...
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...UNIT: Developing Corporate Culture Topic: Political Organization’s Culture In Pakistan BY: M Muneeb Ullah Sandhu Unit Contents: * Introduction to culture. * Culture of political parties. * Brief details of PTI * Cultural Profile of PTI * Climate of PTI * Communication & PTI WHAT IS CULTURE? Def. Culture is the values and practices shared by the member of a group (source notes) Hence a corporate culture is values and practices shared by the people in that company Key Points Regarding Culture * A Companies culture can make or break the company. * Company’s culture can be changed. But it can be difficult in some cases. * It can be changed as the targets of the company changes. * Company culture changes and evolves over time. But not in all cases if it is strong culture. * It changes from one environment to another. (E.g. Multinational companies) Explanation in My Views: Any human organization develops culture over time, from small family business to global national companies to village and country try to develop its own culture over time. It is like an iceberg whose very small portion can be seen while travelling in sea but the major portion of it is under water, which can only be observed when you get under water. Now, Why it is important? It is important as every organization try to develop its own unique identity. Here I think it is important to define organization...
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...through basic legislation. Reduce states corporate tax which is 4th highest in industrial world. Has the 9th most costly regulatory burden nationally and the second highest in start up fees for LLC. * Cutting and control spending. Use Wisconsin as model for success. Others will similar constraints have been successful and have a road map for the State of Illinois to use. * Second most disliked state in the nation. No room to fall, only room to improve. Do not have to worry about offending the masses because the population is sick and tired of the current state and are looking for change. * Midwest is desirable, as seen by neighbors. Real estate is 12% of the state GDP, and a good foothold for growing GDP, once reforms are in place and companies are brought back into the state. This specific sector can grow. * Infrastructure is there: airport that is well connected and is hub in the Midwest. Public transportation. * Problems can be fixed, not inherent to the land or the region. There are decisions that can and need to be made. * Chicago was once a desirable town. Can be transformed * Great lakes, tourist attraction. * Professional services * Threats: * Indiana and Michigan are now Right-To-Work states. * Dakotas opened the states up to energy production * Nonfarm payrolls in neighboring states increasing while Illinois continues to go down * Indiana is lowering the corporate tax rate every year, with a goal of 4...
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...creation of the intellectual property. Using a free market approach to innovation based on Western moral philosophy, we suggest that treating intellectually protected life saving/life sustaining innovations as public goods will likely reduce social welfare over the long term. KEY WORDS: entrepreneurship, ethics, innovation, intellectual property rights, policy ‘‘For the Scripture says, ‘Do not muzzle the ox while it is treading out the grain,’ and ‘The worker deserves his wages’ ’’ 1 Timothy 5:18. Ray (2004), in a recent critique of Miles et al. (2002), proposes that the intellectual property rights (IPR) generated from any life saving/life sustaining entrepreneurial initiatives should be transferred to the public domain whenever potential users of these innovations are unable or unwilling to enter into mutually beneficial exchange relationships with the creators of the IPR. This reply offers a perspective on why Ray’s (2004) imperative does not maximize social welfare and, in fact, will tend to diminish social welfare over the long-term as a result of lower economic incentives for innovation. Introduction ‘‘Few trends would so thoroughly undermine the very foundations of our free society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as they possible can. This is a fundamentally subversive doctrine’’ (Friedman, l962, p. 133). Morgan P. Miles is Professor of Marketing, Georgia Southern University...
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...marketing plan? 1. Personal selling to Business food partners - Was not explicitly mentioned in our marketing plan - More interactive, build customer relationship as tailored to individual customers 2. Identification of our competitive positing (market challenger) - Market leader include FoodPanda - Trying to outpace them with our product differentiation 3. Corporate social responsibility - to create brand awareness - Give back to the society Things that we could have done better! 1. Other ways of conducting primary data research (mail, telephone, personnel, etc..) - Pros & cons - Secondary data sometime does not really tell you what you really want to know 2. Public relation should carried out at the start - Immediate brand awareness Difficulties our team have faced 1. Market skimming vs Market penetration - Decision to use market skimming pricing to raise the quality of our service, compared to giving affordable pricing to reach out to a larger market - In the end, uses market penetration, and employ price adjustment strategies like promotional pricing to reach out to larger crowd 2. Using print media vs using radio ads - Print media might not be efficient as people will just flip through the pages, compared to radio ads, where they will not turn off the radio just to not hear the ad 3. Service Trade-off (offer only proximity delivery or round-the-island delivery) Points to notes from other group Group 1 - For single, delivery charges might deter...
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...Business Ethics and Social Responsibility Apparently, the concept of social responsibility refers to the means of achieving full sustainability through the adoption of the Triple-Bottom-Line (TBL) concept. Any viable organisation will enhance and facilitate long-term viability and success through the critical adoption of fundamental social responsibility principles such as transparency and accountability (Benn & Bolton, 2011). For instance, in the year 2010, the international organisation for standardisation gave out an international standard, which could help other organisations in addressing and accessing their social responsibility. Further, it is through critical and careful attention to impacts on the environment and the entire society that various organisations are able to achieve their sustainability. Through such scenario frequencies, any organisation can spur growth and development within the shortest time possible. Embracing the culture of transparency and positive ethics enhances and facilitates an approach that helps in the protection of the long-term success of both the environment and organisational success (Benn & Bolton, 2011). Social responsibility Social responsibility on a personal or corporate level means having a passionate commitment to act in an ethical and sensitive manner to alleviate poverty from society without destroying the cultural values and environmental settings of the community, and ensuring economic benefits to the organisation that...
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...Common Sense Approach to Reforming the Federal Tax System On February 3, 2013 marked the 100th birthday of the 16th Amendment. The 16th Amendment paved the way for the creation of the federal income tax that continues to this day to have far reaching repercussions on the American tax payer. Before the ratification of the 16th Amendment, the birth of the federal income tax dates back to the Civil War. In order to finance the Civil War, President Abraham Lincoln signed into law Revenue Act of 1861 on August 5, 1861. The Revenue Act consisted of a flat tax rate of 3% on income above $800 and 5% on individuals living outside of the United States. On July 1, 1861 United States Congress repealed the Revenue Act of 1861 and replaced it with the Revenue Act of 1862. The Revenue Act of 1862 introduced a progressive tax and established the Bureau of Internal Revenue. In 1872 Congress repealed the Revenue Act of 1862. One again elected officials tried to revive the federal income tax in 1894. However, in 1895 the federal income tax was declared unconstitutional by the U.S. Supreme Court because the tax was not apportioned according to the population of each state. In an address to Congress on June 16, 1909 President Howard Taft proposed that Congress consider a new amendment to the Constitution. “I recommend, then, first, the adoption of a joint resolution by two-thirds of both Houses, proposing to the States an amendment to the Constitution granting to the Federal Government...
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...analyzes the distribution of wealth between the family and the structures of corporate power. The idea that the wealthy, usually become wealthier is stressed in this chapter. Most of the United States income is distributed to the wealthy; “The richest ten percent of all households own eighty percent of the financial wealth in America (1)”. Average families have most of their wealth invested in their homes. As for the wealthiest, most of their wealth is invested in the form of business equity, real estate, stocks, bonds, mutual funds, and trusts. This chapter also stresses that wealth does not only create a higher standard of living, but that wealth influences political outcomes. The economic power of the United States is held in large corporations with single corporate owners. Chapter two expands on the information given in chapter one and expands on welfare and education. The main point of the chapter is poverty hurts kids. I will be expanding on the ideas in the two chapters to show that the gap between the wealthy and poverty is extreme and how it effects households, welfare, and education. Section 1.1 concentrates on who owns how much in America, showing the difference between the worker and owner income. “The rich are different from you and me (3)” said F Scott Fitzgerald. The richest ten percent of U.S households own eighty percent of the countries financial assets, such as cash, bank deposits, corporate stocks, and private or public bonds. It is beneficial to be wealthy because...
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...discovered and discussed that it directly affects the economic growth. What do we have to think about when we develop our HR department? In this paper we will analyze the institutional context of Sweden and evaluate what impact they have on the decision making of Human Resource management. As students of Economics and Business it is a vital part of our education to go in depth to actually understand and be able to adapt our theoretical skills in a new country. To do this we will consider the government aspect, with political system and political landscape included and its affect in the context of people management practices. Subsequently, the political economic system and its impact will be reviewed, looking at aspects such as welfare distribution, welfare benefits and unemployment. Closely linked to the aforementioned factors are also employment laws, which have a direct impact on the management practices of HR of any company operating in Sweden. The following section will analyze and evaluate various laws such as employment contract and employment discrimination. The subsequent part will cover the economic position and its...
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...and welfare of workers. * slide 1 of 5 To understand the evolution of Human Resource Management, one must first understand its basis. The origins of workforce management lies in the arrangements made for the welfare of apprentices working with the master craftsmen in the putting out system that prevailed during the medieval ages. The industrial revolution that led to the establishment of factories displaced the putting out system. The workers in the early factories faced long hours of works under extremely unhygienic conditions, and mostly lived in slums. This soon resulted in several labor riots, the most famous being Ludds riots of 1811 in Nottingham, England, precipitated by reduced wages. The government soon intervened to provide basic rights and protections for workers, and the need to comply with such statutory regulations forced factory owners to set up a formal mechanism to look into workers wages and welfare, and redress other issues concerning labor. This led to the emergence of Personnel Management as a distinct profession. * The Personnel Management Approach The Personnel Management approach that remained in vogue for much of the 20th Century remained administrative in nature. Arising out of the need to enforce statutory compliance, it concerned itself primarily with * employee record keeping * adherence to the stated policies while implementing functions such as recruitment, training and wage administration * taking welfare oriented...
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...Doing Poorly by Doing Good: Corporate Social Responsibility and Brand Concept Article Submission Final Thesis Article Author: Anum Khalid Dar Submitted to: Mrs. Mehrukh Salman Submitted on: 13 April 2015 The idea of brand concept has been used by almost every firm in the world but there has been very little research on what is the impact of brand concept on the consumer’s evaluation of the product. This paper discusses the relation of brand concept with CSR and how it leads to evaluation of the product. Three studies focuses on the relation of CSR and brand concept and the results gathered through experiments reveal that there is a conflict between CSR (selftranscendence) and luxury brand (self-enhancement), the paper also considers the mediating effect of disfluency that triggers a motivational conflict between CSR and self-enhancement which leads to less favorable brand evaluation. The paper also discusses that no such conflicting impact was observed in openness and conservation concepts. The key finding of this paper is the impact of different brand concepts with reference to CSR that leads to brand evaluation. Introduction Corporate Social Responsibility (CSR) has emerged as an extremely important concept and has gained the attention of many companies. There have been studies on this topic which illustrates it importance and value that CSR activities can bring in for a firm. The McKinsey conducted a global survey with executives as there respondents...
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...Abstract This paper discusses about the corporate social responsibility (CSR) theories and models. Application of corporate social responsibility theories and models is also applied on the Football Club Barcelona, which reflects the company's interest for CSR. Theoretical background of CSR theory and model is also presented in the paper. Company background, CSR report and company criticism is also covered in the paper. Findings of the paper reflect that the company is committed for socially responsible behavior and has taken some groundbreaking measures to ensure their obligation for CSR theories. Introduction Corporate social responsibility is the wider phenomena that are considered as a building block of organizational success. Sign of success is nowadays measured through the extent of corporate social responsibility maintained by the organizations in this global context. There are various theories and models developed on the corporate social responsibility which are used by the organizations to improve their image in the market in order to build a strong identity in the respective market. To maintain a level of supremacy in the market, companies operating at the national as well international level are following the footprints of those who are gaining terrific outcomes from the implementation of corporate social responsibility theories. Nowadays, the company reputation is analyzed by judging whether the company is following the principles of theories oriented towards the...
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...always be to acquire, develop, and retain talent; align the workforce with the business; and be an excellent contributor to the business. Those three challenges will never change." B- Personnel Management: The part of management that is concerned with people and their relationships at work. Personnel management is the responsibility of all those who manage people, as well as a description of the work of specialists. Personnel managers advise on, formulate, and implement personnel policies such as recruitment, conditions of employment, performance appraisal, training, industrial relations, and health and safety. There are various models of personnel management, of which human resource management is the most recent. 2-Evolution of HRM 1) Social justice. The root of personnel department administration lies in the 19th 100 etymologizing from the employment of mixer reformers such as Creator Shaftesbury and Henry M. Robert Owen. Their criticism of the free people endeavor scheme and the adversity created by the development of workers by mill owners led to the assignment of the number one force managers. In the late 19th and early 20th centuries, some large...
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