Relationships Between Productivity, Reputation, and Strategy Abstract: Businesses seek to maximize productivity because it increases efficiency, motivates employees, and can help firms compete on the strategic elements of time, cost, and quality. Productivity has been shown to be positively correlated with reputation such that firms with good reputations tend to have higher productivity. Reputation can be improved through corporate social responsibility initiatives that seek to enhance social and environmental wellbeing
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1. What do you think of Walmart’s green initiatives? Will it ever be able to achieve the reputation of being environmentally friendly? Discuss. Wal-Mart prosecutes green initiatives is striving to transform itself into a company that’s seen as environmentally friendly. Wal-Mart’s green initiatives consist of completion of the purpose, enhancing the visibility of the brand, and getting more investments. Wal-Mart’s green initiatives are to complete the purpose of the company. Wal-Mart main purpose
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contribute money to society and community, and gain good reputation which lead to higher profits. To maintain the reputation, companies are developing, implementing, and submitting CSR report in order to maintain transparency with the public and shareholders to gain their trust. Some companies took CSR report as strategy to raise profits. For example, General Electric (GE) CEO Jeffrey Emmett said they will double their profit by developing product with green technology “We plan to make money doing it”
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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
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definition of Corporate Social Responsibility (CSR) ranges from companies’ internal management to bigger projects for social welfare (Sharma, et al. 2009). An example of CSR would be companies respect employees’ basic human rights or firms donate money to society for charity. There are several incentives for companies to establish CSR and it can also have an impact on improving the relationship with employees and consumers. There are some who would argue that top priority should be given to corporate
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on the other hand he has an opportunity to grow his business into a nationwide company that in essence will generate more money for him. The ethical question though is what does he do? As a small businessman he does not know anything about big corporate business and he has a fear that if he takes this opportunity he might mess up and destroy his business, integrity, reputation and the faithful customer base he has established. As his advisor I would tell Ernesto to take the offer and go for mass production
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Effects of Cybercrime Name: Course: Course code: Tutor: Date: Effects of Cybercrime Introduction According to Brenner, Cybercrime, commonly known as e-crime/computer crime, is a criminal act whereby computer or computer networks serves as a target, location, means or as the source of the activity. Its scope covers all the criminal activities revolving around the computer. Such malicious activities include identity theft, web site defacement, financial fraud, and cyber bullying. In an organization
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well experience structure . 3. Five need of evry customer :Good Service , Good price , good quality , good action , well good appreation. 4.The reason why customer service should keep a very good relationship with both external and internal customers is simply because both customer have a vital and important role to play wether the bussiness goes forward or backward, external and internal has the power to enhance or lower reputation because external would leave the bussiness and go and tell people
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Assignment 1 Introduction In this business assignment we will be investigating JCB and Rotary as businesses, analysing the factors that affect a business. This will include stating stakeholders for these businesses and understanding how each one of them may affect business activities. These stakeholders include trade unions, employees, local communities, customers and many more. We will also be investigate economical, environmental, political, social, legal factors on these businesses and explain
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more than 700,000 employees in the coca cola system worldwide. It is still the world’s largest beverage company, with more than 1.6 billion beverage servings sold each day. The company concentrates on maintaining its reputation which is considered vital. Having a good reputation means more
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