Final Examination : Essay Question 1. “Critically analyse the CSR concept using examples from what you have read” ‘Corporate Social Responsibility’, abbreviated to CSR, is the concept that businesses have a social responsibility towards society that encompasses economic, legal, ethical and discretionary expectations. It goes on to highlight how a company can be deemed a ‘corporate citizen’ only if they fulfill the economic, legal, ethical and philanthropic expectations of their stakeholders
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expands, businesses are faced with challenges of maintaining social responisibility through the enviroment while at the same time generate profits for their shareholders. Can a business achieve both goals without jeopordizing their economic value? In order to answer this we analyze three factors that directly affect green business strategies. Ethical consideration – Ethical consideration happens on four different levels: personal, economical, societal/enviromental, and technological. Throughly analyzing
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Sample Answers to Questions 1 and 2. Most of you did well on questions 3 and 4, so here I post only sample answers to questions 1(a) & (b) and 2: 1(a) & 1(b): Question on whether moving production to China is ethical; Question on the economic and social costs and benefits of such a move. Sample Answer (A) Note: this student earned high grades for looking at the issue from multiple perspectives, for looking at the benefits and costs to all major stakeholders, and for acknowledging that
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manifesto for the organizations of the 21st Century In many ways, today’ organizations are working very well. But few institutions s anywhere -- be they educational, governmental, community, or business institutions -- are serving societies' and invididuals’ needs as well as they could. In particular, business institutions, while arguably the healthiest of society's institutions, are operating far short of their potential to contribute broadly to societal well being. Today’ firms are more technically
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Learning objective from case: • The decisions entrepreneurs make as they identify and shape opportunities and the business model implications of those decisions • How changes in the environment make possible new opportunities that require changes to a business model • How business model choices are framed as assumptions that are linked to cash flow forecasts and how changes in those assumptions influence risk and uncertainty when launching a new venture Founder -Patrick Hunnewell: • Graduate
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QUESTION ONE a) The current ratio increase is a favourable indication as to liquidity, but alone tells little about the going concern prospects of the client. From this ratio alone, it is impossible to know the amount and direction of the changes in individual accounts, total current assets, and total current liabilities. Also unknown are the reasons for the changes. The decline in the quick ratio to 0.8 is an unfavourable indication as to immediate liquidity, especially when the current-ratio
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Should We Cry For Argentina Question 1: Argentina’s peso was linked to the U.S. dollar through a currency board for 10 year before it was cut loose. Why did Argentina peg its currency to the dollar in the first place? Answer: In the initial time of 20th Century, Argentina was one of the wealthiest and successful economies in the world. Situation started changing after World War I, Argentina started undergoing slow economic growth rate because of bad policy, political gridlock and adverse change
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Guide Taylor’s University Undergraduate Business Programmes BUS1604/ECN60104 Microeconomics March Semester 2016 ______________________________________________________________ TUTORIAL 1 (WEEK 2): INTRODUCTION - THE NATURE AND METHOD OF ECONOMICS. THE ECONOMIZING PROBLEM (CHAPTER 1&2) CLASS ACTIVITIES: • Recap Lecture 1 • Tutorial exercises LEARNING OUTCOMES: Understand the meaning and significance of economics. Distinguish between microeconomics and macroeconomics
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Journal of Business Research 52 (2001) 263 ± 275 The behaviour of international firms in socio-political environments in the European Union Amjad Hadjikhania, Pervez N. Ghaurib,* b Uppsala University, Uppsala, Sweden Faculty of Management and Organisation, University of Groningen, Landleven 5, 9700 AV Groningen, Netherlands Received 1 March 1998 a Abstract Most of the earlier studies on international business ignore the influence of the political actors and the environment on the internationalisation
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RES/ 351 – Business Research Assignment: Stages of the Research Process. Professor: Stages of the Research Process Research is investigation a study to basically establish facts in a particular area of study; the main goal is to get as much as information, in this case “ facts”, that can be set until you are able to come into a conclusion. In the reading passage it states, “ that a useful way to approach a research process is to state a basic dilemma that prompts the
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