Carroll, Archie B. The Pyramid of Corporate Social Responsibility: Toward the Moral Management of Organizational Stakeholders, Business Horizons, July-August 1991 For the better part of 30 years now, corporate executives have struggled with the issue of the firm’s responsibility to its society. Early on it was argued by some that the corporation' sole responsibility was to provide a maximum financial return to s shareholders. It became quickly apparent to everyone, however, that this pursuit
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The Importance of Ethics in Entrepreneurship This essay emphasizes the importance of ethics as a basis for successful entrepreneurship in any environment and under all circumstances. Let us first look at the meanings of entrepreneurship and ethics, respectively. Hisrich, Peters, and Shepherd (2010) defines entrepreneurship as “the process of creating something new with value by devoting the necessary time and effort; assuming the accompanying financial, psychic and social risks and uncertainties;
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Fall 14 Business Ethics Assignment MIDDLE EAST BOYCOTT FOR COCA-‐COLA’S PRODUCTS SOCIAL ISSUE T h e C o c a -‐ C o l a C o m p a n y Business Ethics Assignment February 10, 2014 Table of Contents 1 2 3 OVERVIEW OF THE COCA-COLA COMPANY...................................................................... 3 OVERVIEW OF THE CSR ISSUE...............
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issue (Iwanow and McEachem, 2005). After this Saipan sweatshop incident, the stakeholders of Gap Inc. placed huge pressure on the company management (Smith, 2004). As a result, Gap Inc. went through a thorough reflection on business ethics and corporate social responsibilities (CSR). Finally, the company made a decision to shift from the Utilitarianism approach to
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Ethics and Social Responsibility Essay Nampung Panpaisal Northeastern University College of Professional Study The general purpose of project management is to advance the projects toward success, which includes ensuring they are completed on time, within budgetary constraints, of high quality, and they accommodate the assigned responsibility. To accomplish projects, laborers may capitalize on various theories and principles as guidelines. Examples of this include following project management
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Ethical and Socially Responsive Business BUS100 Ethical and Socially Responsive Business “Ethics and social responsibility often discussed in the same breath are closely related but they are definitely not the same. Ethics refers to sets of beliefs about right and wrong, good and bad; business ethics involve the application of these issues in the workplace. Social responsibility is the obligation of a business to contribute to society. The most socially responsible firms feature proactive
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Marketing ethics and social responsibility • have grown in importance over the last few years because many firms have seen their image, reputation, and marketing efforts destroyed by problems in these areas. • have become necessities in light of stakeholder demands and changes in federal law. • improve marketing performance and profits. • are important considerations in the development of marketing strategy. Social responsibility • is a broad concept that relates to an organization’s obligation
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PharmaCare’s Ethics and Social Responsability Gladys T. LEG 500 02/22/2015 PharmaCare is named among the most respectable pharmaceutical companies in the world. It is said to be an honorable and well-run organization that produces high- quality products that have not only saved millions of lives but also improve the quality of lives for millions of others. However, looking into the company mode of operation, we notice some significant discrepancies between its ethics and its commitment
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Corporate Responsibility and Marketing Strategies 28 April 2014 Corporate Responsibility and Marketing Strategies Apple is a multinational corporation based out of Cupertino, California. Apple was founded in 1976 by Steve Jobs, Ronald Wayne and Steve Wozniak. The Apple Corporation has very strong ethical and social responsibilities within the corporate world. They have also violated a lot of these ethical and social responsibilities which has caused it to hurt Apple Corporation’s reputation
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BALM111 BCD140 BSB203 PRINCIPLES OF BUSINESS MANAGEMENT CAT 1 BALM/NRB/5120/13 Dorothy Awuor Obura Submitted to: Mbiyu Muhugura 15TH February, 2014 1) Describe management in terms of its functions (5 marks) Ans. According to Mary Parker Follett, “Management is the art of getting things done through other people” (Medical and Urwick 1941). Below are various functions of Management 1. Planning: This is a managerial function that determines in advance what
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