in the west. On the other hand the recognition of importance of corporate social activities in the business organizations as well as in financial institutions has accelerated the significance of Islamic banks as in Islam these CSR practice have been emphasized in different ways. Likewise the Islamic financial institutions all over the world, Islamic banks in Bangladesh are also being engaged in various social activities as a part of their responsibilities. In this study it has been tried to find out
Words: 5321 - Pages: 22
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
Words: 2225 - Pages: 9
In times of economic crisis, managers are continuously looking for ways to improve their productivity and organizational environment in order to sustain the business or company. Retention, however, has become a major obstruction facing the leadership. What exactly is causing this sudden changes are a number of issues contributing to this movement, namely the global trends.According to Macmillan( 2011) he says Global trends are changes that takes place world over that affect businesses and are beyond
Words: 1790 - Pages: 8
Melbourne, Australia Email: adela.mcmurray@rmit.edu.au Dr. Konrad Peszynski School of Business Information Technology, RMIT University, Melbourne, Australia Email: konrad.peszynski@rmit.edu.au 1 Foreign Investment and the Sustainability of Malaysian Bumiputera Technology-Based Firms ABSTRACT In the new global economy, the importance of inward foreign investment towards a country’s economic growth has become a central issue, especially amongst developing countries. Nevertheless,
Words: 8065 - Pages: 33
years ago. The minimum wage today is less compared to the minimum wage of 1981. The base pay needs to be raised for the good of the people, and the good of the country. Increasing minimum wage in the United States will reduce its poverty, boost economic activity, and benefit and reward
Words: 1126 - Pages: 5
Challenges and Prospects of Entrepreneurship in Nigeria Abtsract The success of generating income for majority of rural and urban dwellers with no formal paid employment highly depends on Entrepreneurship. They are the backbone of economic development all over the world and play important role for employment, Income and societal changes, particularly in transition economies like Nigeria. This paper is concerned with the nature and the extent to which entrepreneurship in Nigeria has been developed
Words: 5924 - Pages: 24
Research paper The functions of management Content 1. Introduction…………………………………………………………...3 2. The nature and content of management functions……………………5 3. The main functions of management…………………………………..7 4. Characteristics of main functions of management ………………….12 4.1. The planning function……………………………………………..12 4.2. The function of the organization ………………………………….13 4.3. Function motivation……………………………………………….14 4.4. Monitoring
Words: 6993 - Pages: 28
INTERNATIONAL BUSINESS Definition of international business International business involves commercial activities that cross national frontiers. It concerns the international movement of goods, capital, services, employees and technology; importing and exporting; cross-border transactions in intellectual property (patents, trademarks, know-how, copyright materials, etc.) via licensing and franchising; investments in physical and financial assets in foreign countries; contract manufacture or
Words: 6932 - Pages: 28
Executive Master of Business Administration Faculty of Economics and Administration King Abdul Aziz University International Business Syllabus Instructor: Dr. Hisham J. Bardesi Office Hours: 11-12 (S, M, W) Contact Information: hbardesi@kau.edu. Course Prerequisites: See Program’s Study Plan Course Title: International Business (BUSE 608) Text Book: Hill, Charles W. International Business. McGraw-Hill. 9th Edition. Course Description: The basic content of the course includes (1) an overview
Words: 1088 - Pages: 5
Responsibility of Business is to Increase Profit What is the social responsibility of a business? Is it to increase profits as American economist Milton Friedman argues? Is it to make decisions that benefit and protect society? According to the Dictionary of Finance and Investment Terms, social responsibility is the “principle that businesses should actively contribute to the welfare of society and not only maximise profits”. In my view the statement ‘the social responsibility of business is to increase
Words: 759 - Pages: 4
