Week 3 Tiika Massenburg BUS 508 Dr. Alan R. Tillquist January 22, 2013 Sam Goldman and Ned Tozun are entrepreneurs who are started a socially responsible company. Their main goal is to bring light to the more than 1.5 billion people that are without light In 2006, Sam, now the CEO, and Ned, the President, classmates at Stanford’s Graduate School of Business founded D.light Design . Sam was in the Peace Corps in Benin and saw many children injured and burned by kerosene lamp accidents
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Final Project Refer to the section on Green Management in chapter five. List some pros and cons to companies moving into green management. Other than companies mentioned in your textbook, describe the green efforts of one company. If your company has moved into green management describe the efforts it is taking. Where would you label your company in the “Green Approaches” of exhibit 5-4? Organizations that are doing their part in being socially responsible are sometimes known
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Corporations have a responsibility to the society in which they operate and not merely to their shareholders. They have a fiduciary responsibility to shareholders and are in effect representing those shareholders in business, producing goods and services, amassing a return on the investment of the shareholders, and then returning a proper share of that return to those shareholders. If the corporation does not act with a sense of responsibility, however, that reflects badly on the corporation and
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computing experience to students, educators, creative professionals and consumers around the world through its innovative hardware, software and Internet offerings. Apple is committed to ensuring the highest standards of social responsibility in everything we do. The companies we do business with must provide safe working conditions, treat employees fairly, and use environmentally responsible manufacturing processes wherever Apple products are made. “To produce high-quality, low cost, easy to use
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children called “For A Brighter Future” In recent years, Social Responsibility has been highly appreciated by the public. More and more companies are aware of and take part in this issue. Hong Ha is said to be one of the most generous corporation by anticipating efficiently and regularly in many charity events. Therefore, I strongly believe that you may not miss this precious opportunity because it would be a good chance for your company to integrate the reputation as well as build up a better image
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suppliers and the outer society that will be affected by the conduct of the company. To make a response to the statement, “Corporations should not exist for purposes other than simply maximizing profits”, I studied two articles written by Milton Friedman and two responses written by John Mackey, the CEO and founder of the Whole Foods Market. In Friedman’s point of view, Friedman believes that “The social responsibility is to increase its profit.” Whereas, Mackey argues that “the enlightened corporation
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strongly about preserving the environment. Kelsey has a keen agricultural background, which can be seen in their local gardens and organic fruit and vegetable distribution (Apollo, 2011). Another key component to the city is the Huffman Trucking Company, which acts as a crucial part in the distribution of food and materials to the rest of the U.S. Furthermore, Kelsey Construction is comprised of some of the finest builders in the country (Apollo, 2011). In addition to the hard working members of
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why not? In my opinion, any company that’s founder is involved from inception until he/she is not physically/mentally capable any longer and then transitions to different leadership will be problematic. When Mr. Kamprad stepped down from IKEA in 2013, his three sons took over leadership. More than likely, they will never value and commit to the company like their father did. Hopefully Mr. Kamprad worked with his sons for years on the processes of the company and instilled the company’s mission
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must behave ethically and sensitivity towards environmental issues. Company uses ethics and social responsibility for developing strategic plan when considering stakeholder needs and agendas. Enron is one example when a company was overstepping ethical boundaries for stakeholder agendas. There are many preventative measures that are taken now. There are 10 things companies can take to avoid overstepping ethical boundaries. Companies should examine ethical climate. By seeing how their employees feel
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CHARLES AND KEITH BRAND PROFILE Charles and Keith Company was found by Charles Wong and Keith Wong in 1990. Initially founded as a ladies footwear brand, CHARLES & KEITH has since grown to include bags and accessories including belts, sunglasses, bracelets and tech accessories to their product line-up. Its brand of fast fashion and contemporary wear has garnered the brand an international following. The brand has achieved international success with their expansion plans since venturing into
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