E-commerce and CSR issues In the words of Alejo and Joan (2005), regarding E-commerce and its Corporate social responsibility issues, “Reality is virtual, virtual reality-the reality that exist in the form of bits and bytes activated by electromagnetic energy and made powerful by IT and the internet-has changed the way we relate to one another. It has also revolutionized economics and business”. The authors state that while e-commerce, the sale of goods over the internet, has boosted online
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Strategy 6 Stated Ethical Strategy 6 Stakeholder Analysis 9 Employees 9 Customers 13 Government 15 Suppliers 17 Shareholders 18 Communities 20 Institutionalization of Ethics 21 Explicit Components 21 Implicit Components 22 Corporate Environmental Management 23 Environmental Policy 23 Environmental Management Systems (EMS) 24 Crisis Management Policy 25 Overall Evaluations and Conclusions 26 Recommendations 27 Works Cited 29 Appendix 32 Appendix A - Cisco Code
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creating value for customers and shareholders, upholding business ethics, fostering responsible development, maintaining operational excellence, cultivating a strong workforce, and contributing to communities.” Values:“Safety, accountability, and social responsibility are our core drives.” Evaluating the vision statement, it does seem like it is directional, and is specific enough to provide guidance. Felton (2012) highlights an instance of the absolute safety policy wherein a contracted worker
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this sense may have artificial responsibilities, but ‘business’ as a whole cannot be said to have responsibilities, even in this vague sense.” (Friedman, 1970). M. Friedman believes that only the individual has social responsibilities. Business as an artificial entity cannot have “social conscience” and think of ethics before its interests or profits. According to Friedman, the primary responsibility of a businessman is to make happy the business owner with profits, and the primary task for the
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Corporate Social Responsibility is an evolving concept becoming more and more prevalent within our society today. It is a tactic for companies to “give back” to the communities they operate in and it includes the companies’ economic, legal, ethical, and philanthropic responsibilities to society in addition to the their fiduciary responsibility to shareholders. When executed correctly it can help companies meet these responsibilities and fulfill certain ethical obligations to society at large. Coca
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Starbucks and Corporate Social Responsibility There is no doubt what a corporate giant that Starbucks has become, but at what costs? Due to the rise of Corporate Social Responsibility in the media, Starbucks has been a company under much media scrutiny within the last couple of years, as have many other corporate bigwigs such as Hershey’s, Nike, and Ben & Jerry’s. There as been an uprising of ethical conflict facing the Starbucks in Chile that not only has impacted their economy, but their
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MBA 513: ORGANIZATIONAL BEHAVIOR &HUMAN RESOURCES MANAGEMENT In groups of 3 or 4 members— Students are acting as a team of HR consultants and have been instructed to prepare a PowerPoint slide show and presentation. Scenario:Each team has applied for a consulting opportunity with Company X as to provide Human Resources (“HR”) services. The team will guide and manage the overall provision of HR services, policies, and programs for the entire company. Of 300 candidates, the company has narrowed
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Question One: “FedEx has built superior physical, virtual and people networks not just to prepare for change but to shape change on a global scale…FedEx is not only reorganizing its internal operations around a more flexible network computing architecture, but it’s also pulling-in and in many cases locking-in customers with an unprecedented level of technological integration (Janah and Wilder, 1997; Annual Report 1999; cited in De Wit and Meyer, 2004, p.647).” In the context of the above statement
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The Role of Corporate Social Responsibility Name of members: Hoang Tu Anh Meng Qi Chu Thi Hong Le Tsoi Nga Ming INT1008 Introduction to financial accounting. Seminar Leader: Mark Gifford-Gifford Debbi Clarke Date of submission: 16 Nov 2011 Question: A company’s prime responsibility is to its shareholders. Why should a company spend increasing sums of money on its Corporate Social Responsibility? I. Why the prime responsibility of a company is to its shareholders? “A shareholder
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Jay Sizemore The Role of Ethics and Social Responsibility in Strategic Planning For most companies to be successful, companies must consider many ethical situations and many social responsibilities as critical parts, essential components of strategic plan. Ethical and social responsibility foundation must accommodate parts of the strategic process prior to decisions rather than following-profit decisions to receive the maximum benefit, e.g., corporate profits. The Role of Ethics in Strategic
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