Chapter 5 Social responsibility and Managerial Ethics WHAT IS SOCIAL RESPONISBILITY? Two views of social responsibility The classical View * The classical View says that management’s only social responsibility is to maximize profits. * Management’s only social responsibility is to maximize profits (create a financial return) by operating the business in the best interests of the stockholders (owners of the corporation). * Expanding the firm’s resources on doing “social good” unjustifiably
Words: 2035 - Pages: 9
Report On Managing Human Resources Table of Contents Introduction: 1 1.1 Explanation of Guest’s model of Human resources management, soft and hard and loose and tight human resource management 2 “Soft” and “Hard” HRM: 2 1.2 Differences between Storey’s definition of human resources management, personnel and industrial relation (IR) practices 2 1.3 Implications for line managers and employees of developing a strategic approach to human resources management 3 2.1 How flexibility is applied in
Words: 3510 - Pages: 15
Management Concepts BUSN 302 Leadership Jeanette Wood Tangie Davis 3-3-2013 There are many types of leaders in the world, some that are born to lead and others that are born to follow. In my paper I hope to clarify that a little for you. When you get your first job, I think that the outcome of that job solely depends upon your attitude when you walk through the door. I am currently employed at a company with over 135,000 employees across 260 contact centers in 49 countries known
Words: 2146 - Pages: 9
Competitive landscapes are constantly changing, so managers must consider businesses and people from around the world. Globalization, innovation, technology, diversity, and ethics require comprehensive planning, and are essential in every aspect of management. One such organization is Apple, who uses strategic planning and organizational tools to successfully manage and market technology. Globalization is an external, driving factor that has a major impact on the way managers run
Words: 1485 - Pages: 6
Table of Contents MANAGING ORGANIZATIONS & LEADING PEOPLE-BIP2 Task 2 2 Evaluation of my Personal Leadership Style 2 Reflection on the Results of my Seven Habits Profile 2 Self-Leadership Evaluation 4 Strengths and weaknesses identified 6 Recommendations. 7 Goals to improve my leadership practice. 8 References 9 MANAGING ORGANIZATIONS & LEADING PEOPLE-BIP2 Task 2 Evaluation of my Personal Leadership Style Reflection on the Results of my Seven Habits Profile The Seven
Words: 3202 - Pages: 13
Organizational Behavior - MGT502 VU MGT - 502 ORGANIZATIONAL BEHAVIOR Lesson 1 OVERVIEW OF COURSE This subject/course is designed to teach the basic language of organizational behavior to diverse audience/students, including those who are studying this as a supporting subject for their bachelor degree program. This course is designed to provide you the foundations of organizational behavior whether you intend to work in any field of interest. Organizational behavior offers both challenges
Words: 81220 - Pages: 325
Challenges of Organizational Design Differentiation - differentiation = process by which an organization allocates people and resources to organizational tasks and establishes the task and authority relationships that allow the organization to achieve its goals à process of establishing and controlling the division of labor/the degree of specialization o necessary because of increased complexity with growth Organizational roles - - organizational role = set of task-related behaviors required
Words: 20567 - Pages: 83
Recruitment, selection, and diversity management in IKEA for its limits of homogeneity in China 1. Introduction In the article “China teaches IKEA limits of homogeneity”, the author presents the problems that IKEA has in its standardization in the Chinese market. The customer group, the pricing, and the culture make IKEA almost impossible to keep its homogeneity in its products and corporate culture. This article is an analysis on the marketing and sales perspective of IKEA. However, the problems
Words: 2740 - Pages: 11
discuss some of the factors that affect the functions of management in a global environment. From internal factors, such as leadership styles and company procedures, to external factors like political and economic risks, it is obvious that delicately managing employees, in order to affectively address those functions, is of utmost importance. Explain how internal and external factors affect the four functions of management (planning, organizing, leading, and controlling). Internal factors are factors
Words: 1470 - Pages: 6
social well being, they consider the communities in which they operate equal to the profits and bottom lines they seek to achieve. The SMO concepts of “Organizational effectiveness” and the four core issues to “The Way Organizations Are Managed” are introduced in this section, and are the key concepts discussed throughout the rest of the book. Organizational effectiveness states sustainable effectiveness should be achieved in three areas: people, planet, and profit, also known as the “triple-bottom line
Words: 3420 - Pages: 14
