A. It is important for a business to be socially responsible, not only to financially benefit their shareholders and investors, but also for moral and ethical reasons. Company Q has the attitude that maximizing profit is their only priority. They closed two stores due to profit loss. Within the remaining stores, they have chosen to limit the products that the community is requesting as they are high-margin items. Instead of choosing to help the community by donating their day-old products to
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CSR 4. how can hsbc gain from implementing these programmes? 匯豐銀行怎麼能從執行這些方案中獲益？ * hsbc can enhance its image and reputation as many members of the public regard hsbc as a responsible corporate citizen, which may help hsbc win more customers. in the long run, when people treat hsbc as their preferred bank and do more business with the bank, the bank can reap large profit from customers loyalty 匯豐能增強公眾對於匯豐銀行的形象和聲譽，許多成員作為一個負責任的企業公民，這可能有助於匯豐銀行贏得更多的客戶。從長遠來看，當人們把匯豐銀行作為他們的首選銀行，做更多的業務與銀行，銀行就可以收穫客戶的忠誠度較大的利潤
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Importance of Being Successful I know I have made the choice to do things differently this years. I am no longer going to accept unsatisfying results, where I feel I’m putting in the long hours, but nothing ever seems to change. It is now time to unleash my magnificence to awaken that achiever who stares back at me from the mirror each day, light the fire of inspiration and desire under my feet, and pulls the trigger on my potential. I am an important part of this amazing world and a contribution
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Personal Responsibility Monica Solano Gen 200 Dr. Douglas Miller Personal Responsibility As I have been growing up I have learned the importance of personal responsibility. I have a personal responsibility to my family, health, and school. I have responsibility to my family especially my son by being a committed person and hard worker to provide for him. I have a responsibility to maintain a healthy lifestyle to be able to provide for my son so that I do not get sick often and not jeopardizing
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Conclusion It can be noted that people or stakeholders expect firms not only to perform the traditional function of providing goods and services to all citizens who are willing to pay for them, but also to help society solve its problems. If these things are generally seen as desirable, and the firm does them, then it is socially responsible. If the firm does not, then some people may feel it is irresponsible. In this respect, it is illustrated that businesses like British Petroleum has been able
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A social group is two or more people who interact with each other on a regular basis in routine ways. The people in a social group share a common sense of membership, and identity. A society is not a social group. In a society there are social groups. Within society, not every member interacts with all other members on a regular basis. Social groups differ from an aggregate. An aggregate is not a group, it is a collection of individuals who share the same physical space for a short period of time
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Responsibility is the action taken to uphold you on a personal level to let yourself become a better person. Being responsible especially on a personal level is not an easy task as it also deals with ethics, morals and being dependable and the sort in a sense that is a responsibility in its self. My number one responsibility is being responsible for my actions and suffering the consequences if I do something wrong. In the same sense if I do what’s right I will reap the rewards so to say.
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1. How would you characterize Timberland’s exercise of its corporate power in society? Is Timberland using its influence responsibly? If so, how? Timberland’s exercise of its corporate power in society can be characterized as Corporate Social Responsibility. Timberland, from its inception in 1918 to being bought out by VF Corporation all the way to present day, has been acting responsibly to the community and makes an effort to better society in general. While they continue to be 100% accountable
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Running head: Cause-Related Marketing Cause-Related Marketing Alvina Burch Everest University Write about three things you can do to take your role as a socially responsible customer more seriously. The discussions of the social responsibilities of a business are notable of their analytical looseness and lack of rigor. What does it means to say business has responsibilities? Only people can have responsibilities. A corporation is an artificial person and in this sense may have artificial
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The Social Responsibility of Business is to Increase its Profits by Milton Friedman The New York Times Magazine, September 13, 1970. Copyright @ 1970 by The New York Times Company. When I hear businessmen speak eloquently about the "social responsibilities of business in a free-enterprise system," I am reminded of the wonderful line about the Frenchman who discovered at the age of 70 that he had been speaking prose all his life. The businessmen believe that they are defending free enterprise
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