are environmental factors. When a person is planning to purchase a car, environmental factors can have a significant impact (Kotler, 2000). Environmental factors that the consumer must be considerate of include laws and regulations. In the situation where the government has legislated laws that may affect the use of various kinds of cars, the consumer will think about them. Another consideration might be infrastructure. The consumer is expected to buy a car depending on its suitability in using it
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Cultural Value of Respect in Business Operations: A Case Study of Developing Communities Name Institution of Affiliation Chapter Two: Literature Review Introduction A work environment that is respectful, reasonable, and that values individual differences is a central part of building a positive workplace culture. Casson (2005) asserts that promoting respect is a managerial aspect that oversees workers as it creates a respectful and positive workplace and, consequently, increased employee productivity
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International Journal of Business and Management Vol. 4, No. 11 In-Depth Analysis of PC Industry in China Xiaojun Cui Department of Business Administration, Guangdong Radio and TV University Guangzhou 510091, China E-mail: xjcui@gdrtvu.edu.cn Abstract Personal Computer (PC) industry in China has experienced a rapid growth in China in recent years, and has played a more and more important role in the national economy. This motivates us to analyze the business environment and strategic
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identify the role of the internal audit in NPOs by focusing on key areas such as corporate governance, audit committees, risk management and internal controls in NPOs. We will look at corporate governance reforms relevant to NPOs, including provisions of the Sarbanes-Oxley Act that would be applicable to NPOs and some important attributes of the audit committee such as independence of members. We will highlight the role risk assessment plays in NPOs, the reasons to have a risk management function in NPO
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It represents not just a change to the commercial setting in which individual companies operates, but also a pragmatic response of a company to its consumers and society.2 It is increasingly being understood as a means by which companies may endeavour to achieve a balance between their efforts to generate profits and the societies that they impact in these efforts.3 This chapter discusses these issues. First, it describes CSR and its core principles. Second, it describes CG and narrates CG’s
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Contents Introduction to the company Bank of Ceylon……………………………………….4 Human Resource role and responsibility Service center………………………………………………………………..5 Corporate HR………………………………………………………………..6 Embedded HR……………………………………………………………….7 Center of Expertise…………………………………………………………..7 Operational Executors……………………………………………………….8 Conclusion…………………………………………………………………………...9 Reference…………………………………………………………………………….9 Introduction to the Company Bank of Ceylon Bank of Ceylon (BOC) was founded in 1939, with
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operational efficiency and ensure long-term productivity growth. Consequently, such corporations attract the best talent on a global basis. It also ensures the conformance of corporations with the interests of investors and society, by creating fairness, transparency and accountability in business activities among employees, management and the board (Oman, 2001). Again, GCG increase public confidence in a corporation, and lowers the cost of capital for investment. According to a McKinsey study (2002), over
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overall economy of an establishment. Auditing starts its journey where accounting end. In today’s society the exercise of an auditor’s to the economic and ethical leadership sets the bounding standard or in other words equips an auditor in such a way that recognizes him as a reliable body. With the growing conscious recognition of the importance of financial data in the ordering of everyday business and economic life, the need of basic economic facts is providing a constantly enlarging opportunity
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Management of Organizational Stakeholders, Business Horizons, July-August 1991 For the better part of 30 years now, corporate executives have struggled with the issue of the firm’s responsibility to its society. Early on it was argued by some that the corporation' sole responsibility was to provide a maximum financial return to s shareholders. It became quickly apparent to everyone, however, that this pursuit of financial gain had to rake place within the laws of the land. Though social activist groups
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organizations. Role and nature of organizational risk management Risk management considered one, of the best assets that an organization could have. They make sure the business is financial safeguarded when finding different business endeavors they interested in investing into to broadening their company enterprise. “The Risk Management Function has been regarded as an advisory function for senior management rather than a control function within the business” (Martin, P., 2010). For that
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