1.1 Limitations of the Study
While preparing the report several difficulties had to be faced
Non-price competition involves two major elements: product development and advertising. The major aims of product development are to produce a product that will sell well (i.e. one in high or potentially high demand) and that is different from rivals’ products (i.e. has a relatively inelastic demand due to lack of close substitutes). For shops or other firms providing a service, ‘product development’ takes the form of attempting to provide a service which is better than, or at least different from, that of rivals: personal service, late opening, certain lines stocked and so on.…
the main character, Edna Pontellier. She argues the basic conflict of how Edna experiences the tension of sexual initiation while struggling for self-assertion and identity. In my research paper I will use this source to represent how The Awakening shows the theme of oppression of self-identity. I will incorporate this source as one of my examples for analyzing the theme of oppression of self-identity.…
In global markets, modern corporates have significant power to exercise a positive influence in the countries, where they buy goods and services from global suppliers in bulk. Recognising this influence is the first step to understand the contribution of the modern corporates in developing countries’ economies and in turn their self-benefit. As being giant firms at one end of the buying chain with the cost reduction advantage, they shouldn 't be reluctant of getting involved and operate with the suppliers to improve working conditions and comply with the ethical trading regulations. Business Corporations should also think and take responsibility for the environment around them. Taking this responsibility is the first step to recognize Corporate Social Responsibility. Corporate Social responsibility is when a business monitors and ensures its active compliance with the spirit of the law and ethical standards. It is a process with the aim to embrace responsibility for the company 's actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere. The concept of CSR is well explained by Gordan Brown, Chancellor of Exchequer, that in this era Corporate Social Responsibility goes far beyond the old trend of the past (donating money to a good cause at the end of the year) And is now an all year round responsibility the companies accept for the environment around them. To provide best working practices, the engagement in local communities and for their recognition that brand name does not only depend on quality, price and uniqueness but how they interact with companies’ workforce, community and the environment.…
While discussing about the business ethics and corporate social responsibility (CSR) of any business organization, it is necessary to mention that although both the concepts might overlap each other as far as their operations are concerned, yet their goals remain the same for the organization. While ethics involve the individual actions within an organization, the CSR constitutes the organization’s performances and activities as a whole that have direct influence on its stakeholders, customers as well as on the environment. In the present times, organizations are found to have become more concerned about CSR and thus several measures can be found to be considered in this regard (Mullerat, 2010, p.48). The present study focuses on learning about the CSR activities of Starbucks Company and the different issues that the organization addresses.…
Some of the most debated Phantom of the Opera topics on the Web are as follows. Raoul or Erik (the Phantom), who is superior to the other and who did Christine Daae truly love? Would The Phantom have given her a normal life the way that Raoul could? Who should Christine have ended up with? Although popular opinion tends to be in favor of Raoul, Erik is the right choice.…
In the modern worlds socially conscious business environment it is unwise for any large business organizations to limit its concerns to increasing profits. With the rise of the socially active and political aware consumer, companies in addition to their economic and legal obligations must also consider their ethical and discretionary responsibilities to society.…
Many companies fail to imply a good effective CSR to a business and this can have an overall effect on the company’s process. CSR is basically for a company to have an overall positive impact on the environment, consumers, employees, stakeholders and communities. I will be discussing and implying sources and concept to my chosen company Primark and discuss where they failed to add CSR to their company. A good use of CSR in a company can be the fulfilment of social or environmental goals, as opposed to a business that tries to achieve its financial goals while minimizing any negative impact on society or the environment. These businesses are called Social Enterprises.…
The article focuses on why companies engage in corporate social responsibility and the costs and benefits that may result. The many reasons that motivate companies to include CSR in its operations range from wanting to be good global citizens, trying to look good in the eyes of different stakeholder groups, trying to retain employees, drawing consumers to buy a company’s products or services, environmental concerns, or trying to reduce being the target of additional regulations. Identifying costs and benefits and estimating costs and benefits are measurements that may be useful to managers in their assessment of CSR. There were various examples illustrating the measurement of CSR costs, i.e., cash contributions less the reduction in taxes, product contributions and product cost in terms of labor, materials and overhead, opportunity costs like investments that may have yielded more return than the cash or product contributions. CSR benefits were also presented with examples like tax credits to companies for sustainability efforts and using “green” materials and practices in construction of buildings. Free advertising as a result of some corporate good deeds is beneficial in terms of reputation and maybe even sales. Recruiting and retention of employees can be a benefit by having motivated and loyal employees that want to work for a company that’s recognized as “socially responsible.”…
Initial identified competitors offering green wedding services in the UK and and the regions where Manor House is based.…
Abstract: Starting from the times of barter system to today’s modern era of plastic money, the mankind has trodden a remarkably long path. Undoubtedly “profitability” has always been the driving force and an undercurrent behind all this development; but as every coin has two facets; growing cut throat competition and business rivalries started taking heavy toll on the quality, transparency, environment and the society in general endangering the peaceful coexistence of business and society. The businesses houses started realizing that they would have to rise over and above the profitability and take care of all those associated with their survival in the society directly or indirectly. This realization resulted into the concept of Corporate Social Responsibility (CSR). This research paper moves around developing an understanding about the corporate social responsibility (CSR), delving into its concept and finding out its scope taking the case study of the TATA Group under Mr. Ratan Tata who has exemplified the sense of responsibility towards the upliftment of common masses and protection of the environment and development of the nation. Keywords: Corporate citizenship, Corporate social responsibility, Employee, Productivity, Profitability, Society, Stakeholders. I. Introduction…
view it is blight in our economy. Regardless of these views, they do represent a…
Gone are the days where powerhouse companies focus all of their resources in developing a strategy to increase their profitability. In the past, companies are satisfied as long as their financial performance is strong. However, today, with numerous factors coming into place, firms cannot afford to focus on just the financial aspect of their operations. A strong financial performance is not enough for the company to achieve a long-term sustainable growth. Profitability may be enough in the short run, but not in the long-run. For this very reason, firms engage in different activities that not only maximize their welfare, but also the welfare of the people who are related to them. These stakeholders form a big part of the company’s sustainable growth, which makes it appealing for the companies to be active in corporate social responsibilities (CSR). CSR became widespread due to a lot of factors and some of them are pressures from non-governmental organizations (NGOs), activists and multinational companies who spreads their CSR beliefs and practices (Beckman et al, 2009). These pressures forced firms to be active in CSR, which is actually beneficial not only to the…
• To know the IMF’s role to meet the changing needs of its member countries in an evolving world economy.…
I have encountered several difficulties throughout the research process. Some of the difficulties are worth mentioning here for the future researcher’s n this issue to help them enable to overcome the difficulties:…
Our government declared a vision of Digital Bangladesh by 2021 to ensure services at peoples’ doorsteps. In line of this vision a total number of 4,501 UISCs (Union Information and Service Centers) have been established at all Union Parishads of Bangladesh. These e-Service access points are inaugurated simultaneously on 11th November, 2010. As public interest in the Internet and e-Technology solutions continues to grow, there is an increasing expectation that they will be utilized in national and local governments for not only more efficient governance but also improving public access to information and services of government. Bangladesh government has dreamt of ensuring approachability, expediency, transparency in Service Delivery through electronic ways and instruments to the door steps of the citizens. The e-Services aims to provide the facility for citizens to submit online forms for the services identified by the state to be delivered online. Apart from these, these services will provide the Government Departments with opportunity to access and process the systems.. UISC is service providers patronized by the government and operated & maintained by the entrepreneurs in union levels to deliver services (Government Services, Information Services and Commercial Services) to the people of respective unions. It is a one-stop service outlet located at Union Parishad office. Entrepreneurs are self-employed, they…