Chapter Ten Business Ethics/ Social Responsibility/ Environmental Sustainability Chapter Objectives 1. Explain why good ethics is good business in strategic management. 2. Explain how firms can best ensure that their code of business ethics guides decision making instead of being ignored. 3. Explain why whistle-blowing is important to encourage in a firm. 4. Discuss the nature and role of corporate sustainability reports. 10-2 Chapter Objectives (cont.) 5. Discuss specific
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Strengths Amazon has proven to be a successful and profitable organization in terms of growth‚ with a current net income in 2008 of 663 million dollars. The company uses Customer Relationship Management (CRM) and Information Technology to record customer buying habits‚ investing a lot of time and money researching customer trends. Doing this they are able to locate and prepare for sales estimated from previous years. A high percentage of their customers buy during the holiday season; knowing this
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To our shareowners: As regular readers of this letter will know‚ our energy at Amazon comes from the desire to impress customers rather than the zeal to best competitors. We don’t take a view on which of these approaches is more likely to maximize business success. There are pros and cons to both and many examples of highly successful competitor-focused companies. We do work to pay attention to competitors and be inspired by them‚ but it is a fact that the customer-centric way is at this point a
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Earth without forests is a picture that most of humankind could not presently conceive. Unfortunately‚ the Amazon Rainforest is on this path of devastation. With more than half of the world’s biodiversity in rainforests across the world and about 20% of the world’s oxygen produced by the Amazon‚ it is vital that the threat of deforestation comes to an end. It is widely known that trees across the globe are disappearing‚ but much of the general public is uninformed how urgent and serious the threats
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The Coher Premium 86 Harvard Business Review June 2010 1191 Jun10 Leinwand REV.indd 86 5/4/10 10:42:19 AM HBR.ORG Paul Leinwand (paul. leinwand@booz.com) is a partner at Booz & Company in Chicago. Cesare Mainardi (cesare. mainardi@booz.com) is managing director of Booz & Company’s North American business and is a member of the firm’s executive committee. ence Is your company disciplined enough to focus intensely on what it does best? by Paul Leinwand and Cesare Mainardi
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D. Cite at least one example of when your leadership had an impact on or changed a certain situation‚ and justify how an IE Master’s Degree program would help you to strengthen or improve this competence (400-600 words) The first project I was put in charge of was a small part of a larger project that dealt with analyzing the IT applications portfolio of a utility company. Our small team included myself and a newly hired analyst with little professional experience. As this was my first opportunity
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A baker is one who specializes in the manufacturing of baked goods. Baked goods include breads as well as desserts such as cakes‚ pies and all other kinds of food. The reason I have chosen this is because I like cooking every much. Some point I want to be baker and after having some good experience in it. I want to open my own restaurant in Goa. Salary:- Bakers can earn between £13‚000 and £19‚000 a year. With experience‚ specialist skills or supervisory responsibilities; this could rise to
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My first part is showing how our strategic investments boost our activity First‚ our gross profit on net sales ratio for 2010 is equal to about 20% like its main competitor‚ Staples‚ except that Amazon sales are three times superior to Staples sales. In fact‚ for 5 years‚ our average growth in sales has been 34% against 25% for the industry. This higher progression is due to investments in all aspects of the customer experience‚ including: lowering prices‚ improving availability‚ offering faster
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The Amazon Rainforest needs to be protected! If we do nothing to save the rainforest‚ our planet will be permanently damaged and there will be nothing we could do about it. The rainforest is basically the lungs of the earth. The carbon that will be released into the atmosphere will heat up the earth‚and possibly kill many plants‚ animals‚ etc. People are also doing things in the amazon that are killing many species of plants‚ animals‚ etc. Also‚ do do what is threatening these animals‚ developers
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The way the Brazil Government has used the rain forest for their people and what they have done to the Amazon tribes to affect life for them in the rain forest will also be in this report. The Amazonian Tribes arrived in the rain forest over ten thousand years ago. They are all descendants of other ancient civilizations in Latin America who formed tribes to survive the environment of the Amazon Rain forest. They began living in different parts of the rainforest
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