organisations use International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS) in preparing their general purpose financial statements – the year-/period-end statements prepared for users: shareholders and external stakeholders like employees‚ tax authorities‚ banks and financiers. The IFRS and IAS tell accountants and other preparers of financial statements how to account for transactions and events‚ and what to disclose‚ within the accounts. D MA TE RI
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Corporate Responsibility and Marketing Strategies Dr. Tonya D. Moore Contemporary Business January 28‚ 2014 Introduction Corporate responsibility and Marketing Strategies are essential in today’s market and to any premier company in this day and age. Researching Apple’s ethical and social responsibility and their position will allow the consumer to determine if the company is meeting or exceeding their responsibility. Exploring the publications which documents the impact of the company’s
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1. Title – The Path to Corporate Responsibility 2. Issue Identification – The main issue presented in this case is that corporate social responsibility takes a lot of work‚ insightful leadership‚ a restructuring of a company’s operations‚ and sometimes a trigger from outside critics of your normal business practices to actually bring about an organization that is a leader in ethical business practices. 3. Facts - What are the key facts/data to be considered here? - Businesses don’t
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firm to follow in order to be more socially responsible? The issues of social responsibility within a technology field usually fall within two areas: environmental and social‚ specifically labor. Somewhere there is a balance between product quotas and corporate social responsibility. Public opinion and clever communication often determines the outcome. In 2005 Apple began a supplier code‚ which stated Apple’s corporate stand on issues like employee workload‚ child labor‚ and proper wages. Since
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Corporate Social Responsibility (CSR) Chapter 1 Introduction Corporate Social Responsibility is a rapidly developing‚ key business issue. It is a concept that has attracted worldwide attention. Due to the demands for enhanced transparency and corporate citizenship‚ CSR started to embrace social‚ ethical as well as environmental challenges. Today‚ companies are aware of the social and environmental impacts of international production. It is accepted that Companies should not be only profitable‚
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in Western nations and criticism over the healthiness of its products‚ the company has modified its menu to include healthier alternatives such as salads‚ wraps‚ and fruits (McDonald’s). The Fast food industry is somewhat fragmented. The seven major competitors only account for 47% of total revenues; McD has 13% of The Fast Food Restaurant industry. The Quick Service Restaurant and Fast Food Hamburger Restaurant category are extremely competitive because each Fast Food Hamburger Restaurant offers
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CORPORATE LEVEL STRATEGY OF APPLE COMPUTER INC. Low level of diversification (1976-1996) To examine what strategies have been used by Apple‚ we divided the period into two ages. The first age is in between 1976 until 1996 were we can observe that all the products sold by Apple were computer related. They started with Apple 1 and continuously developed their products up until the evolutionary of Macintosh. However‚ their development restrained only to computers‚ chips and software which indicates
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Role of Higher Educational Institutions in Corporate Social Responsibility By Ms. Susan Abraham Assistant Professor‚ SCMS School of Technology and Management‚ SCMS Campus‚ Muttom‚ Aluva ’ 683106 Email: susan2112@gmail.com Phone: 9495114276 Abstract Higher educational institutions in India have been contributing to the knowledge base of our country. They have been enrolling students at the rate of 10 percent in the year 2007. Privatisation of these institutions has brought in
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NIKE AND ITS APPROACH TO CORPORATE RESPONSIBILITY Nike is building a new approach to corporate responsibility (CR) that consider how it can harness the power of its business to influence social and environmental change‚ and the power of that change to help its business grow. Nike is made up of many smaller business units as well as functions‚ regions‚ distinct profit and loss centres and the like. As of 2006‚ its over acting goal was to see each and every business unit incorporating CR goals into
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Apple Mini Case SWOT Strength: 1. Strong brand name and customer loyalty. Weakness: 1. Limitation on customer segmentation because Apple has limitation on its price and product varieties. Opportunity: 1. Chinese economy is still booming right even though the economy is kind of slow down right now‚ it still has a lot of room to grow. If Apple could catch the chance‚ for sure it has a lot of business opportunities. 2. Largest population in China so there is a lot of potential customers
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