Social responsibility is defined as the organizations obligation to maximize their positive impact on stakeholders‚ and to minimize their negative impact on stakeholders. Social responsibility embodies what is fair as well as represents stakeholder’s rights. Companies have the social responsibility to be profitable‚ to obey the law‚ to be ethical‚ and to be philanthropic. For example‚ social responsibility has a strong relationship with profitability because if a company’s image or conduct is questionable
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21st century has proven to be an interesting period for businesses. With the invention of social media and the availability of information on-demand through the internet and mobile devices‚ businesses are constantly facing scrutiny from the public eye in regards to how they conduct themselves. Gone are the days of the 90’s when a business didn’t have to place much emphasis on their ethical responsibilities. Today however‚ a business must be very precise and careful in how it operates. Whether it
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relevant to CSR‚ such as labor‚ environmental protection and social welfare‚ is in place‚ there are many problems with compliance‚ such as difficulty with enforcement‚ frequent changes to the content of laws and regulations‚ and interpretation of laws being left up to regional governments. As solving those problems will strengthen corporations’ international competitiveness‚ achieve sustainable economic growth and increase corporate value‚ every company as well as the Chinese government is taking
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NCC Apple Corporate Analysis Introduction to Business APPLE‚ Inc. Nasdaq: APPL “Apple designs Macs‚ the best personal computers in the world‚ along with OS X‚ iLife‚ iWork‚ and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App store‚ and is defining the future of mobile media and computing devices with iPad”. This is the mission statement of Apple
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“Social Accounting Practices in India as a Corporate Social Responsibility” soniuttranchal@gmail.com Concept: The concept of Social Accounting originated in different forms by Adam Smith in 1776‚ Later on‚ Karl Marks and Engel also expressed their views about social costs in 1844. Pigou in 1920 also elaborated the divergence of Social and Private Costs. The concept of social accounting was clearly introduced in the 1970’s and later this concept received serious consideration from
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the foundation‚ which is to help‚ improved the quality of education. We want to clarify how Insular Life Foundation is related to over all mission and vision of the company? Answer: The foundation has its own vision‚ which is aligned to the corporate mission. “Committed partner for self-reliance and helping communities we served.” The key words in our vision are commitment‚ self-reliance and helping communities. When we say commitment‚ it refers to longevity. We make sure that in every project
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The Controversy of Homosexuality 12/23/2012 Outline: I. “I now pronounce you husband and husband”‚ when many people hear this statement whether in real life or in movies‚ it brings about many different opinions and reactions. Same sex marriage is still a controversial issue‚ and it’s questionable in many societies‚ in fact it is acceptable in very few communities in the world. People who oppose gay marriage are actually opposing unethical behavior that goes against many beliefs and different
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History Main article: History of Apple See also: Apple Inc. litigation 1976–1980: The early years The Apple I‚ Apple’s first product. Sold as an assembled circuit board‚ it lacked basic features such as a keyboard‚ monitor‚ and case. The owner of this unit added a keyboard and a wooden case. Apple was established on April 1‚ 1976 by Steve Jobs‚ Steve Wozniak‚ and Ronald Wayne‚[10] to sell the Apple I personal computer kit. They were hand-built by Wozniak[11][12] and first shown to the public
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| Why Corporate Social Responsibility Matters? | Individual Assignment | | | | | Student: Iderbat Bayaraa Lecturer: Jimmy Esplanada Executive Summary Corporate Social Responsibility is growing rapidly among international organizations. Every global or multinational big corporation should implement CSR initiatives. CSR provides companies with important opportunities‚ competitive advantages and so on. Samsung Electronics is one of the corporations which best implements CSR activities.
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Corporate Culture at Apple Apple has a very secretive corporate culture. Often employees will choose not to speak out about apple until they are no longer employed there. Apple goes to greater lengths than any other company in the valley to protect its creative and intellectual environment. Apple’s security policy extends to blogs‚ speaking engagements‚ and even what people talk about with spouses. Most employees get the policies and respect them as well. The New York times reported that
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