In the second module‚ Organizational culture was discussed. It is said that culture is corporate personality. Culture includes the underlying values‚ beliefs and norms which govern the behavior of people as members of an organization. I have learned that it so important in an organization for it influences success of people in organizations and it is also considered as one of the six key strategic building blocks of successful organizations. There are five key aspects of culture and these include
Free Culture Sociology Customer
tells us? First of all‚ it tells us that the inventory strategy is consistent regardless of how CSO sales and overall profit from operations perform. This strategy was launched so that the De Beers could control demand and prices. Evidently it also shows that the 1980’s bust is a low peaking point for De Beers‚ as inventory levels for the first time is significantly higher than OP and CSO SALES. Q2. Please briefly talk about the recent boom-and-bust The 1970s were a turbulent time for the diamond
Premium Diamond Blood diamond
Corporate Social Responsibilities Tony Fernandes‚ CEO of Kuala Lumpur-based Air Asia started a low-cost airline at a time when everyone thought he would fail. He placed high emphasis on his workforce and flexible HR strategies. During the past few years‚ Air Asia has become one of the best low-cost airlines in Asia and it has also boosted its CSR efforts. Fernandes’ basic sense of CSR starts with his people: Air Asia was one of the first airlines in Asia to hire female pilots. He says that his staff
Premium Low-cost carrier Airline Tony Fernandes
environmental concerns when making business decisions. And this has makes CSR integral to the way of the business related to the world and potential of being success. As there is no universal standard for CSR‚ CSR can be defined by actions such as integrating social‚ environmental and economic terms into business value and actions. One of the examples would be treating the employees from foreign countries fairly as the local employee. Many businesses believe that by implementing CSR activities they will be able
Premium Corporate social responsibility Strategic management Game theory
Companies have a social responsibility to perform and behave in particular ways. A company has a responsibility to ensure that any stakeholder’s needs are being met. The Toyota Corporations history and goals are as follows; “Toyota Motors is a Japanese automobile manufacturer founded in 1933. Toyota accounts for 78 percent of all the hybrid gas/electric cars sold in the United States. They are working to become the largest car-seller in the world‚ and in the first quarter of fiscal year 2007‚ for
Premium Carbon dioxide Toyota Prius Toyota
consistent management‚” M&T Bank demonstrates how doing ordinary business benefits society around them. M&T Bank’s policies on Equal Employment Opportunity (EEO) complete the necessary requirement of Mandated Actions under their scope of Corporate Social Responsibility. They state‚ “it is the policy of M&T Bank to provide equal employment opportunities – without regard to race‚ color‚ national origin‚ religion‚ ethnicity‚ sex‚ gender identity‚ age‚ disability‚ citizenship‚ pregnancy‚ veteran status‚
Premium Affirmative action Equal Employment Opportunity Commission Corporate social responsibility
JR: EXEC ADVISER AUG 10 The Case Against Corporate Social Responsibility The idea that companies have a duty to address social ills is not just flawed‚ argues Aneel Karnani. It also makes it more likely that we’ll ignore the real solutions to these problems. By ANEEL KARNANI August 23‚ 2010 Can companies do well by doing good? Yes—sometimes. Journal Report Read the complete WSJ Executive Adviser report . But the idea that companies have a responsibility to act in the public interest
Premium Public interest Welfare Corporate social responsibility
The Case Against Corporate Social Responsibility Dr. Karnani shows in this article from the Wall Street Journal‚ the pros and cons on whether businesses should be required to implement social welfare initiatives. For some companies‚ this idea is a win-win situation but there are other businesses that in order to promote these initiatives‚ they would have to lose profits. The idea of people helping people sounds very good but we have to be realistic‚ we are living in a capitalist country
Premium Social responsibility Public interest Government
THE CASE AGAINST CORPORATE SOCIAL RESPONSIBILITY According to my point of view‚ the writer of this article makes a controversial argument against Corporate Social Responsibility. He defines Corporate Social Responsibility as the increasing popular idea. His basic argument against this idea is twofold. First he argued that if profits and public interests are aligned‚ Corporate Social Responsibility is irrelevant. But I think that Corporate Social Responsibility is not irrelevant. The fact that
Premium Corporate social responsibility Regulation Profit
Part A - Challenges of responsible business Introduction With the globalisation of world business‚ China has become an appealing market for foreign investors (Zhang‚ 2004); a large number of these entered the Chinese market by forming joint ventures or participating in mergers and acquisitions. The development of cross-national business‚ on one hand‚ has created tremendous opportunities for global collaboration among different countries; on the other hand‚ however‚ it has also created a unique
Premium Ethics Business ethics