In recent years‚ the concept of ethics and social responsibility are essential in the business world as society is increasingly paying attention on the social responsibility of the companies and the ethics of their managers. According to Post et al (1996)‚ ethics refers to standards of behaviour and moral judgement differentiating right from wrong. In addition‚ Bartol et al (2003) defined managerial ethics as “standards of conduct and moral judgement managers’ use conducting their business”. The
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ACKNOWLEDGEMENT We would like to thank Mrs. M. V for giving us this opportunity to study the Social Responsibility in business. We would like to thank Mr. Rajesh Thomas (DGM - Compass Group Pvt. Ltd.) ‚ Mr. Senthil Kumar (Manager -Lovely Offset Printers Pvt. Ltd.) ‚ Mr. Ramachandran (Director – Kaushalya Aqua Marine Products Exports Pvt Ltd.) for their valuable time and their cooperation in sharing the necessary information. We would also like to thank the employees and customers of all the
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Business ethics and Social responsibility This topic is important to me because it refers to the wellbeing of the society we are living in and also to the business world. Business ethics teach us how we should behave in a business environment according to the ethics. According to me the code of ethics teaches us to be much more responsible than what we are now‚ different code of ethics leads us to different ways‚ but the main aim is to be polite‚ honest and respecting each other. The companies
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Social Responsibility & Diversity (EGYPT’S KING OF HEARTS) Introduction As a general manager at the Central Auditing Organization (C.A.O); the supreme Auditing firm responsible for auditing ministries‚ public institutions‚ non for profit organizations and any other entity assigned to the C.A.O by the high authorities‚ I found In
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Social Responsibility What Definition Making a profit within the ambit of the law and to make decisions that will benefit not only the interest and welfare of society but also that of the organisation Origins of Social Responsibility • Entrepreneurs recognised a responsibility to employees. This refers to an act of paternalism to act in a fatherly way‚ caring and taking responsibility • Josesph Rowntree – Paternalistic Chief Executive – provide generous medical and dental schemes. Not possible
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“The social responsibility can be defined as the obligation of the organization to act in ways that serve both its own interests (making a profit) and the interests of its stakeholder.” (Sandy Millar‚ Christopher Theunissen‚ 2008‚ P69) Socially responsible organization takes action to ensure that their activities do not affect any of the stakeholders in a negative way. The McDonald’s is the leading global foodservice retailer with more than 30‚000 local restaurants serving 52 million people in more
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RiordanManufacturingAccounting Systems‚ Part II Business Systems I/BSA 500 November 19‚ 2012 LiseHautzinger Riordan Manufacturing Accounting Systems‚ Part II Comprehensive accounting systems and practices assist companies in monitoring cash flow expenses and investments as well as identify new sources of income. Riordan Manufacturing’s current accounting system lacks consistency across multiple locations and basic accounting modules. Each location has a closed system and
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Riordan Manufacturing Project Baseline PM / 584 June 30‚ 2015 Riordan Manufacturing Project Baseline Riordan Manufacturing is a leader in the plastic manufacturing industry with employees exceeding 500 and projected annual earnings in excess of $40 million. The company is owned by Riordan Industries‚ and the company ’s revenue exceed $1 billion. Riordan Manufacturing currently has plant locations in Albany‚ GA‚ Pontiac‚ MI‚ San Jose‚ CA. and Hangzhou‚ China. Riordan has established a
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Miles Enterprises: Code of Ethics Keidra Miles OMM 640: Business Ethics and Social Responsibility Dr. Onatolu March 16‚ 2015 The fictional Company Miles Enterprises will be the corporation discussed in this paper. Miles Enterprises is a multi-city management consulting firm based in Louisiana. The company will soon venture abroad. The Federal Sentencing Guidelines created by the United States Sentencing Commission in 1991 presented a detailed set of guidelines to govern the sentencing
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Running head: PROBLEM SOLUTION: RIORDAN MANUFACTURING Problem Solution: Riordan Manufacturing University of Phoenix MBA530 February 5‚ 2008 Problem Solution: Riordan Manufacturing The purpose of this paper is to assess Riordan Manufacturing ’s present dilemmas and offer suggestions that may bring positive conclusions to impending quandaries. This paper will evaluate Riordan ’s situation‚ existing opportunities and challenges and conclude with pivotal suggestions that will produce
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