Introduction PARKnSHOP is the largest superstore in Hong Kong. Be a successful superstore‚ they are using a comprehensive supply chain system. In 1989‚ there were no computers in any of PARKnSHOP stores‚ PARKnSHOP managed the stock manually in that time‚ everything used to take so long and caused lower efficiency. After adopting Electronic Data Interchange (EDI) system (which is called GS1 HK)‚ all data are recorded in the system. The efficiency have been much more improved. In the fast moving
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Policy and Strategy Group Report PARKnSHOP [pic] 1 Content Content 3 Appropriate Illustration 4 Executive summary 5 Company Background 7 External environment 7 Macro environment 7 Porter’s Five Forces Model: Parknshop 9 Internal analysis 11 Value chain analysis 11 Resources- Based View of the Firm 13 Current strategies of PARKnSHOP 15 Key issues 17 Recommendation 19 Conclusion 22 Reference lists 23 Appropriate Illustration Executive summary PARKnSHOP is basically one of the two largest
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Ethics and Governance Module 1 – Accounting and Society Part A: Accounting as a practice 1.04 Roles of accounting 1.04 Accounting as a technical practice 1.04 Traditional Public perception Accounting as a social practice 1.04 Broadening of Accounting Role Measuring performance of Individual Decision making tool Accounting and effective governance 1.06 Case Ex 1.1 – National Library of New Zealand 1.06 Demonstration of accounting Changes Part
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3. Corporations practicing stakeholder management will be more sustainable. Discuss. Over the years‚ social and ethical concerns have brought attention to the community that caused much bitter conflict to the relationship between business and society. As people become better educated and more affluent‚ rising expectations naturally follow for major institutions and these developed a backdrop against which criticisms towards businesses have grown. Therefore‚ these created the need for them to assume
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Theories of Corporate Governance Agency Theory • • • Separation of ownership from control Dispersed ownership structure – no single shareholder has the power to control management Economic theory suggest that managers will act in their own self interest instead of maximizing shareholders’ return Stewardship Theory Managers are good stewards of corporations and diligently work to attain high levels of corporate profit and shareholders’ returns • Different
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BUSM3199 Ethics & Governance Introduction to ethics and governance Questions for tutorial 1 I. Questions a) What are the differences between immoral and amoral management (Carroll‚ 2001)? b) What are the differences between intentional and unintentional amoral management (Carroll‚ 2001)? c) How should an organisation deal with an activity that is legal but unethical? d) Why is plagiarism an ethical issue? II. Case study: The not-so-great Gatsby The hourly employees at Appleberg Electric
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heard about the supermarket which is PARKnSHOP‚ the image of PARKnSHOP is a large supermarket that where can purchase most of the comment thing we used in daily‚ like rice‚ oil‚ food‚ fruit and so on. In this time we have choose PARKnSHOP as our study company. PARKnSHOP is one of the two largest supermarket chains in Hong Kong‚ the other being Wellcome. PARKnSHOP operates more than 260 outlets in Hong Kong‚ Macao‚ and Mainland China. The first PARKnSHOP store opened in Stanley‚ Hong Kong in
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Ethics is defined as a system of moral principles that governs a person or a group’s behaviour. Ethics refers to well based standards of right and wrong‚ and prescribe what humans ought to do. It is also the continuous efforts of striving to ensure that people‚ and the institutions they shape‚ live up to the standards that are reasonable and solidly based (Amundsen & Andrade‚ 2009). Ethics involves in doing “what is right” and “what is wrong”. However‚ most ethical dilemmas in workplace are not simply
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With reference to the Oxford English Dictionary (2012)‚ ethics is described as the science of morals. It is also the agency of study with regards to the values of moral obligations of what is right or wrong. It also covers human behaviour. A company makes many decisions in a course of one day. It may include‚ launching new products‚ doing Public Relations‚ making sales‚ rewriting company policies and the recruitment or retrenchment of people‚ just to name a few. All business aims to do so ethically
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Angelique C. Rufino Book Title: Current Issues in Business Ethics: Edited by: Peter W.F. Davies Reference no: HF 5398 C 87 1997 CHAPTER 3 CORPORATE GOVERNANCE AND ETHICS By: Philip Stiles “The increased interest in corporate governance has mirrored the rise in concern in business ethics generally with the voluminous literature on high profile scandals and failures in firms providing a common base for much descriptive and prescriptive work in both areas. Both subjects‚ too‚ share a key focus
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