Theoretical Framework: Corporate Social Responsibility (CSR) Definition CSR is a much broader concept than business ethics. Business ethics is the application of ethics and ethical theory to the decision of business. CSR claims that businesses are more than just profit-seeking entities and‚ therefore‚ also have any obligation to benefit society. CSR is about business and other organizations going beyond the legal obligation to manage the impact they have on the environment and society
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Political Framework Bolman and Deal view the political frame of organizations as‚ “roiling arenas‚ hosting ongoing contests of individual and group interests” (p.188). I believe that there are two political issues within our department both revolve around the NCOIC‚ in a negative capacity. The NCOIC is a higher rank‚ it is easy for her to take advantage of her position within the negotiation creating an unfair advantage for her subordinates. This results in the subordinates conforming to her ineffective
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Under health and safety law‚ risk assessment needs to be done at workplace to identify hazard‚ judge the level of risk about health and safety and minimize the risk of harm and work out accordingly. 2. Risk assessment for the irregular WHS record-keeping: if there is an irregular record keeping system in an aged care for WHS can be harmful for the organization in a way that they don’t have any accurate past data for the hazards occurred and how they were managed. Also‚ there would be lack of information
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The PESTEL framework is designed to provide managers with an analytical tool to identify different macro-environmental factors that may affect business strategies‚ and to assess how different environmental factors may influence business performance now and in the future. The PESTEL Framework includes six types of important environmental influences: political‚ economic‚ social‚ technological‚ environmental and legal. These factors should not be seen as independent factors. Factors such as
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the UAE (United Arab Emirates)‚ the company seek to imitate the best of national hospitality — warm ‚ cultured‚ considerate and generous — in addition to improve the status of Abu Dhabi as a f ocus of hospitality connecting East and West”. Q4- EXPLAINS Porter’s Five Forces of Etihad Airways. The threat of substitute competitors: In the recent years the threat due to its substitute competitors was almost nullif ied. T hey stood nowhere in f ront of Etihad. T he other substitutes kept on declining
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during my career and have yet to witness an effective approach to marry strategic imperatives to daily operations. How do great organizations achieve success? Is it effective applications of frameworks like Management by Objectives or Hoshin Kanri? Management by Objectives (MBO) was and still is a popular framework for setting a direction and charting a path towards attainment. In my experience rarely does the success have much to do with the process by which we establish objectives. I have seen MBO
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Theoretical Framework Two approaches to ethical decision making have dominated ethics for a long period of time. Utilitarianism‚ developed by Jeremy Bentham and John Stuart Mill‚ defines the moral goodness of actions by their consequences. This theory distinguishes good from bad‚ with particular emphasis on the happiness generated by the consequences. Those acts are right that produce greatest happiness for the greatest number. Utilitarianism‚ at times‚ requires that some good be sacrificed
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aged between two and 19 years being overweight or obese. There is little sign of this upward trend in obesity stopping‚ and it will have a significant impact on the state of the country. It will negatively affect the UK ’s economy and more importantly negatively affect the health of the UK ’s 63 million people. With obesity becoming this prevalent in our society is it not time we address this issue? I think it is‚ and one of the best ways in my opinion is to introduce a tax on fizzy drinks and fast
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A. Using the PESTEL framework‚ identify which of the factors are impacting the tourism industry in your country. B. Indicate also which of the factors that you have identified are most important and why. A. The PESTEL framework is designed to provide managers with an analytical tool to identify different macro-environmental factors that may affect business strategies and to assess how different environmental factors may influence business performance now and in the future. It includes
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inflation is too high in an economy the government will introduce policies to reduce the rate as a high rate can lead to disaster for a country. If the UK has excessively high inflation rates then they will not be able to compete on the exportation of goods against other countries as we will be charging higher prices which can then lead to a contraction on UK output and we become less efficient. It is also disastrous for individuals as there will soon be a wage-inflation battle as wages need to increase
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