consumer are often been neglected in corporate identity‚ business ethics and corporate social responsibility (CSR). The scope of business ethics is board‚ which included consumer behavior and business behavior‚ while CSR is the guideline of moral practices that leads a company to make positive contribution. These concepts have seen intensified interest in issue of business ethics and CSR‚ which is driven by the outbreak of scandals such as Parmalat and Enron. This case has reflects increased corporate
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Porter generic strategies Michael Porter described three types of strategy to achieve/maintain competitive advantage in his 1980 work Competitive strategy: techniques for analysing industries and competitors. (CS:TAIC) These generic strategies are based on two dimensions: market scope + core competency with two competencies being the most important: product differentiation/product cost. [pic] Porter (1980) stressed that failure to adopt single strategy of differentiation or low cost results in
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their obligations. My case study assignment will be structured as follows: it will start with the introduction‚ followed by the main body that consists of three parts and finalised with the conclusion. Main body 1. Corporate Social Responsibility (CSR) Nowadays‚ companies in a free market economy are required to be trustworthy‚ demonstrate transparency and accountability as a consequence social responsibility has turned to be a key issue in their business ethics. Customers have become increasingly
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CSR and globalization Corporate social responsibility is at least in its name and formal recognition a relatively recent phenomenon. Yet‚ owners and managers of firms have engaged in activities that we would now consider CSR almost from the beginning of the industrial revolution (Davis‚ Whitman and Zald‚ 2006). But‚ until the 1990s‚ CSR was generally limited to corporate philanthropy. It is from the early 1990s that enlarged concepts and practices of CSR have come to the fore. What drove these
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"Is live worth living? That depends on the liver‚" is quite an anonymous‚ but knowledgeable‚ quote. Though this may seem a more modern way of viewing life itself‚ this quote actually resembles that of a much older perspective: that of an existentialist. Existentialism‚ is‚ essentially‚ the philosophy that life is meaningless‚ unless one defines that life. Two philosophers actively involved in this position were Soren Kierkegaard and Jean-Paul Sartre. While both can be considered existentialists‚
Free Existentialism Søren Kierkegaard Jean-Paul Sartre
responsibility" has come into common. The concept of CSR has attracted considerable attention in recent years. However‚ CSR may have confused many corporations whether CSR brings benefits to the corporations‚ whether it is worthwhile to contribute organizational resources to CSR. Different studies have brought different answers to those questions. In the following paragraphs‚ we will briefly discuss whether CSR are necessary and the effectiveness of CSR. As the competitors have started showing they are
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Michael Porter published the Value Chain Analysis in 1985 as a response to criticism that his Five Forces framework lacked an implementation methodology that bridged the gap between internal capabilities and opportunities in the competitive landscape. This framework focused on industry attractiveness as a determinant of the profit potential of all companies within that particular industry. However‚ significant differences in performance exist between companies operating within the same industry that
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Porter’s Approach is taken from his 1980 book “Competitive Strategy: Techniques for Analyzing Industries and Competitors. Porter’s theory has often been used by many people to understand more about a company’s structure and the method or plan used to run its business. In his book‚ Porter identified 5 external forces that will affect an industry or a market. The type of forces can help us to understand or to analyze how a company makes its profits‚ or how it could attract others to do business
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CSR Over the last two decades‚ the concept of corporate social responsibility (CSR) has attracted considerable attention academic circles as well as in practice. CSR has been the subject of much researched and one of most intensely debated issue among scholars and practitioners (Mcdonald and Thiele‚ 2007; Yeh and Li‚ 2009; Mandhachitar and Poolthong‚ 2009; Maignan and Ferrell‚ 2005; Dincer and Dincer‚ 2012; Barone‚ Mizaki and Taylor‚ 2000). The benefits of companies engaging in CSR activities
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UNIVERSITY of SAN CARLOS College of Commerce Executive Masters in Business Administration NO MAN IS AN ISLAND Reflections on the Social Initiatives of Businesses (Corporate Social Responsibility) In partial fulfilment of the course requirements in EMBA 213(Business Ethics and Corporate Social Responsibility) Submitted By: SHERANILE A. YLANAN Student Submitted To: DR. RENE PAQUIBOT Facilitator No Man Is an Island Lyrics Artist(Band):Joan Baez No man is an island
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