CLASSIFICATION OF OBLIGATIONS 1. PURE OBLIGATION – one without a term or is it a subject to a condition and is immediately demandable. 2. CONDITIONAL OBLIGATION – one which is subject to a condition. (a). SUSPENSIVE CONDITION - one which suspends the effectivity of the obligation until the condition is fulfilled. The fulfillment of the condition produces the efficacy of the obligation. (b). RESOLUTORY – one which extinguishes the obligation upon the happening of the condition. The obligation is immediately
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For my purpose here‚ I would like to examine the case for which the two views of Corporate Social Responsibility (CSR) are positioned in. One of these viewpoints is that CSR is practiced ethically in businesses simply because it is the right thing to do‚ through being moral and just by following a Values-based management system. The other perspective on CSR is that it is simply a ‘do-gooder’ ploy‚ and that it is only practiced within firms to impress society and those around them. For the duration
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British Petroleum‚ Inc Leverages Corporate Social Responsibility to Cover Unethical Practices March 17‚ 2013 Corporate Social Responsibility 690 Southern New Hampshire University School of Business Dr. Katrina Kerr Prepared by: Jiayu Yue Jonathan Murphy Kerin Kokkhour Huong Tran Akintunde Olusanya Abstract As business and society have become more intertwined‚ corporate social responsibility (CSR) has become a widely recognized business discipline
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Monsanto had been around over 100 years its start of as chemical company and now it is in agricultural business. “From PCBs to Agent Orange to Roundup‚ we have many reasons to question the motives of this evil corporation that claims to be working to reduce environmental destruction and feed the world with its genetically engineered GMO food crops. And the article continued‚ “Monsanto was heavily involved during WWII in the creation of the first nuclear bomb for the Manhattan Project via its facilities
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Group 1_PepsiCo April 3‚ 2013 HOW CAN AN EMPHASIS ON ETHICS AND SOCIAL RESPONSIBILITY IMPROVE PROFITS AND BENEFIT A BUSINESS? Introduction Until a few years ago‚ most companies had not cared so much about ethics and social responsibility. They only focused on cost and margin to increase their profits. However‚ nowadays‚ many successful companies and businessmen have their own foundation and do some good things‚ for example‚ the Ford Foundation has allocated millions of dollars for cancer research
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CORPORATE SOCIAL RESPONSIBILITY AND GLOBALISATION INTRODUCTION Corporate social responsibility (CSR) can be defined as the opportunities that the public has of organizations at a specified point (Carroll and Buchholtz 2003‚ p. 36). The view of corporate social responsibility says that organizations have principled and generous responsibilities in order to earn good return for investors by obeying the law appropriately. Corporate social responsibility produces an organized context how to improve
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The benefit of CSR Corporate Social Responsibility (CSR) has become an attractive issue in recently years‚ because several companies and people have noticed environmental or ethical problems of surrounding society‚ such as working places and pollution. Although the first Concept of CSR was proposed from the early 1950 and started being rarely discussed after Industrial Revolution‚ CSR is now using broadly in full integration with strategic management and corporate governance at 20th century to
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Case In the News: Bob Iger: Disney’s Fun King Beverly Rodriguez Keiser University Fort Lauderdale‚ FL July 6‚ 2014 Bob Iger became Walt Disney’s CEO in 2006. He faced several management challenges. First challenge: Restructuring the gigantic Disney Corporation‚ no longer able to manage it traditionally in the business sense. The next challenge had to do with what made Walt Disney what it is today‚ the leader in film animation. Yet another challenger Iger faced had to do with eliminating
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Week 1 – Welcome / Introduction to Law I. 1. 2. 3. 4. Introduction to Law Not Not Not Not Divine Law‚ law of religion and faith Natural Law‚ justice‚ fairness and righteousness Moral Law‚ norms of good and right conduct Physical Law‚ order or regularity in nature Sources of Law i) i) Constitution – Fundamental Law of the land ii) ii) Legislations – Passed by Senate and House of Representatives iii) iii) Administrative issuances – Quasi Legislative Functions iv) iv) Jurisprudence – Decisions of the
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Ethics and Social challenges faced by companies today One of the most profound social challenges that companies face today is the hostile free work environment. Millions upon millions of dollars are spent each year on sexual harassment awareness and prevention training‚ and other areas such as cultural awareness training. All this money is spent in an attempt to get all of a company’s employees on the same moral page. Some argue that this is a waste of money‚ and that the company may be better
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