Why Do People Comply With Social Rules and Expectation? Rules are statement on what can‚ should or must be done in particular circumstances. They govern our daily life whether we are aware of them or not. Rules are divided into two‚ direct rules(written formal rules) such as laws regarding manslaughter or incest and indirect rules(unwritten informal rules) such as norms‚ values and traditions of a particular society. Social expectation serves as a powerful tool to reinforce common beliefs and hopes
Premium Sociology
Transformation Executive Summary Team Globalization has conducted an in depth analysis on General Electric ’s (GE) two decade transformation achieved by the company’s former Chief Executive Officer (CEO) Jack Welch. This report consists of a reflective examination performed by the team‚ incorporating perspective gained through professional experience and key concepts gleaned from selected course reading selections. As CEO of GE‚ Jack Welch ’s management skills became legendary‚ with little tolerance for bureaucracy
Premium Value added Management Jack Welch
increase of profits. They believe that caring about the environmental‚ social and other problems should be the responsibility of government and non-profit making organizations sponsored by governments. (Pontinen J 2013 ) A bright supporter of the narrow view is Milton Friedman who claims that the only social responsibility a business has is to maximize the profits of its owner or shareholders. Friedman feels that as long as the corporate executive carries out these desires in a way that follows the laws
Premium Externality Social responsibility Cost
BUSINESS ETHICS AND CORPORATE SOCIAL RESPONSIBILITY PREPARED BY NAME : SURAJ VISHWKARMA ROLL. NO. : 44 CLASS : T.Y.B.M.S. COLLEGE : CLARA’S COLLEGE OF COMMERCE TOPIC Write an essay on Corporate Social Responsibility with suitable example to support your literature. CORPORATE SOCIAL RESPONSIBILITY Being social is a noble idea that works beyond the objective of maximum growth & possibility. The business organization must use their infrastructure & resources to protect
Premium Corporate social responsibility
1 - Description of current activities. Maybank are one of the two parties in Malaysia whose take part in the CDP. They had showed their carbon commitments through their participation in the CDP since 2010. Basically‚ Carbon Disclosure Project (CDP) is a UK-based non-profit organization which involves the participation of stakeholders and companies to disclose greenhouse gas emission. Also Carbon Disclosure Project basically is a measurement and reporting on change of climate nowadays. Participation
Premium Greenhouse gas Kyoto Protocol Climate change
1. GE doesn’t come up with innovations in poor countries and take them global 2. GE sell high-end medical imaging and diagnostic products globally 3. GE has following sites for RD efforts: US(Niskayuna)‚ India (Bangalore)‚ China (Shanghai)‚ Europe(Munich)+Brazil(Sao Paulo)‚ US(Detroit). They place RD centers in those countries to be closer to important markets + availability of talent. India: 1. India was an attractive base for the cost reasons and ample supply of talent 2. India
Premium Costs Cost India
Birch (2002). Social‚ Economic and Environmental Capital. Corporate Citizenship in a New Economy. Deakin University‚ Melbourne J.M. Darley (2005). How Organizations Socialize Individuals into Evildoing In recent years‚ Corporate and Social Responsibility has become an ever increasing concern and source of community debate. It is now socially accepted that corporations have some ongoing responsibility‚ though sometimes ignored‚ to set a good example‚ make decisions based on social good and on
Premium Social responsibility Corporate social responsibility Corporation
Corporate social responsibility is a company’s obligation to be responsible to all of its stakeholders in all its operations and activities with the aim of achieving sustainable development not only in the economical component but also in the social and environmental dimensions company’s stakeholders are all those who are influenced by and can influence a company’s decisions and actions‚ both locally and globally. Business stakeholders include employees‚ customers‚ suppliers‚ community organizations
Premium Business ethics
close ties/links with the US government. Reagan’s Secretary of Defense Caspar Weinburger was a former Bechtel general counsel. Its revenue as of November 2012 is 37‚9 $ billion. It has 70 (in total) joint-ventures and subsidiaries‚ including Bechtel China Inc. and Dabhol Power Company (DPC). DPC was a joint venture with General Electric and Enron in India. 2nd slide Bechtel has strong corporate culture‚ values and ethics and it shows a great discipline in project management. It has a performance-based
Premium
Corporate Social Responsibility: Indian Experience Dr. Devendra Kumar Assistant Professor L. N. Mishra College of Business Mangement‚ Muzaffarpur Email: devenswamy@rediffmail.com Prologue: India is a fast growing economy and is booming with national and multinational firms. At the same time‚ the Indian land also faces social challenges like poverty‚ population growth‚ corruption‚ illiteracy just to name a few. Therefore it is all the more imperative for the Indian companies to be sensitized
Premium Corporate social responsibility Social responsibility Business ethics