Assignments for Module #8 James Ramon Gibson BUS530- 2012 YG Module #8 August 24‚ 2013 Check Your Understanding: 1. A/n XXX is a cross-functional group charged with developing a specific product or business. 2. XXX is a method for deriving the utility values that consumers attach to varying levels of a product’s attributes. 3. XXX is the practice of buying goods and services from foreign vendors. 4. In a XXX foreign investors join with local investors to create a company in which
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Corporate Social Responsibility (CSR) and its importance Definition Corporate Social Responsibility can be define as the idea that socially responsible companies will outperform their peers by focusing on the world’s social problems and reviewing them as opportunities to build profits and help the world at the same time. In other sentence CSR is about how companies manage the business processes to produce an overall positive impact on society. It means company need to answer to two aspects of
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The primary goal of financial management regarding corporations should be to maximize shareholder wealth on the whole. If management was to only concentrate on profit maximization‚ they would more than likely run their corporations into the ground. The very existence and concept of a corporation is beneficial to business in numerous ways. First and foremost‚ corporate status helps release management from possible enourmous financial liability issues. Second‚ shareholders are the key of checks and
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1. What TQM principles are embedded in Zappos’ values and culture? Answer: TQM‚ total quality management represents the organization’s culture and value which involves the continuous improvement of organizational processes and results in high quality products and services. In Zappos‚ to meet customers’ satisfactions and expectations‚ the company made sure employees to go extra miles to make their customers happy and meet their expectations. Among the four TQM principles I think the most important
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Submission: You may submit this assignment individually or as part of a group of up to 3 people. Length: 1‚000 words (+/- 10%). Use Microsoft Word. An electronic version of the same assignment should be submitted to the LMS site for this subject by 4.00 pm‚ Monday‚ 3 August 2015. Supporting Material: Case Studies in Finance - Managing for Corporate Value Creation (7th edition); Bruner‚ Eades & Schill; Case 50‚ Flinder Valves and Controls‚ Inc. pp. 715-726. Supporting spreadsheet: Case_50.xls.
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ARTICLE SUMMARY OF THE DANGERS OF SOCIAL RESPONSIBILITY 1. A sentence that provides a synopsis of the article. The article mainly discusses about the dangers and downfall with management’s social responsibility. The author argues that self-conscious dedication to social responsibility could have started as a purely defensive mechanism by the company against strident attacks on big corporations and on the moral efficacy of the profit system. It does not reflect a change in businessmen’s nature or
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Today‚ ArcelorMittal‚ the world ’s leading steelmaker‚ and is more than three times the size of Nippon Steel‚ the second largest. Not only in terms of volume but also in terms of innovation‚ ArcelorMittal has managed to excel in comparison to its competitors. ArcelorMittal invests to develop other solutions to produce clean energy. During the latest BATIMAT‚ the world’s biggest building and construction fair‚ ArcelorMittal was awarded a Golden Innovation Medal for Arsolar‚ a solar panel designed
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Corporate Social Responsibility of a company: Starbucks Starbucks‚ the largest coffeehouse company in the world‚ is a company that tries to make business in a socially responsible way. The firm is not only about making coffee but also about treating with dignity the clients and the environment where they are operating into. Hereby‚ we will discuss the different actions undertaken by Starbucks in order to be socially correct. One word
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Corporate social responsibility and financial performance in the Australian context Matthew Brine‚ Rebecca Brown and Greg Hackett 1 The concept of social responsibility of corporations has engendered considerable interest in Australia in recent years. While previous research on the relationship between corporate social responsibility and financial performance has largely been based on international data‚ this paper examines the relationship between the adoption of corporate social responsibility
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CSR Case Study: The Home Depot Giving back to communities Prepared for: Interdepartmental Working Group on Corporate Social Responsibility (CSR) Corporate Social Responsibility: Lessons Learned Final Home Depot Case Study 1 Corporate Overview Home Depot was founded in 1978‚ and has grown to become the world’s largest home improvement retailer and the second largest retail chain in the USA with total sales of $53.6 billion in 2001. The company employs a workforce of more than 250
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