as a mechanism to save money rather than a strategic business partner. It is obvious to see from recent news that many large companies have conducted unethical practices in China. For instance‚ Nike’s alleged sweatshops in China: “in 2005 and 2006‚ Nike ‘secured’ more than 6.53 million yuan ($911‚000 Canadian) in back wages owed to workers in China.” (Reuters News Agency‚ 2008) This paper analyses how large multinational companies overcome the challenge of managing its diverse stakeholders ethically
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Nike is one of the largest global companies in the world‚ reigning in billions of dollars in revenue a year; it also has one of the largest marketing budgets since it is such a recognized brand. Nike was first known as Blue Ribbon Sports founded by a track runner and track coach from Oregon; it later acquired the famous logo ‘swoosh’ and name Nike in 1972. In the 1980’s Nike grew rapidly because of their great marketing strategies and very successful product launches. Nike moved from track to other
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Great Pyramids‚ specifically‚ The Great Pyramid at Giza. This Great Pyramid is considered to be one of the Seven Wonders of the World. This Great Pyramid contains chambers specifically for the King and Queen and is believed to have taken 20 years to have been built. (Wikipedia) The Egyptians employed many experienced men‚ up to 100‚000. These men were worked hard and work for 10 days to receive one day off. (Smith) What I believe is most amazing in the creation of this Great Pyramid is Egyptians
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Mushtaque Ali Jariko‚ PH.D student‚ Aalborg University‚ Denmark. ABSTRACT: The role of business in society has been debated in economic literature for a long time. Corporate Social Responsibility requires companies to acknowledge that they should be publicly accountable not only for their financial performance but also for their social and environmental record performance. More widely‚ CSR encompasses the extent to which companies should promote human rights‚ democracy‚ community improvement and sustainable
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Introduction of CSR Corporate Social Responsibility (CSR) has become a widespread topic in business issues and critical sector. In the fast fast companies are facing fast change and consumers always on the topic of traceability of food chain. Consumers and governmental organizations are increasingly focusing their attention on corporate social responsibility (CSR) practices. CSR research has evolved over the last 50 years (Carroll‚ 1999). CSR is divided as a four parts pyramid (Carroll‚ 1991). Firstly
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services. The society concerned more about the business ethic and environmental issues. Companies are expected to act virtuously nowadays. The ideas of Corporate Social Responsibility and Corporate Citizenship are spreading faster than ever before and become one of the hottest business models in the recent decades. “Corporate Social Responsibility (CSR)” is defined as “the commitment of business to contribute to sustainable economic development‚ working with employees‚ their families‚ the local community
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Corporate Social Responsibility CSR is a win- win opportunity for companies‚ financial investors and society at large * Corporate Social Responsibility * “CSR is about how companies manage the business processes to produce an overall positive impact on society.” Business has a responsibility to give it back to society * Corporate Social Responsibility Corporate social responsibility (CSR): * An obligation‚ beyond that required by the law and economics‚ for a firm to pursue
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constitutions morality or ethics in the first place. In this case‚ Ballistico is a professor who is conducting a research and has come to some new findings. According to his professions‚ he should be honest and objective to his research and it is his responsibility publishes the results as what it originally was to enable the public have a correct understanding of what is happening. It would obey his professional standard if he did not publish the result. However‚ on the other hand‚ he was involved in a
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Corkill Pyramids were built in Ancient Egypt as tombs‚ or burial places‚ for Egyptian pharaohs‚ or kings. They believed that the pyramids made you immortal. The Ancient Egyptians believed in an afterlife‚ so it was very important to them to protect the bodies of their pharaohs. In order to keep the body of the pharaoh safe‚ the insides of the pyramids were like mazes with secret doors and dead-end passages. The pharaoh would be near the bottom or even underground. The Great Pyramid was built
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Great Pyramids of Giza * Built in c.2560 B.C * Took 20 years to construct * One pyramid contains the tomb of Pharaoh Khufu * Temples dedicated to Khufu * One of the oldest man made seven wonders of the world Cairo Museum * Contains 120‚000 ancient Egyptian artifacts * For example: treasures of King Tutankhamun‚such as his solild gold mask * The Museum contains 9 mummies * For example: the mummy of Queen Hatshepsut Memphis ‚ Ancient Egypt * The location
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