Profit vs. Not-for-Profit Organization A nonprofit organization is formed for the common good of the public. Nonprofit organizations are usually formed for some specific religious‚ charitable or educational purpose. A for-profit organization may be formed to conduct any number of lawful business activities. The primary reason to form a for-profit organization is to earn a profit for the owners of the company. Use of Profits Since a not-for-profit organization is formed to accomplish a specific
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The Importance of Results Oriented Workplaces in the 21st Century Subject: The Importance of a Results Oriented Workplace in the 21st Century Over the last 40 years‚ technology to improve productivity in the workplace has improved so much that an employee can be reached almost anywhere at anytime to answer or solve any problem. However‚ rather than allowing employees to work less and be truly productive‚ most workplaces place their value on the 40 hour week rather than generating results
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Corporate Social Responsibility and Emergent Models in Management of Stakeholder Capital in Philippine Conglomerates Serafin D. Talisayon Fifth International Research Workshop on Asian Business Singapore Management University‚ Singapore 13 April 2009 Abstract The paper adopts a social benefit-cost analysis framework to look at three stages in the historical development of management of stakeholder capital of corporations in the Philippines. The first two stages were government-driven. Stage One
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I believe that sources for information media have certain responsibilities to the general public. They are supposed to provide news stories that they believe the public will be interested in such as happenings in the political world‚ goings on in other countries such as international treaties and breakthroughs in new technologies. They are also responsible for keeping the general public entertained as well as informed and they do that by including public interest stories about normal people with
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Kraft Foods Inc. 6 3.0 Corporate Social Responsibility 6 3.1 Impact of CSR on Kraft Foods Inc 6 4.0 Conclusion 7 5.0 Recommendations 7 6.0 References 8 1.0 Introduction Management is a term that is used and heard of every day and a role that is undertaken everywhere you go. It’s the ability to maintain and produce the best from a team or from a task‚ the activity of completing a task using the resources that are available and taking responsibility of the situation in hand. Even as
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Government bodies discovered the reliable ways by keeping the welfare aspect as the motivation factor. In other terms if we say then‚ the concept of corporate social responsibility is not new to Indian companies. Corporate social Responsibility activities have their advantages. The benefits are in terms of building a positive image and encouraging social involvement of employees‚ which in turn develops a sense of loyalty for the organization. The companies have understood that the retention of market depends
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from imminent death. Schindler and Colonel Sartoris‚ (Sarty)‚ a character from Barn Burner‚ both took a moral stance for what they felt was right and it came with a cost. The cost to Schindler for taking a moral stance was his business’s future‚ his social standing‚ and his personal wealth. Schindler’s main factory employed majority Jewish workers‚ this would spawn much trouble later on. Schindler acquired this factory through “the German occupation program to “Aryanize” and “Germanize” Jewish-owned
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Corporate Social Responsibility in Textile Industry The current scenario and ways to improve Imran Hossain I.D: 1321071660 BUS 690‚ Sec: 3 Email address: imranhossain.textile@gmail.com ABSTRACT The ventilating crisis of Corporate Social Responsibility (CSR) issues in the textiles industry resulted in the engagement of many researchers in the analysis of CSR and its related factors throughout the globe. Some researchers in developed nations extend their policies beyond the boundary of CSR in
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References: Liu‚ J. H (1999). Press of Law‚ Corporate Social Responsibility (p2). Liu‚ L.Y (1999) Liu‚ J. H (1999). Press of Law‚ Corporate Social Responsibility (p6). Lu‚ D.F (2002) . Press of Law ‚Economics and Legal Analysis on CSR (p96). Lu‚ D Stephen P.R‚ David A. D‚ & Mary‚ C (2012) . Fundamental of Management(8th Ed) ‚ Essential Concepts and Applications
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decisions regarding the firm’s profitability and their corporation’s social responsibility. The term "corporate social responsibility" came into common use in the late 1960s and early 1970s after many multinational corporations formed the term stakeholder‚ meaning those on whom an organization ’s activities have an impact. It was used to describe corporate owners beyond shareholders. The field of corporate social responsibility (CSR) has developed exponentially in the last decade. Nevertheless‚
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