and the society it interacts with. According to ISO 2600‚ social responsibility concerns with contributing to the sustainable progression‚ along with the health and welfare of society. However‚ Corporate Social Responsibility (CSR) is an obligation of all business body to safeguard the interest In a corporate perspective‚ maximising profits and acquiring market share remains as one of the central objectives of any regular business corporation. However‚ as per Jim Owens‚ CEO of Caterpillar‚ the utmost
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Q3. What role should six sigma play in corporate strategy? Six sigma is a methodology and describes the process of; Define – Measure – Analyse – Improve- Control This process means that Six sigma has to be kept in mind from the identification of needs and objectives all the way through to when the objectives are met and need to be sustained. When Six sigma is implemented within 3M‚ different objectives will be set with six sigma and the reduction of waste in mind. These objectives are usually
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In a commercial organisation‚ the board of directors is typically charged with the key responsibility for corporate governance – protecting the rights of shareholders and creditors‚ ensuring contractual obligations and regulatory compliance. In the public sector‚ the elected government is typically responsible for corporate governance‚ and in semi-government and statutory bodies like State Rail‚ Sydney Water‚ the Australian Broadcasting Authority‚ the University of NSW‚ etc – and in not-
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Corporate Communication and the Corporate Brand Peggy Simcic Brønn (From: Corporate Communication: A Strategic Approach to Building Reputation (2002)‚ Brønn‚ P.S. and R. Wiig (eds.)‚ Oslo: Gyldendal.) The first years of the 21st century have been hard on companies and their brands. It is predicted that Firestone is dead as a brand as a result of its defective tires used on Ford SUVs‚ which tipped over causing loss of lives. Arthur Anderson is feverishly trying to find partners for its many
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SCHOOL OF MANAGEMENT ACW 204 COMPANY LAW AND SECRETARIAL PRACTICES YEAR 2010/2011 SEMESTER 1 Lecturer : Dr. Hazril Izwar Ibrahim Name : Kok Cheng Hon Matric No. : 105000 COMPANY LAW AND SECRETARIAL PRACTICES- ACW 203/204 INDIVIDUAL ASSIGNMENT Discuss the concept of separate legal entity and consequences of corporate personality on a company; as part of the discussion present your opinion whether the judiciary can ignore the rule of separate corporate personality and how the said rule
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Corporate Inversion is defined as a company’s reincorporation overseas enabling reduction in tax burden on income earned abroad. When a significant portion of a company’s income is from foreign sources‚ then corporate inversion is the ideal strategy to implement; that is because such income is taxed both abroad and in the company where it is incorporated. The winning corporate inversion strategy would be for a company which has selected a country with lower tax rates and less intricate corporate
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CEMS BLOCK SEMINAR: Take‐home examination Corporate Entrepreneurship Pauline GELDOF – CEMS Master 2 Introduction In today’s global economy‚ Corporate Entrepreneurship defined by Damanpour (1991) as the generation‚ development‚ and implementation of new ideas and behaviors by a company has become the only real source of competitive advantage for established organizations. Indeed‚ operating within an increasingly fast-moving environment‚ companies are forced to continually innovate and
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TABLE OF CONTENTS GOOD CORPORATE GOVERNANCE 2 • OBSERVANCE OF GOOD CORPORATE GOVERNANCE 3 • FAILURES OF CORPORATE GOVERNANCE 5 CORRUPTION 5 • BENEFITS OF AVOIDING CORRUPT PRACTICES 6 CONCLUSION 8 REFERENCES 9 GOOD CORPORATE GOVERNANCE Governance in the Oxford dictionary is defined as “control or influence”‚ while corporate is defined as “shared by all members of the group”. Therefore corporate governance refers to the structures and processes for the direction and control of members
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enhanced pay may also motivate employees. Staff Training: No matter how automated an organization or a library may be‚ high productivity depends on the level of motivation and the effectiveness of the workforce. Staff training is an indispensable strategy for motivating workers. The library organization must have good training programme. This will give the librarian or information professional opportunities for self-improvement and development to meet the challenges and requirements of new equipment
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Corporate Social Responsibility and Marketing: An Integrative Framework Isabelle Maignan Vrije Universiteit Amsterdam‚ the Netherlands O. C. Ferrell Colorado State University This article introduces a conceptualization of corporate social responsibility (CSR) that emphasizes the role and potential contribution of the marketing discipline. The proposed framework first depicts CSR initiatives as the actions undertaken to display conformity to both organizational and stakeholder norms. Then
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