The process of social construction of reality involves the following: Choose one answer. a. Human routinizations‚ significations‚ and institutions. b. Human typifications‚ significations‚ and institutions. x c. Human significations‚ routinizations‚ and institutions. d. Human routinizations‚ typifications‚ and institutions. Question 2 Marks: 1 Tactics are the concrete actions that are taken to implement a strategy. Answer: xTrue False Question 3 Marks: 1 Expert power is Choose
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Corporate Social Responsibilities Tony Fernandes‚ CEO of Kuala Lumpur-based Air Asia started a low-cost airline at a time when everyone thought he would fail. He placed high emphasis on his workforce and flexible HR strategies. During the past few years‚ Air Asia has become one of the best low-cost airlines in Asia and it has also boosted its CSR efforts. Fernandes’ basic sense of CSR starts with his people: Air Asia was one of the first airlines in Asia to hire female pilots. He says that his staff
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dimishes the necessity of a common and shared territorial basis for social economic and political activities‚ processes and relations Globalization include cultural‚ legal and accountabiliy issues for business ethics Who are the key actors and stakeholders? Environmental pollution and destruction of local cultures Many companies have sustainability statements We need to combine the economic‚ social and environmental – therefore we focus on the triple bottom-line as
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the six key strategic building blocks of successful organizations. There are five key aspects of culture and these include customer-client orientation‚ employee orientation‚ performance standards‚ openness to change and company norms. Culture is the social glue that helps hold an organization together by providing appropriate standards for what employees should say or do. In this module‚ Values were also discussed. The values of an organization express what it stands for and guide everyone’s behavior
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Ethics and Corporate Social Responsibility in Business A) Ethics is commonly defined as a set of morals that influence an individual’s behaviour depending on a beings ideological belief. There is no right or wrong understanding to the word as the term is subjective to each person and to every separate situation. The evolution of business ethics originated in the 1960s where issues such as that of civil rights‚ work ethics and the environment played an influential role in the implementation
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Sociology 3004 Social Inequality Spring 2014 Exam 1 – Short Answer Please separate your short answer and essay responses‚ i.e.‚ when you begin the essay portion of the exam‚ start on a new page. Be certain to place your name in the header of each page so that any pages separated from the others may be identified. Instructions. Unless otherwise arranged‚ you will have until class on February 21 to turn in this exam. Late exams will be penalized one letter grade for each day past the
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Wal-Mart Social Responsibility Strategy “Social responsibility is the practice of producing goods and services in a way that is not harmful to society or the environment”. (Cambridge Dictionary Online‚ 2013) Walmart holds many accolades in the business world. It bosts over $400 billion in revenue annually. If this number were converted into GDP Walmart would have a larger economy than many countries combined and make it the 23rd largest economy in the world. Walmart and its
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Companies have a social responsibility to perform and behave in particular ways. A company has a responsibility to ensure that any stakeholder’s needs are being met. The Toyota Corporations history and goals are as follows; “Toyota Motors is a Japanese automobile manufacturer founded in 1933. Toyota accounts for 78 percent of all the hybrid gas/electric cars sold in the United States. They are working to become the largest car-seller in the world‚ and in the first quarter of fiscal year 2007‚ for
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QUESTION 1 – (16 Marks) – 28 minutes The following data is from the accounts of Fleury Corporation on December 31‚ 2005‚ the end of the current reporting year. Dr. Cr. Cash $ 116‚000 Accounts receivable‚ trade 337‚000 Short-term investment in marketable securities 440‚000 Inventory of merchandise‚ FIFO 1‚295‚000 Prepaid expense (short term) 11‚000 Investment in Hydro One Bonds (Held to Maturity – June 30‚ 2008) 147‚000 Advances to suppliers (short term) 24‚000 Dividends
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3530 F10 Final Exam and Solutions - Type A 1. Two years ago Zippy Inc. issued a zero-coupon bond with a $1‚000 face value and a ten year maturity. If the bond’s yield to maturity today is 3.50%‚ what is the current price of the bond? (assume annual compounding) A) $708.92 B) $759.42 C) $825.50 D) $933.51 E) $1000 Solution B PV of bond = 1000/(1.035)^8 = $759.41 2. Topaz Bank’s earnings and dividends are expected to grow at a rate of 10% during the next 2 years‚ at 8% in the third year‚ and at a constant
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