CHAPTER 1 General Provisions “An obligation is a juridical necessity to give‚ to do or not to do.” (Art. 1156) * OBLIGATION * obligatio‚ Latin‚ means tying or binding * tie or bond recognized by law by virtue of which one is bound in favor of another to render something * duty under the law of the debtor or obligor - Civil Code * Juridical Necessity * the rights and duties arising from obligation are legally demandable and the courts of justice may be called
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Company Q and Social Responsibility EST1 Evaluation Company Q’s attitude toward social responsibility reflects a negative reputation on them as a corporation in their current community. The geographical location in a major metropolitan area should sustain the business with a solid consumer base and maintain reliance of current investors. However‚ they closed two stores in high crime areas for consistently losing profits‚ waning investor trust and damaging employee faith. The decision to close
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1. Cognitive psychology differs from social psychology long with the following aspects: a. In terms of concept and definition‚ Cognitive psychology studies mental processes including how people think‚ perceive‚ remember and learn. The focus of cognitive psychology is on how people acquire process and store information‚ while social psychology on the other hand is a discipline that uses scientific methods to understand and explain how the thought‚ feeling and behaviour of individuals are influenced
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� INTRODUCTION: _"There is a big disconnect between the vast potential of the global economy and what it does for ordinary workers. Finding solutions to these new global realities is very difficult but not impossible; it just requires some hard thinking and some hard decisions. Where are the leaders with the vision to take up the challenge?"1_ The keywords in the above excerpt are "workers"‚ "solutions"‚ "leaders" and "challenge". Nike Inc.‚ the world _LEADER_ in the athletic footwear‚ apparel
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Supplier DiversityProgram(http://www.starbucks.com/responsibility/diversity/suppliers) Tweet Our commitment to diversity reaches beyond us to the suppliers we work with. By actively seeking diverse-owned businesses to purchase from‚ we help build prosperous communities. We believe our Supplier Diversity Program has been a great success‚ and we’re happy to report that the amount of business we conduct with diverse suppliers grows every year. In addition to our buying practices‚ we support supplier
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Constitutional Law - The term constitution comes from the Latin word constitutio‚ used for regulations and orders. Constitutional law is also referred to as “supreme law or “highest law of the land”. This is because it is the foundation of a state wherein it comprises primary law and fundamental principles which defines the relationship of the three important branches within a state‚ namely‚ the executive‚ the legislature and the judiciary. This law also illustrates the scope and limitations of the
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Companies to Work For” by Business NH Magazine. • Community IMPACT! Corporate Leadership Award • 2000: The Company was listed as one of the “100 Best Corporate Citizens” by Business Ethics Corporate Social Responsibility Report. • 2001: The Timberland Company won Business Ethics’ Corporate Social Responsibility Report’s Corporate Citizenship Award. The award was designed to recognise a company that embodies what it means to be a good corporate citizen‚ helping move corporations towards ever-better
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The chairman of coffee giant Starbucks has a vision about the future of business – and makes no beans about it. “The rules of engagement have changed‚” says Harold Schultz. “Business has let us down and we are living in very fractured times. We as consumers – as customers‚ but mostly as people – need an emotional connection.” The chief global strategist of Starbucks Coffee Co. spoke to business students and alumni last week at the Sauder School of Business at the University of British Columbia.
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Influences on Strategic Purpose Description Models/tools Corporate Governance Stakeholder Expectations A. Social Responsibility and Ethics A. Shareholder Model Stakeholder Model Benefits Disadvantages Stakeholder mapping: the power/interest matrix Minimal effort Keep informed Keep satisfied Key players Corporate Social Responsibility Stances: Laissez-faire Enlightened self-interest Forum for stakeholder interaction Shaper of society
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CORPORATE SOCIAL RESPONSIBILTY Corporate Social Responsibility (CSR) defined as the ethical behavior of a company towards the society‚ manifests itself in the form of such noble programs initiated by for-profit organizations. The concept has come into knowing trends now‚ but the practice has been on since ages‚ with corporate like Tata Group‚ Aditya Birla Group‚ Indian Oil Corporation‚ to name a few. They have been serving the community ever since their inception and organizations have
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