accountable to that society for their actions. Like ethics‚ agreement on the nature and cope of social responsibility is often difficult to come by‚ given the diversity of values present in different societal‚ business‚ and corporate cultures. There are three concepts of social responsibility which are profit responsibility‚ stakeholder responsibility‚ and societal responsibility. Profit responsibility holds that companies have a simple duty that is to maximize profits for their owners or stockholders
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Strategic Management and Leadership Level 7 Strategic Management and Leadership Contents Page Qualification structures 3 Unit 7001 Personal development as a strategic manager 4 Unit 7002 Strategic performance management 5 Unit 7003 Financial management 6 Unit 7004 Strategic information management 7 Unit 7005 Conducting a strategic management project 8 Unit 7006 Organisational direction 9 Unit 7007 Financial planning 10
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(Financial) Financial Audit and Departmental Reviews The available annual report online of ABS-CBN is for the year 2011‚ hence to be fair‚ financial data of the same year is used to evaluate the financial and operating performance of its competitors. GMA 7 published its financial statement on its website; however TV 5 seems to be reluctant to publish its financial reports online. In lieu of TV5’s actual financial statements‚ the news article published by The Philippine Daily Inquirer‚ which had the opportunity
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Strategic Management Processes Strategic management is a combination of three main processes which are as follows: Strategy formulation Performing a situation analysis‚ self-evaluation and competitor analysis: both internal and external; both micro-environmental and macro-environmental. Concurrent with this assessment‚ objectives are set. These objectives should be parallel to a timeline; some are in the short-term and others on the long-term. This involves crafting vision statements (long term
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STRATEGIC MANAGEMENT PROCESS Strategy: A strategy is a plan of action designed to achieve a particular goal. Art & science of formulating‚ implementing‚ and evaluating‚ cross-functional decisions that enable an organization to achieve its objectives Some Examples • Geographic expansion • Diversification • Acquisition • Market penetration • Retrenchment • Liquidation • Joint venture Strategic Management: It includes: 1. Making Strategies (Decisions) 2. To work upon those strategies
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Project Proposal BSc (Hons) Music and Audio Technology Project Proposal Level H Asher J. Abraham (4343543) “Investigation into the application of procedural audio in animated film” Asher Abraham 1 Project Proposal Investigation into the Application of Procedural Audio in Animated Film Abstract A development based project that investigates and explores the creation and design of sound effects and music using procedural audio for animated film. Traditional methods of recording
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their manpower C. Finance-- sales have reached 1.7 billion PHP (US$41 million‚ €26.1 million) last 2011 D. Operations-- wide coverage and distribution‚ and top the line production (extensive territorial distributors; 6‚000 loaves per day) E. Management-- portray their company’s mission by providing a fair return on shareholder investments | A. Marketing 1. Product-- limited availability/penetration to lower-end market (sachet economy) 2. Price-- higher price compare to other competitors
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1 Human needs are states of felt deprivation. Needs are part of the human make-up; they are not created by external forces. Humans have a basic physical need for food‚ clothing‚ warmth‚ and safety; a basic social need for belonging and affection; and a basic individual need for knowledge and self-expression. Unlike needs‚ wants are not innate; instead‚ wants are needs shaped by culture‚ society‚ and individual personality. For example‚ an American needs food but wants a Big Mac and a soft drink
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infamous subscription service that offered unlimited rentals for a monthly subscription‚ but it was not until the year 2000 that Netflix gave their firm a true competitive advantage when it implemented its movie recommendation algorithm. Within two years‚ Netflix made its IPO at a net value of $82‚000‚000 on NASDAQ. From the IPO to present‚ Netflix has amassed more than thirty-three million members. During this continual climb‚ Netflix opened its streaming service in 2007‚ created major partnerships
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STRATEGY AND STRATEGIC MANAGEMENT What is Strategy? A strategy is a long-term approach to implementing a firm ’s business plans to achieve its business objectives. It is also defined as the art and science of planning and marshalling resources for their most efficient and effective use. However‚ Johnson and Scholes (Exploring Corporate Strategy) define strategy as follows: "Strategy is the direction and scope of an organization over the long-term: which achieves advantage for the organization
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