Describe the 2 views of Corporate Social Responsibility.

One of the most controversial issues that has been widely debated over the last two decades is the corporate social responsibility of organizations. Opinions about businesss social responsibilities lie mainly between two extremes. At the one extreme is the classical view that states business is an economic institution directed towards profit whose only responsibility to society is to provide goods and services and to return maximum benefits to shareholders (Robbins, Bergman, Stagg and Coulter, 2003: 136). The Nobel Prize winning economist Milton Friedman endorsed this classical view. Friedman said the primary responsibility of managers is to operate the business to satisfy the interest of shareholders, and this interest of course is†¦show more content†¦Two leading tobacco policy experts have today accused transnational tobacco companies of corrupting the concept of corporate social responsibility (CSR) by seeking to use it as a means of directing attention away from the dea dly effects of their products and dubious business practices (Collin and Gilmore, 2002). Even though they are considered to be a company that is socially responsible, it is assumed that their products will cause ten million deaths by the year 2030. So, in the long run, the society will actually be worse off from the organizations business practices. Social responsibility is just used as a means to cover up the business practices that otherwise would not be accepted in the society. BATs Social Report is an attempt to regain legitimacy by a company that has become mired in allegations of smuggling, price fixing, collusion with the dictatorship in Burma an exploitation of farmers in Brazil and Uzbekistan (Collin and Gilmore, 2002). So, the social responsibility issue is used more of a cover to protect bad business practice rather than to serve in the best interest of the society. No organization is forced to pursue social interests. Milton Friedman argues that corporate officials have no social responsibility beyond serving the interests of their stockholders As Friedman said, ...there is one and only one social responsibility of business-to use its resources and engage inShow MoreRelatedStakeholders, Categories Responsibilities of Organizations1723 Words   |  7 PagesActivity 3-Stakeholders, Categories Responsibilities of Organizations 1. Describe the basic features that distinguish the four basic forms of business ownership: sole proprietorships, general partnerships, C corporations, and limited liability companies. Ownership of C corporation is represented by shares of the stock, or shareholders, it is the most common type of the business, where ownership to the shareholders offers a limited liability to all its owners. Limited liability companiesRead MoreAnglo American Corporate Social Responsibility1514 Words   |  7 Pagessaid to have responsibility†¦Ã¢â‚¬ , the improvement of the notion of Anglo-American corporate social responsibility (CSR) has rapidly expanded. This essay will review the important concept around Anglo-American CSR, its development and provide a verdict on the extent whether liberalisation, globalisation, and developments in the markets for debts and equity are impacting the tradition view of an Anglo-American public corporation and the nature of its social responsibility. 2. Tradition view According toRead MoreKey Tips For A Generous Financial Donations1495 Words   |  6 Pagesprogrammes f. Support for the local community g. Campaigning for environmental and social change h. An employee-led approach to philanthropy i. Efficient and effective community activity j. Disclosure of environmental and social performance (2)Environment Stakeholders a. Environmental policies, organisation and management b. Materials policy of reduction, reuse and recycling c. Monitoring, minimizing and taking responsibility for releases d. the environment e. Waste management f. Energy conservation gRead MoreAnglo American Corporate Social Responsibility1501 Words   |  7 Pagessaid to have responsibility†¦Ã¢â‚¬ , the improvement of the notion of Anglo-American corporate social responsibility (CSR) has rapidly expanded. This essay will review the important concept around Anglo-American CSR, its development and provide a verdict on the extent whether liberalisation, globalisation, and developments in the markets for debts and equity are impacting the tradition view of an Anglo-American public corporation and the nature of its social responsibility. 2. Tradition view of Anglo-SaxonRead MoreThe Moral Obligation of Businesses Essay1326 Words   |  6 Pagesit productivity. Corporate social responsibility does not only build trust it also demonstrate the glimpse of generosity and help maintaining a status to be a good company in front of the society (Business Spectator, 2011). This report will describe about CSR and moral guidelines and how the two aspects are used to develop sustainability. Discussion: There was always an argument that there is a conflict of interest between being encouraged by revenue and trying to make a social impact. 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The type of team building that best describes the volunteering activities at Molson Coors is the team building aimed at improving relations among team members and task oriented team building. Exactly! Improving relations team building is used to help team members get to know each other better, build trust in each otherRead MoreCase Study 3633 Words   |  3 PagesDiscuss the four components of corporate social responsibility and how they relate to a charitable campaign such as (Product) RED. How does participation in a cause-marketing event contribute to a companys social responsibility? What role does sustainability play? The four components of corporate social responsibility are Economic responsibilities by being profitable to the company, Legal responsibilities by obeying the law or playing by the rule, Ethical responsibilities by being ethical in carryingRead MoreBusiness Analysis: The De Beers Group Essay1143 Words   |  5 Pagestrend of exploitation, and has effectively turned â€Å"national resources to shared national wealth† (De Beers, 2007). De Beer’s presence in Botswana has highlighted the positive impact of corporate social responsibility and admirable business ethics – a feat that is even more impressive when considering that the social practices undertaken by De Beers has also enabled it to increase its profitability. In countries such as Nigeria, Sierra Leone, or Zambia, governments often lack the ability to gainRead MoreBusiness Etics Abstract1475 Words   |  6 Pageslegal and business ethics. In this paper we will consider the factor of ‘business ethics’ as an asset for the organization. Form the business point of view each and every organization tries to achieve the main goal, which obviously is to ‘maximize the profit’. But while doing so these organizations should also consider their moral, ethical and social obligations. If these obligations are neglected, in the long run it would implicate many devastating results, while fulfilling those could prove to be

American Academy Of Child And Adolescent Psychiatry

American Academy of Child and Adolescent Psychiatry is an association dedicated to protecting the health of children everywhere. They have taken on the role to advertise the affect of media violence. The advertisement presented states, â€Å"TV made me do it† suggesting that the media influenced this child to act out violently. When first glancing at the image, a person’s eye may be attracted to the red lettering that is bolded in the middle of the advertisement. The advertisement uses a headline to describe the images displayed behind it, while a young boy who is staring straight at you holds a look of emptiness. As you analyze from left to right you will notice a cause and effect in the advertisement. On the right hand side, we are introduced to the negative effect; a Barbie doll stabbed to the wall. This advertisement conveys strong emotions by advertising images of a victim and a perpetrator. When viewing this advertisement, a viewer may be astonished with the disturbing nature of this content. It displays a gruesome image of a Barbie doll being stabbed and pinned to the wall, with blood running down her body. You can also see that the young boy appears to be distraught and is looking at the audience to explain his actions. When looking further into the image of the boy, you can see that the boys mouth was covered purposely by the heading of the advertisement to display a separate message. The word TV, was written with a red background placed specifically in front of theShow MoreRelatedTeenagers, Drugs, And The American Academy Of Child And Adolescent Psychiatry1450 Words   |  6 PagesTeenagers abuse a variety of drugs, both legal and illegal. The American Academy of Child and Adolescent Psychiatry names the following as the legal drugs that teens experiment with: alcohol, prescription medications, inhalants (fumes from glues, aerosols, and solvents) and over-the-count er cough, cold, sleep, and diet medications. The most commonly used illegal drugs according to the American Academy of Child and Adolescent Psychiatry are: marijuana (pot), stimulants (cocaine, crack, and speed),Read MoreA Approach Of Medication Therapy And Behavioral Therapy As A Treatment Plan For The Child1552 Words   |  7 Pagesunpredictable and difficult to care for. A child with ODD displays ongoing hostility, defiance, and uncooperative behavior toward authority figures (American Academy of Children and Adolescent Psychology, 2011). This makes everyday life extremely difficult for both the child and the caregivers. Understanding how to reduce behaviors of hostility, defiance, and uncooperativeness in children with ODD will reduce the number of defiant episodes the child experiences. The reduction of defiant episodesRead MoreInformative Speech Outline, Children and Violence Essay1264 Words   |  6 Pageschildren watch or the mere public airing of it. B. According to the American Academy of Pediatrics website, â€Å"they found that children’s shows had the most violence of all television programming and that statistics read that some cartoons average twenty acts of violence in one hour, and by the age of eighteen children will have seen 16,000 simulated murders and 200,000 acts of violence on television.† 1. The American Academy of Pediatrics website also says that, â€Å" Television programs display 812Read MoreThe Differences Between Normative And Pathological Child Behavior1376 Words   |  6 PagesStacey Mermigos PSY 1270 Controversies in Child Psychopathology October 27, 2015 The Differences between Normative and Pathological Child Behavior: Oppositional Defiant Disorder DEFINING OPPOSITIONAL DEFIANT DISORDER Children diagnosed with oppositional defiant disorder, ODD, are characterized as displaying symptoms of â€Å"age-inappropriate recurrent pattern of stubborn, hostile, disobedient, and defiant disorders†, usually appearing prior to the child entering his eighth year of age (Mash WolfeRead MoreChild Welfare And The United States Department Of Justice1692 Words   |  7 PagesUnited States department of Justice, Over sixty percent of American children are exposed to a type of violence every year (Finkelhor, D., Turner, H., Ormrod, R., Hamby, S., and Kracke, K. 2009). These forms of violence can be perpetrated by a victims home, community or school, with majority of children knowing the perpetrator(s). These experiences with violence whether primary or secondary, can cause serious psychological trauma to a child and in worst case scenarios death. The 2009 survey by theRead MoreServices For Adults With An Autism Spectrum Disorder978 Words   |  4 PagesLiving by Rachel Ewing. Firstly, in conclusion, the central theme is explored based principally on two areas of enquiry including, the National Autism Indicators Report additionally, the journal titled American Academy of Child and Adolescent Psychiatry. It is explained in these three texts that adolescent adults on the autism spectrum face challenges when it comes to the period of change from high school to a self-governing adult life. Furthermore, according to Dr. Paul T. Shattuck, â€Å"Roughly 50,000 youthRead MoreEssay about Alcoholism in the Workplace1364 Words   |  6 Pagesdependent. (NIH: National Institute on Alcohol Abuse and Alcoholism, 2012) The Mayo Clinic defines alcoholism as a chronic disease in which your body becomes dependent on alcohol (Mayo Clinic Staff, 2010), and indicates that more than 100,000 Americans die annually from alcohol related causes (Johnson) . Aside from the physical problems that alcohol addiction can create, there are frequently emotional and social complicatio ns. Alcoholism is a disease that harms not only the alcoholic, but alsoRead MoreAre Sports Beneficial or Detrimental to Youth?764 Words   |  4 Pagesbeneficial because it gives children an opportunity to play â€Å"Sports and interact with other children and form social bonds and relationships. It shows them a sense of teamwork and sportsmanship and allows them to gain respect towards others† (â€Å"American Academy†). It also gives them the chance to learn to manage success and disappointment. â€Å"It also allows them to have fun and to get exercise. 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This calculates to 33,000 adolescents killing themselves each year (CDC, 2010). The National Conference of State Legislatures (NCSL), reported that suicide amongst all individuals nation wide has declined over all, but despite the decline, adolescents between the ages of 15 and 19 have shown suicide rates that has increased by 6 percent (NCSL

Examplification essay sample Free Essays

In fact, most students in US often take the online courses for each semester. The classes can be taken where It Is convenient for students: at home, office, on a military base or the other places. Students have the opportunity on choosing from various schools and courses which might be taught in another city or states. We will write a custom essay sample on Examplification essay sample or any similar topic only for you Order Now Classrooms are available 24 hours a day, seven days a week so students can take the announcements, discuss a topic, and review their homework at any time they want. However, students who first attend in online courses can get the trouble because of differences between online courses and on campus courses. There are some tips for students to achieve success in online college courses. First, students have to have some basic skills about computing. It Is the most Important material which Is required for online courses. Every students should have a computer if not they can study at library or internet coffee restaurant but they must know about computer acknowledge In fact, students in online course work through the computer all the time. For example, students have to log in to the web page of heir school to see the activities of the course. They have to email their professor to communicate, ask questions, and chat with follow classmates. In addition, some courses may require students to install software needed to study and download file which professors provide. Students can contact to students service to find the answers about the courses resource, or technical support to resolve problem Is related to learning system. Students need these skills to study, to communicate and to resolve the problem could have during the courses. In online course self-works plays a main role in it. Students have to manage time, make It suitable for their study schedule and work schedule. There are no one will remind students about homework and tests. students should suck to the syllabus, read it and use it as a tool to remind because it includes the calendar about the assignments, the test. Students need to keep track the due of them in the courses. Students also need to set up a place for study online which needs concentration, quiet so they can focus on their work without distraction. Students can choose to study in library where all the material they need as computers, books, have and there s quiet. Students can ask the librarians about technical issues and it will be resolved Immediately. Studying at home also Is a good idea. Students control all their rules at home that make them easier to set time for study when their family go out, or study at midnight then students are set free out of interferences. They will feel more comfortable to focus on studying. Next, students should study actively, they cannot wait for help when they got a trouble, they need ask for help as soon as possible. When they get a different subject or the professors explain something Is not bviously, students could be confused, lost. Students need to type, email, and find the answers they need. This is not a time to be scare or embarrassing to show their opinion. In addition, practice is a key for student to succeed, the more they practice the better result they gain. Most think online course are easier than normal courses. It Is big difference. Times for students to study are reduced and the courses go 1 OF2 where students face to face instruction. They have to practice more from the internet resource or from the text book by themselves to reinforce their knowledge and study well in the online courses. Finally, students should be optimistic. During the course, getting a low grade is one thing they might not prevent. Professor could consider them to taking a full course because their grade, their trouble but before the end students don not give up. Sticking with purposes, goals were set when taking the course. They need to learn from the errors to get better. If students made a mistake, do not ignore or avoid it, they should try to fix it by themselves, ask somebody like classmates, professors and if they cannot help, try to do a research in the internet, try the best they can to find the answers. Taking time and thinking positive to practice and improve will help students are successful. Online courses open more the opportunity for students to attend in school. They can succeed their goals like to improve their skills, reinforce knowledge, and get a degree. Online courses provide advantages for students such as flexible in doing assignment, no sitting in class, balance a Job and class. However, it also challenges students who first attend in the online course. Basic computing skills, create a schedule time, and study optimistically will help students improve the chances to achieve success in online college courses. How to cite Examplification essay sample, Essays

Pestel factors free essay sample

The ever-dynamic nature of the business environment coupled by political, economic, social, technological, environmental and legal factors (PESTEL) have contributed to a number of implications to business startup and or operation. Miller (1997) noted that, PESTLE is a strategic framework for understanding external influences on a business. The central thesis of this essay is to cite at least one of each of the PESTEL factors, discussing the implications of each of the factors to business startup or operation. Firstly, Political factors assess that, the country risk rating will remain high because of the just ended elections. The new government has indicated its intention to pursue empowerment programs across all sectors of the economy and the gazetted Indigenization Regulations aimed at attaining that objective. The timing of the implementation of the regulations when there is no money in the market to recapitalize companies, or to fund the purchase of equity under the program; the indiscriminate targeting of foreign investors on a racial criteria irrespective of whether or not such investors contributed to, or benefited to the impoverishment of Zimbabweans prior to independence, and the preoccupation with majority ownership by indigenous Zimbabweans to the exclusion of other modes of empowerment that do not necessarily require equity participation, has raised fears of expropriation of private property. Alexander (1991) added that, although empowerment concepts may appear noble and grand on paper, past experience has characterized the implementation of similar programs with violence, acts of expropriation and clashes between civic society and the State. The new government is likely to perpetuate the polarization of the Zimbabwean society along political lines through it indigenization, with possibilities of violence with impact negatively on business continuity. Consequently, businesses requires regular review their strategic plan as the political situation unfolds and in light of the prevailing economic environment. Further, Economic factors in terms of Fiscal and Monetary Policy shifts are expected as the economy continue the search for a working formula. The economic situation is characterized by high tax regime is likely to persist as the government seeks to generate revenue. Short term survival driven economic policies are likely to perpetuate the marginalization of the poor. Low remuneration for employees could lead into labour unrest. The informal sector is likely to collapse as arbitrage opportunities that were created by hyperinflation disappear. In the short to medium term, the economy is most likely going to be characterized by limited liquidity, short term investor sentiment, high consumptive expenditure with focus on food and other consumables, influx of cheap imported goods, and further strain on the productive sectors of the economy. Also the country does not have its own currency. All commercial activity is conducted in United States Dollars while our Central Bank, The Reserve Bank of Zimbabwe (RBZ) does not have rights to print the currency nor does it have any capacity to supply cash. The cash in circulation is being imported and exported (soiled notes) at a cost. Kaplan and Norton (1996) postulated that, the cost of importing and exporting (soiled notes) small denomination notes is high. Consequently, there is a shortage of change on cash transactions. This shortage of change tends to push prices up as merchants round off the prices of goods and services to the nearest higher denomination. This scenario paints great potential and opportunities for plastic money which puts Steward bank in particular at an advantage with its cash card product and recently lunched Eco-Cash. Socially, the national health situation will continue to be plagued by the HIV pandemic. Shrinking disposable incomes will impact on all citizens, with further increases in poverty, disintegration of family units, deterioration in education standards, and the breakdown of the morals of the society with increase in crime, prostitution, and superstitious practices of magic, occultism and prosperity seeking religious fanaticism that emphasizes instant and miraculous wealth transference at the expense of the values of commitment and hard work. Alexander (1991) emphasizes that, there has also been an increase in robberies including armed robberies as people have to carry cash in order to transact. As the country gets accepted into the international community, foreign cultures will influence social priorities, tastes, and expenditure patterns. Therefore, Steward Bank must insure that they would undertake intensive marketing strategy to put normal moral in the movement of cash in the economy. Besides, through good corporate governance the bank must instil confidence with the local banking sector to the generality of the Zimbabwean populace their by strengthening social well-being of the economy. In Technological sense, in the financial services sector, a poor communications infrastructure has resulted restricted service provisioning by banks and other players in areas outside the major cities. The slow development in communications infrastructure is mainly caused by the high costs in licensing fees as set by POTRAZ and, previously, by the hyperinflation experienced in the country during the Zimbabwe dollar period. In recent times and since the adoption of the Unites States dollar as the main trading currency, players in the ICT industry have embarked on projects to improve the state of communication infrastructure in the country. Similarly, the number of telecommunication services available to users has also increased and the cost of data and voice services is reducing. It is anticipated that these improvements will encourage players in the financial services sector to increase their footprint through technological driven services to the general populace. Other constraints affecting the financial sector with respect to the acquisition of technology include the high costs of software applications and licenses and the acquisition of computer hardware and networking equipment. Despite the constraints mentioned above, wide spread usage of the internet and e-mail will give people easy access to information data bases. Improvement in telecommunications will make the dissemination of economic information easier. Environmental factors include weather, climate, and climate change, which may especially affect industries such as tourism, farming, and insurance. Furthermore, growing awareness to climate change is affecting how companies operate and the products they offerit is both creating new markets and diminishing or destroying existing ones. Legal: Zimbabwe has been plagued by a low respect for the rule of law. This has fuelled corruption and a lot of crime that has gone unpunished. The legal system has also been open to abuse. The restoration of the rule of law will take time as it will be heavily dependent on political developments. Okumus F (2006) noted that, those benefiting from the status quo that encourages selective application of the law are likely to resist the restoration of the rule of law. As a result country risk has been perceived to be unacceptably high by the international community. This has hampered the flow of Financial Direct Investment (FDI) into the country and has negatively impacted on accessing Lines of Credit from international financial institutions. Conclusion: In conclusion it is essential for a business to effectively â€Å"scan† it external environment through PESTEL analysis as it have a great influence to the business. In addition it is also important to be aware of the action of your competitors as these PESTEL factors are in a state of change. Therefore, business need to take a pro-active approach and be ahead of these changes, rather than hurriedly making changes to product and processes in a reactive ways.