Roles and Responsibilities Essay

and importance of Corporate Social Responsibility (CSR). Which approach to CSR is closer to your own views? Justify your answer. If both or neither? Justify your answer. The term business is described as “the activity of making, buying, or selling goods or providing services in exchange for money” (Merriam-Webster, 2015). Human kind has been establishing businesses since their existence in the world. In order to understand what corporate social responsibility is, the term ethic must be…

The term “irresponsible management” is complex to explain. A simpler way is to consider what a manager should do that is “responsible management” which can be defined as business decisions being made with taking into the interests of shareholders as well as stakeholders with the intention to balance the wellbeing of the entire world (environment, people, businesses) (Armstrong, 1977). Therefore, irresponsible management is about business decision making that involves a gain by shareholders at…

Communicative leadership in an intercultural context: A case study of Volvo Group. Introduction Today, multinational corporations are looking for managers that are capable of managing a diverse workgroup and that are aware of the unique transnational business climate (Chong, 2014). However, selected managers have a tendency to not complete the international expansion due to difficulty of adapting to the new country (Jones et al., 2014). This proves the need for research on intercultural and…

Business ethics refers to an essential and historic aspect of every business organization. It concerns the moral and traditional values that an enterprise follows and promotes to the general public. These include; producing good quality products, providing effective services to customers, supporting social causes such as contributing to environmental and health campaigns etc. In today's globalised world the concept of business ethics becomes all the more important as certain business…

I have chosen Nestlé (Malaysia) Berhad as the business organization that I would analyze in this assignment because Nestlé Group is a vast and very well known organization in the world. The tagline of the organization, “Good Food, Good Life” clearly implies that Nestlé is a people-oriented organization that is committed to understanding its consumers’ needs and delivering the best products to improve the quality of its consumers’ life throughout the world. The assignment will cover the history…

the Singapore Kindness Movement (SKM), a non-profit and non-governmental organization, was set up to encourage graciousness amongst Singaporeans. It aims to spread awareness, influence people to spread kindness, and instill a sense of responsibility in themselves. (SKM, About) has also commissioned a survey called Social Graciousness Index (SGI) to measure the level of graciousness based on people’s experience and perception of graciousness in Singapore. (Graciousness: Improvements…

well management, good place to work, good employees, and high standards treating people. The second component, ‘social corporate reputation’, is related to the environmental reputation regarding the support to good causes and the environment responsibility. Table 22: Component Matrix Corporate Reputation Table 23: KMO and Bartlett's Test Corporate Reputation Perceived quality The characteristics of LCG's perceived…

2.4 CORPORATE SUSTAINABILITY THEORIES Rezaee (2017:69-73) discusses several theories including shareholder, stakeholder, resource-based view of the firm, institutional, legitimacy, and stewardship relevant to corporate sustainability. These theories can collectively explain the interrelated dimensions of sustainability performance and their integrated link to corporate culture, business model, and managerial strategies, processes, and practices and their implications for international…

2.4 Theoretical Background This research project is based on four main theories, which are: (1) the Resource-Based View (RBV); (2) Upper Echelon Theory; (3) Corporate Strategy; and (4) Organizational Isomorphism Theory. The details of each theory are provided as follows: 2.4.1 Resource-Based View (RBV) The Resource-Based View of the firm continues to grow in the field of business policy and strategy. RBV means that the business performance is determined by the internal nature of the…

A business leadership degree is for you if you aspire to be a key leader in an organization. This degree is not just for business related careers. It combines the studies of human relations, social science, business, communication, law, and leadership to give you the skills to lead in government agencies and non-profit companies as well as corporations. A business leadership degree is a great complement to any educational background. The global economy needs qualified people to lead companies…