Diffusion of responsibility

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…

6. Damco’s strategy As per Hanne Sorensen, Global CEO, having sustainability as an integrated part of our business builds value for Damco, as well as for our customers, our employees and our communities (Damco, 2013). Damco believes that the ability to deliver operational excellence and effectively manage its own business as well as the logistics solutions agreed with its customers, requires that internal and external requirements and business rules are clearly documented and communicated,…

Business sustainability is often defined as managing the triple bottom line. This is a process by which companies can refer to the areas such as: profits, people and planet financial, social and environmental risks, obligations and opportunities. These three impacts can also be commonly referred to as profits, people and planets. (Lexicon, Financial Times) Business sustainability requires firms to adhere to the principles of sustainable development. According to the World Council for Economic…

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…

CSR which is known as corporate social responsibility is a conviction that the welfare of the different partners influenced by those exercises ought to be contemplated. The part that CSR plays in the connection between an organization and its host nation includes international social responsibility. International social responsibility is simply the desire that MNC's worry with the social and financial impacts of their choice in regards to exercises in different nations (Deresky, P. 41). The…