certain contribution made by a firm or a corporation in order to find a solution in reference to problems in social context (Ledertoug, 2014). In the beginning of the 20th century the social performance of any business was narrowed to the performance within a market. During this…
too involved in short term goals you can lose out on greater opportunities. An example of this is Kodak since they were a leader in photography products but since they were too narrow minded they never saw the giant opportunity in front of them in digital cameras and sensors until it was too late. All in all, both theories are useful in reducing the agency problem but with anything there is never an absolutely perfect solution to the…
Marketing Management: Case of United Airlines Introduction: In the business market worldwide there are different customer segments that are valuing different products attributes and are having specific & unique desires. Thus, this is where the business organizations are playing role in following different marketing strategies trying to create value for each of their customers. Since there are different forces in the marketing environment that are directly or indirectly influencing the…
Bennett Coleman Group The Times Group is India’s largest media conglomerate with its flagship Bennett, Coleman and Company Limited (BCCL) being the largest publishing company in India and South-Asia. Starting off with The Times of India – which is now the largest English publication in the world, BCCL and its subsidiaries (called The Times of India Group), are present in every existing media platform – Newspapers, Magazines, Books, TV, Radio, Internet, Event Management, Outdoor Display, Music,…
The Firm – KPMG Taseer Hadi & Co History KPMG Taseer Hadi & Co was formed in 1969, when the global accounting firm KPMG and Taseer Hadi joined hands to formally begin operations in Pakistan. International Affiliations KPMG was established in 1887 as a result of the merger between Peat Maverick International (PMI) and Klynveld Main Goerdeler (KMG) and their individual members. The name, KPMG, is taken from the initials of the four founding members of this firm namely, Piet Klynveld, William…
What might be the impact of “three phases of globalization” on HRM? Why should globalization concern human resource managers? Let me start by mentioning the three phases of globalization that were mentioned by Friedman from his book "The world is flat" First phase included countries globalizing from 1400 to 1800 Second phase included a group of companies or multinationals globalizing from 1800 to 2000 Third phase included small groups of people from all around the world and from different…
Government is a group of people who controls and make decisions for the country and there are advantages and disadvantages of having a government. The advantages of not having a government is not having to pay taxes. The disadvantages of not having a government is that we are responsible for repairing streets and buildings, we have to figure out our own way to get our own water supply, we have to pay for police, and we cannot sue anyone even though they do something wrong. If we do not have a…
Abstract A digital leader. A responsible global citizen. A multi-faceted family of companies. An ethical business. Samsung is all of these and more. We will take a look to their strategies and how they met their vision and mission. And how they plan their business model and other strategies especially what is related to the environment impact and green principles. The Samsung Group is a South Korean based aggregate organization that incorporates various auxiliaries. Samsung's essential…
4.2 Climate for Corporate Entrepreneurship at Discovery Limited Corporate entrepreneurship refers to the ability to pursue opportunities in an industry despite the level and nature of the sources available in that time period. This is largely attributed to the organisations entrepreneurial mind-set (Martinkute & Skandarioon, 2013). Here Discovery Limited has proven to be a leading organisation in corporate entrepreneurship with the launching of the Vitality program along with the recent addition…
With the development and rapid growth of businesses, companies nowadays have grown larger and many of them comprise of shareholders who are general publics and these companies are manage by hired managers. This situation has leads to greater agency problem due to conflict of interest between shareholders and company’s management. With so, financial statement and media announcement has become important sources of information for the shareholders to avoid information asymmetry problem. In…