organization could not succeed (Three Basic Beliefs, 2007). Organizational culture at Wal-Mart encompasses several key concepts, including sustainability, associate values and benefits, community giving, foundational and matching grants, scholarships, volunteerism, and personal development. Its effects are observed throughout the organization, from high level executives taking time to listen and respond to concerns of front-line associates choosing to exercise the open door policy, to employee…
Recently, we have seen a shift in literature from the socialization-approach to an institutional perspective when trying to explain the origins of social capital. There is an increasing recognition that the welfare state plays an important role in social capital creation. More precisely, it is argued that the capacity of citizens to establish social trust and their preparedness to engage in cooperative behavior is highly dependent on the efficiency and trustworthiness of bureaucratic…
Overall profits have to be looked at deep within the financial statement of any company, but the bottom line always remains the bottom line. Within Best Buy, we see that the company's total liabilities are 60% of total assets. Liabilities have increased from March 2003 at 177,000 to February 2004 at 765,000(Quotes & Info- Best Buy Co Inc (BBY)). This puts their liabilities at a high risk for investors. Their top competitor, Circuit City, holds only 30% liabilities to assets. This creates a…
Most nonprofit leaders could do more work if they had more money, more access to decision making, more talented board members, etc. They are often, in fact, "under resourced". Since money takes a lot of energy to acquire, hyper-cost-consciousness is often present. In addition, organizations may carry an altruistic sense that "most of our resources should go to the clients". As a result, many nonprofit organizations frequently have underdeveloped infrastructures. Nonprofit staff are often more…