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Mgt 498 Wk 2 Reflection

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Submitted By DT2014
Words 880
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Discuss this week’s objectives with your team. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field.
Prepare at least a 350 word paper detailing the findings of your discussion.

Click the Assignment Files tab to submit your assignment For this week the topic Julio felt the most comfortable with is social responsibility. At the beginning of chapter three the definition is explained as have a duty to the community where you operate in other than making a profit off that same community. It does not necessarily mean that a private company has to turn into a not for profit organization but that it can also take the community and the environment into consideration in its day to day operations. Interestingly enough, on his way home from work on Monday he heard on the radio, NPR to be exact that millennial when joining the work force after college take into consideration what a company does for its community much more than any other generations before. To this generation a solid corporate social stance is just as important as a benefit package. Jeremy found this week’s reading very interesting. In chapter four, the discussion was primarily geared towards the concepts of a strategic management and business model. While going over the information, he came across an issue that he loves to talk about since this subject is close to his heart. The issue was the environment, and how business can make a profit while taking the environment into consideration. In this case, the readings were demonstrating the science and policies surrounding decisions about the environment. Decisions such as how to lower your own personal carbon foot-print or STEEP analysis’s, identifying external variables, are interesting discussions that are not often discussed. His favorite

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