...Introduction Business and environment are two aspects which are interlinked which each and other. When we talk about business, we can never neglect the environment factor and vice-versa. If a person opens a business of manufacturing Glue and Adhesives, He has to be aware of the environmental factor. The interaction\relation between environment and business can be positive as well as negative. The positive relation between these two components could be the awareness which is being spread all over the world about the importance of environment in someone's in today's world. Business produces the goods and services that meet our needs, wants and desires. It is this process that has lead to much of the destruction of the environment that has taken place. This damage continues on a daily basis. Purpose There can be little doubt that mankind and indeed the whole planet is facing an environmental crisis. The environment crisis can be seen as global warming, ozone depletion, acid rain, tropical deforestation or top soil erosion. The role of business is playing a crucial role in creating this crisis and what it can do to help protect the environment in the future. So the purpose is to know how the business can help our environment and in which way it can bring up the positive change. The goals are: * To know how the business is affecting the environment. * To know in what way the business can contribute to the society. * To know what is the present scenario of the businesses...
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...! ! ! David and Goliath at the WTO ! ! 4. Should the United States have abrogated its commitment to gambling services under the General Agreement on Trade in Services (GATS)? Did it have better alternatives? ! ! The United States should not abrogate its commitment to gambling services under the General Agreement on Trade on Services (GATS). It was stated that the GATS was one achievement of the Uruguay round of trade negotiations of the General Agreement on Tariffs and Trade (GATT). The United States was not complying with the ruling according to the Antigua case: “All WTO member nations are signatories to the GATS. So, like the others, the United States is required to meet GATS’ commitments. Because it had formally agreed to exchange ‘gambling and betting services’” (Steiner and Steiner, 431). In other words, the EU nations settled without bringing the case in front of the WTO in 2007. If the United States were to repeal its commitment to gambling services under the GATS, it would be inconsistent. There would be an “inconsistent policy of privileges and prohibitions based on patchwork of state laws predating Internet technology. This policy is increasingly out of step with public behavior. It is also awkward to maintain it under global trade rules” (Steiner and Steiner, 435). Since the online gambling market was increasing, it was seen that the broad ban was unworkable. We decided that the United States should use the Free-Trade Policy as an alternative...
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...identify real causes of child abuse and molestation, and what is considered sexual abuse. ABC Equity considers that the crucial phase before the approval of this law, is to focus in educate the community and also train the personal responsible to report any signs of sexual abuse. ABC Equity will not stay crossing-hands just waiting for the law to be passed. We will be working actively with the Connecticut law commission, to create a training program that involved small and medium size business in Connecticut, in order to create a new law that protect our child, but at the same time educate the community and the employees. In addition, ABC Equity will be supporting small business partners in Connecticut providing speeches and in-person training, with the finality to help these companies to comply with the new law and make the transitions more understandable and easy for the employees. It is important highlight that this new law is looking for to protect our children. For some small business will not be easy at the beginning to educate their employees with the compliances of the law, and could cost a sum of money. However, supporting the law will be an excellent marketing strategy for any company in the long term, because this is simply case of Social Responsibility. Question # 2 From: Executive Team To: All our Employees Statement To all our team members; Due to the economic situation and recession that has...
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...07/15/2014 Ghana and the Issue of AIDS The AIDS virus is a deadly disease with no cure. Although there are ways to prevent the disease, and medications to help with the symptoms if someone is diagnosed with the disease. Unfortunately, in places where there is high poverty and a lack of education, people die from AIDs in high numbers. Ghana is such a place. In 2011, the country reports that a total of 14,000 people died from AIDs, at the same time, 12,073 new HIV infections were recorded. In 2011, Ghana had an HIV population of 225,487 with 30,397 of those being children. Perhaps the most sad and shocking fact is that an estimated 172,000 children in Ghana were turned into orphans by AIDS when their parents died. These facts were reported by by Dr Richard Amenyah, Director of Technical Services at the Ghana AIDS Commission (GAC), when he presented a paper on the “Overview of the National HIV Response: Achievements and Challenges”, at the opening of a three-day media training workshop organised by the GAC. The workshop was attended by about 50 journalists in the Central Region to help them improve upon their reporting skills on issues concerning HIV and AIDS. Another shocking fact is that according to UNAIDS Global Epidemic Report for 2011, although the numbers for 2011 were very high, Ghana had reduced new HIV infections by 66 per cent from 2001 and 2011. Those kinds of numbers of people being infected are shocking in this modern world. However, the good news is that with careful...
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...* Authority – The power to hold people accountable for their actions and to allocate organizational resources. * Bureaucracy – Formal system of organization and administration designed to ensure efficiency and effectiveness. * Competitive advantage – The ability of one organization to outperform other organizations because it produces desired goods and services more efficiently and effectively than they do. * Conceptual Skills – The ability to analyze and diagnose a situation and distinguish between cause and effect. * Controlling – Evaluating how well an organization is achieving its goals and taking action to maintain or improve performance; one of the four principal tasks of management. * Core competency – The specific set of departmental skills, knowledge, and experience that allows one organization to outperform another. * Department – A group of people who work together and possess similar skills or use the same knowledge, tools, or techniques to perform their jobs. * Effectiveness – A measure of the appropriateness of the goals an organization is pursuing and the degree to which the organization achieves those goals. * Efficiency – A measure of how well or how productively resources are used to achieve a goal. * Empowerment – The expansion of employees’ knowledge, tasks and decision making responsibilities. * First-line manager – A manager who is responsible for the daily supervision of non-managerial employees. * Global organizations...
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...T0: Connie Marie Gaglio, PhD FROM: Jia Yi Mai DATE: 3 November 2015 SUBJECT: Memo 3, Can Conscious Capitalism Solve the Problems Created by Gilded Age 2.0 The era of the gilded age 2.0 was characterized by rapid economic growth especially in the North and the West of America. The market was operating on a laissez faire basis of capitalism. The social gilded age was characterized by a period of boom. Firms needed to produce more output in order to maintain their income level and position in the market. In a period of boom, families needed high wages to sustain them. Thus there was child labor where the families sent their children to work in the warehouse in order to earn more wages as a family. People were anticipating for a high period of inflation. The interest rates went up due to the looming inflation period that was as a result of the economic boon in the era. In addition the gilded age era brought up political issues such as tariff. The protective tariff that was set by the second James Madison administration was high (Lucas, 1980). This discourages the importation of goods from other countries and only favored that Americans. The trade relation between America and other countries was affected thus setting entry barriers of other multinational firms. Conscious capitalism is guided by ethical standards. The firms operate in an ethical manner that is not meant to harm the consumers. A conscious capitalism enhances better financial performance. The value of conscious...
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...Critical Thinking Draft and self-evaluation December 25, 2013 One of the arguments in my paper states that “when both parents are in the home with the child every day, that child has more stability.” According to Professor Paul Amato of Pennsylvania State University, who recently conducted a research, he wanted to know the difference between children raises in two parent house hold verses one parent house hold. His research proved that “Children from single parent families have “more behavioral problems, more emotional problems, and lower levels of school engagement (that is, caring about school and doing homework).” This argument is informal http://www.families.com/blog/children-benefit-from-two-parent-families Then my next argument stated that “when single mothers are raising children without the father in the home children are being disciplined less.” Therefore I done some research and found that according to (Campbell, 1993) “Not only do fathers enforce gender norms more than mothers, they do so more strongly on boys than girls. For “most men…an effeminate son is far more worrying than a tomboy daughter. The father places heavy emphasis on the avoidance of feminine behaviors, rather than on the active encouragement of masculine ones.” Fathers’ own “masculinity” influences boys’ development in ways that are unclear at best.”166 Even though I have some evidence that proves my argument, this is still an informal fallacy because not all children of single mother behave...
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...of living because they were under the rule of the Lord. This meant they had to give back to the Lord. The church required 10% of everything the peasants produced. They believed in the Lord but work was still perceived as punishment by God for man’s original sin. Work was heavily despised due to the risk of death. Work in crops was standard for male peasants and if those crops failed, they were given harsh penalties. They were forces to eat grass, nettles and other plants. Many starved to death. Whilst work was potentially life threatening on a daily basis for peasants, it was the only way of life they were accustomed to. The higher level of society in the middle ages lived off the peasant class. Therefore society was divided into two classes – The filthy rich and dirt poor. The Lords and priests comprised the second level of society. There was no way for Peasants to move up into the second level of the social order as the duty of the worker was to remain in his class, passing on his family work from generation to generation. Whilst the lower...
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...as well as the advantages and disadvantages of controlling costs and budgets. I will also explain what may occur in a business in my case Morrison’s if costs and budgets are unmonitored. For Morrison’s the money that comes in must be more than what goes out, it's very important for costs to be controlled against budgets so that you don't overspend and make a loss. The costs that have to be managed are fixed costs & variable costs. It is extremely vital for Morrison’s to manage its expenses so that it can keep control of its financial resources efficiently. The reason Morrison’s needs to control their costs properly would be so it can save money on expenses and increase in revenue. This will help Morrison’s to increase its revenues and eventually making more profit. For example, Morrison’s should control its costs so that it saves money, they can do this by having the right amount of stock, so then Morrison’s can have the full benefits of selling the existing stock and receiving cash which could be used for other areas of the business, or simply to replenish the stock again. There are numerous issues with inadequately controlled costs & budgets within an organisation. Firstly, poorly controlled expenses may lead to a rise in costs which the company may not have the obtainable resources to accommodate the extra costs. As a result of this, the business will have to raise these finances from an additional funding source, such as an overdraft for a short term borrowing to...
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...Business Society and Ethics 2/4/15 Based on the analysis required for this assignment, we are told to assume that Jack Ma has acquired the West Texas Fertilizer plant. From prior knowledge, I know that Jack Ma is a staunch “advocate for corporate social responsibility” and is a major advocate for improving the “environment”. I have also learned that Jack Ma is an individual who pays attention to social issues and works to ensure that some sort of change is brought forth to improve these issues. Based on the background information given about Jack Ma, I can assume that if Ma acquired the West Texas Fertilizer plant he would conclude that the fire in which took the lives of 35 innocent individuals is due to the irresponsible actions of the company owner. He would conclude that many alternate steps could have been taken to ensure that the fire would not occur. Ma would not only take steps to improve the infrastructure of the West Texas Fertilizer plant but would also improve the social structure of the plant because he is not concerned about maximizing profit for the benefit of the corporation but he is more concerned with making “healthy money, enabling people to enjoy their lives”. The first step that Ma would take is to “reboot and revisit the initial dream the company had while questioning what is the sole purpose of building the business”. He would then try to better educate individuals on issues relating to the plant. These educational forums may include...
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...Law in business and society The United States Constitution states in Article VI that the Constitution, and all laws made under it, “shall be the supreme Law of the Land”. These laws affect all persons and entities on a daily basis. In this paper I will specifically deal with the laws related to business and the authority bestowed upon the Congress under Article 1 section 8 of the Constitution, also known as the Commerce clause, and how those powers are addressed in the case of Cipollone v. Liggett Group, Inc. et al., 505 U.S. 504 (1992). Cipollone v. Liggett Group, Inc. et al., 505 U.S. 504 (1992). In the case of Cipollone vs. Liggett, the plaintiff, Cipollone, filed a lawsuit against tobacco manufacturer Liggett for violating New Jersey State statutes dealing with consumer protections (Melvin, 2011). The case was heard by the United States Supreme Court because of the contention that the New Jersey statutes were in conflict with United States federal law. The authority of the Court to hear a case of conflict between federal and state laws was spelled out in the case titled Marbury vs. Madison(1803) which gave the Court the power of judicial review of any laws thought to be in conflict with the US Constitution. The court ultimately ruled against the plaintiff finding that the New Jersey statutes did conflict with Federal law and were preempted because of this conflict. Commerce Clause The Commerce Clause of the US Constitution is found in Article 1, section 8 which states...
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...The involvement of government, business and civil society institutions in the diagnosis and solution of societal problems has been in existence for ages, but the concept has gained more supports in the international development arena in recent times The relationship between government and business is complex, with both positive and negative aspects in terms of what can be called “the public good”. This notion of “public good” changes depending on one’s ideology and this makes the appreciation of the phrase even more complex. Therefore, an accurate understanding of the relationship that exists between the three requires an examination of the three main theories of political economy – the free market economy, socialism and mixed economy. Business, government, and society interact and influence each others' specific objectives and goals. Business, Government, and Society Business, government, and society have similar goals and objectives. How can all three affect each other? Let's make sure that you have an understanding of each term. Society is a group of individuals who reside in communities that have shared values and laws. In addition, society is made up of different religions, cultures, interests, attitudes, and lifestyles. Business consists of organizations that participate in consumer, industrial, or economic activities for a purpose, such as profit or non-profit means. Government refers to the governing body of a nation, state, or local community. In this lesson, you...
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...Ethics in Business and Society Perfect wisdom has four parts: Wisdom, the principle of doing things aright. Justice, the principle of doing things equally in public and private. Fortitude, the principle of not fleeing danger, but meeting it. Temperance, the principle of subduing desires and living moderately. Plato (427?-347? B.C.E.) When I first decided to take the course titled Business and Society 4395, I had no idea of all the dimensions of ethics or how ethics is intertwine into the business workforce and today’s society. To be honest, I actually thought that business people had very low ethics with their main focus on the contracts and/or the highest bid. I learned that society painted an image of questionable ethics by associating practices or traditions that are unethical and illegal or legal. Some of my classmates in my course did not believe that certain practices were a matter of ethics, however, they expressed that it was just the norms of business. For example, during class I received a handout that explained four situations and I had to choose if the details were ethical/legal, ethical/illegal, unethical/legal or unethical/illegal. Each situation I was familiar with in some way. I knew if the situations were legal or illegal right away, but I could not choose if they were ethical or unethical. I realized my mistake was believing that what I learned, while growing up, taught me how to behave appropriately in the business world or social situations...
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...IBM, chapter 8, p. * Why did ibm not have any women managers? Tradition of the corp was: Fired all the men and hired all women IBM isn t much better than any other company with regard to women. * Issue: whether or not we practice the ethics we learned: treat others how we want to be treated; do unto others as you would * Businesses are requiring a group of laws that state we are treat everyone equal. * The govt , the courts, are putting business people in jail who are practicing unethical behavior. Bernie Everrs (spelling): Do people like Bernie type people to get away with it? Yes Bernie went to jail. US Steel – CEO paid for people to take corporate jet places whereas people were asked to take a freeze for the next couple of years because they are running low on cash. The members were told they needed to take cuts while the CEO was taking trips etc. and living large at the expense of its employees Test Question: At least one on the ethical construct of business. First cut forest of PA a hundred years ago clear cut trees. President Taft passed law for Federal Forests. The company that cut all the wood and did not leave anything were unethical. In 100 years we now have more forests than we had even 100 years prior. An ethical behavior is about what would be good for everyone a hundred years ago. FDR, Gifford Pinot, and president Taft helped to pass laws protecting forests. Gifford Pinot started the Liquor control Board...
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...lines: no man is an island; we are all responsible for each other. N.O. speaks about a company’s responsibility to society as being about more than increasing profits. Whether profits are increased or not, he argues that companies have a moral obligation to better the living conditions of the societies within which they operate. And indeed, if one person is able to make a difference, imagine what a single company- with access to more resources, more manpower, and above all, more funds- could do for the community. Being a successful corporate citizen is about more than writing a cheque: companies must integrate corporate responsibility into their business models and focus on the areas where the greatest change is required. In the aftermath of apartheid, South Africa is faced with a new set of problems, vastly different to that, that was championed by Harry Oppenheimer. In the midst of political stability, and relatively steady economic growth, we are faced with the reality of abject poverty, illiteracy, HIV and growing inequality. Nearly 24 million people live below the poverty line and the recent spats of violence that erupted as a result of this volatile situation (such as the xenophobic attacks, and assault on Eskom staff in the rural areas) serve as a warning of what will come if the rich get richer and the poor, poorer. As Pravin Gordhan said, “we need business leaders who will say: “I have enough, I have to share for everyone’s benefit.”” In this paper, I will discuss...
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