Strategies of CSR in Business

Strategies of CSR in Business EXECUTIVE SUMMARY: This is a business report submission of my Understanding of approaches to Business Management, strategic planning and Corporate Social Responsibility challenges in Micro, SMEs and Corporate Businesses or organisations. INTRODUCTION I would like to look into the definitions or meaning of sustainability in business, strategic planning and CSR, before I commence fully on this report. Strategic planning:-Its the concise and clear plan that is put in place for a business to achieve and meet its objectives and goals if the organisation wants to survive, succeed and thrive. Sustainability: according to (Cavusgil, 2017) Meeting humanitys needs without harming the future generations. Corporate Social Responsibility : definition hasnt been widely accepted according to (Godfrey and Hatch, 2007), but its definition simply is corporate social responsibility and this is not just limited to multinational companies but to micro, small medium sized enterprises as well, in that it has a responsibility to its stakeholders and shareholders in dealing with their needs in ensuring that trading is ethical and that employees have rights within the organisation, aiding the   the community as well is impacted positively   and that the environment is not negatively affected with their business dealings and no illegal dealings in their transactions but home and abroad. DIFFERENT APPROACHES OF MICRO, SMEs AND CORPORATE BUSINESS TO BUSINESS MANAGEMENT, PLANNING AND CORPORATE SOCIAL RESPONSIBILITY According to (Eweje, 2014) findings   is that Multinational enterprise that are in operation in developing countries do contribute to job creation growth and development and poverty alleviation there, but when compared to developed countries they do not pay much attention to CSR and sustainability. In SMEs operations since they do not usually have enough capital and have fewer employees compared to corporate business enterprise, this makes them more adaptable in their business dealings and transactions either locally or internationally. Business plan so that they can achieve their goals e.g. in using the swot analysis by analysing situation internally which is the strength and weakness of the organisation and external analysis looking at the strength and weaknesses. Its through corporate governance that multinational companies ensure that corporate social responsibility, sustainability and strategic management are been undertaken. For Micro, SMEs and corporate Businesses, their approach to Corporate social responsibility is quite similar in that they ensure that the human rights of their employees are a priority, ensuring that employees do have a right to join any union, health and safety is been observed at workplace, also that there is no child labourer working for the organisation and that they do not contribute to global warming e.g. recycling,   no illegal dealings either nationally or internationally, and that they support poverty alleviation in developing countries. DIFFERENT TYPES OF STRATEGIES THAT BUSINESSES USE TO OPERATE IN AN ETHICAL AND SUSTAINABLE WAY When companies observe Corporate Social Responsibility and basically incorporate it into the daily culture of the organisation they are behaving in an ethical manner. When an organisation, firm or enterprise observe some of this practices such as ensuring that there is no water wastage by recycling it, clean water, minimises air pollution, reducing an organisations carbon footprint ensure health and safety at workplace, they are operating in a sustainable way that will lead them having a competitive advantage over other companies. Also they are operating strategically and in a sustainable way when a company looks for ways to ensure that it makes an impact in the community by creating jobs locally, probably in a community that it is obvious that it is disadvantaged. If it does not use children as staff i.e. child labour or does not do anything that might negatively impact the health and wellbeing of its worker, wages and salaries should be fair, recruitment as well should not be discriminating   a safe working environment, creating opportunities for career development or improving skills of employees, which will lead to employees been retained rather than looking for other job opportunities that will improve their prospects in the future, also providing benefits for those that will eventually retire, which will make employees have something to look forward to. Ensuring also that pollution is not an issue and that waste are been reduced in their manufacturing processes. HOW COCA COLA, ADNAMs AND SMEs IMPLEMENT CORPORATE SOCIAL RESPONSIBILITY Coca cola implementing corporate social responsibility in India, according to (Vikalpa 2014, p.100) in summary, Coca-Cola in India   initiated   some steps   in   implementing   sustainability when there was scarcity of water in the region of Rajasthan,   they provided irrigation that led to the supply of water   to farmers   by doing this they   were able to provide water to the local communities , this action   enabled them to gain the confidence of the villagers   and the initially sceptical   eventually developed   trust in them   and also ended up cooperating with them. Coca cola invited the villagers and their leaders to come to the factory and see their water management processes, they used resources, labourer, contractors from the community and they ensured they were quite open in the use of the funds REFERENCES Cavusgil S Tamer, Knight G, Riesenberger John R. (2017) International business [electronic resource] : the new realities :Pearson, Global Edition, 4th Edition Eweje .Gabriel.(2014) Corporate social responsibility and sustainability [electronic resource] : emerging trends in developing economies   :Emerald Publishing,2014 Godfrey PC, Hatch NW.2007.Researching corporate social responsibility: An agenda for the 21st century.journal of business Ethics 70(1):87-98. Maria-Alejandra, Gonzalez-Perez and Liam Leonard.(2013) International business, sustainability and corporate social responsibility [electronic resource] : Emerald,2013 Paul J and Adrian Woods. (2001) Strategic Management: a fresh approach to developing skills, knowledge and creativity Chaklader B and Gautam N, 2014, Efficient Water Management through Public-Private Partnership Model: An Experiment in CSR by Coca-Cola India: Vikalpa: The Journal for Decision makers. Jan-Mar2014, Vol. 39 Issue 1, p97-104. 8p.

Film review of Romeo and Juliet Essay

Tears, laughter, fear and desperation. These are just some of the emotions you’re guaranteed to endure whilst viewing the epic tragedy that is, â€Å"Romeo and Juliet†. This classic love story was first written by William Shakespeare in 1591, it was adapted for screenplay by Baz Luhrmann and Craig Pearce. This version was first released in 1996, Baz Luhrmann, the critically acclaimed director of the film, brought a modern, energetic and unforgettable quality to a fantastic theatre piece. With a budget of $14,500,000 and making $46,400,000 in the box office, â€Å"Romeo and Juliet† was an immediate hit. This was highlighted in awards ceremonies where the film achieved 3 BAFTA’s and 2 Oscar nominations proving its heartbreaking brilliance. â€Å"Romeo and Juliet† begins with the knowledge that two ‘star-crossed lovers’ have taken their lives due to constant bickering and fighting between two dignified and highly respected families, The Montague’s and The Capulet’s. At the start of the film, we are taken on a whirlwind tour of Verona beach, where the movie is set, we can see that a high proportion of the businesses are owned by either the Montague or Capulet family. During the appearances of the Montague and Capulet families, we can see a significant difference immediately. The Montague’s wear bright Hawaiian shirts and board shorts, whereas the Capulet’s look a lot more sophisticated, wearing mainly black/brown western styled outfits. This makes you think that perhaps the Capulet’s are a lot more serious and noble than the Montague’s in the younger generations. The movie takes us through Romeo and Juliet’s story, from a fairy tale meeting and a lustrous affair, to true romance and passion that eventually leads to their deaths in one of the most moving scenes in film history. With a cast of stars, including Leonardo De Caprio (Titanic, The Beach, The Talented Mr Ripley) playing Romeo and Claire Danes (Polish Wedding, Stray Dogs) playing Juliet, the film was always sure to shine. The tears Romeo cries appear to come straight from the heart of De Caprio, this leaves you wanting to solve his problems and see that Romeo and his Juliet are together forever, which they of course are. Baz Luhrmann was born in Australia but grew up in Northern New South Wales, he first began film productions in 1985 after attending the prestigious National Institute of Dramatic Arts in Sydney. The first well-known film that Luhrmann independently released was â€Å"Strictly Ballroom† (1992) surprisingly â€Å"Romeo and Juliet† was only the second major film he released, in 1996. This was followed by the enchanting and mesmerising â€Å"Moulin Rouge†(2000), which was an immediate hit, boasting one of the most astounding soundtracks ever made. The music in Luhrmann’s films seems to revolve around a theme of amazing orchestral pieces building up to climaxes that make your hair stand on end. In both â€Å"Moulin Rouge† and â€Å"Romeo and Juliet†, Luhrmann uses singers to give you goose bumps, that are superior to any previously heard. Besides his ability to give you singing voices that will fill you with tears or joy, Luhrmann also achieves this with his perfectly selected sets. During one of the final scenes, in which Romeo finds Juliet, the family tomb is filled with candles, the dim light shed from these gives the perfect romantic yet tense atmosphere that the scene requires. Before the final tragedy occurs, Luhrmann draws you into the puppy love apparent in Juliet and Romeo, portraying them as ‘Loves Young Dream’. This only makes it worse when you witness their dreams being shattered. The circumstances of their deaths were always going to be heart-wrenching, but Luhrmann breaks your heart, as Romeo gently walks through the dimly lit tomb to his ‘dead’ lovers side. Their last kiss is almost as traumatic as the deaths themselves, to see the fear and desperation in Juliet’s (Clare Danes) eyes, knowing she’s lost her first love. It’s at points like this, that you can see how talented Luhrmann is at raising the anticipation up to a level at which you actually need to know more. Throughout their (Romeo & Juliet’s) final kiss, you find yourself praying Juliet wakes up, even though you already know she wont. Even though this is the film’s most tearful moment, the most spectacular scene is the confrontation at the petrol station, which gives you an idea of the rivalry and sheer hatred between the two families. The line â€Å"Peace, I hate the word, like I hate†¦. and all Montagues. † Spoken by Tybalt, a Capulet, this shows how forbidden Romeo and Juliet’s love would have been. However, there are points at which the delivery of lines is somewhat impersonal, for example in some scenes involving Juliet and the nurse, its almost as if the characters don’t actually know what they’re saying in modern English, and have purely learnt the lines without pursuing the issue further. Yet, with other characters, such as, Romeo and Mercutio, you actually feel that this is the language they normally use, the delivery of lines is in such a way that the actors appear to be deeply involved with their character. MERCUTIO is such an effective Mercutio, he brings comedy to every moment, even when he is dying he would make the audience giggle, if they were not so emotionally torn by emotional pain at the same time.

Political Risk International Business

POLITICAL RISK IN INTERNATIONAL BUSINESS The term business normally refers to the act of doing any transactions that ends up in earning or losing money. The act that is ending up in financial implications is called business. This business can be considered as a result of collective commercial transactions of all types involving government, private, corporate, individual or a group of individual, and so on.Anyone involve in the business usually undertakes such operations only for the purpose of making profit, and only in the case of government involved business, there will be some other reason than profit making which could be political, economical, etc. International business is recognized and / or defined as the business that is done across two or more country borders. International business involves selling, buying, making investment, transporting goods, logistical activities, etc between two or more countries.The companies that are doing business worldwide are called multinational companies (MNCs). These companies are normally formed and incorporated in one country and then create their operations in various countries, and will have access to all the markets wherever they do trading. These companies are having different strategies and different approaches for different country operations due to many factors such as culture, interest, etc of the people in those countries. To mentions some examples, McDonalds, Sony, Shell, General Motors, Toyota, etc.The very basic purpose of doing business is only to make money, predominantly, although there are businesses which are not mean for money or profit. Hence for the international business also, the basic purpose will be only profit making. However, there are some additional purposes for the international business, since the effort involved in the establishing the international business is more and complicated than just doing a domestic business. Some of the purposes of international business are discussed hereunder. New Opportunities: While the corporations are extending their operations to the international market, the opportunities for them to develop their business and increased sales / revenue are more. Since the international business brings new products and new services to the country, there will be a good opportunity for finding new customers, and making a good volume of sales among the customers. Also, based on the geographical conditions, climatic conditions, available resources, etc there will be more opportunities for the MNCs to develop their business in terms of infrastructure, product lines, etc.Low Cost: This is an advantageous purpose for the MNCs to have their operations in various countries. In countries like China, India, the human resources will be available in large number and hence the cost of labour becomes comparatively cheaper with the countries of origin of those MNCs. Hence the companies start their operations in those countries and reduce their cost of production les ser and lesser. Those products that are produced from there can be transferred to the other country’s operations of the same MNC. Hence over all the company’s cost of production is slashed to a very minimum amount.For example, many Sony opened their operations in China, and most of the Sony products available in any of the country come from the manufacturing units of Sony in China. This way Sony capitalizes the international business concept. Resources: Resources are one of the major assets for any organization. Business while going international, get opportunities to improve the standard of the resources, many times at a cheaper cost. While the business is international, the organization will have access to various types of resources from various countries.This is an added advantage to the company in developing their knowledge, and work force. Hence cross country knowledge is acquired by the organization, and hence the knowledge repository of the organization grows an d hence to get more benefit from the resources. Just like the way the international business provides lots of benefits, there are lots of risks associated with the international business, which are discussed hereunder. Strategic Risk: Many of the international companies try to implement many of heir business strategy across all their branches in all the countries; however, due to many changes that exist between the countries wherein the operations are undertaken, many times the strategies will not work. For example, a strategy designed for the summer seasons in one country may not work in another country, since there could be a different season at that time, and vice versa. Hence strategy management is a potential risk in international management. Operation Risk: International business operations are happening across the globe.The practical situation in one country and the situation in another country will never be the same. Mode of transport, maintenance of machinery, supply and de mand of products required for production, logistic and inventory issues, etc will be on a regular basis and will create problem for a smooth production processes. Major cause of this operational risk will be the capital market variances between the countries and assets that are involved in the operational activities. Technological Risk: International business is highly dependent on the technology especially in terms of communication and transaction.There is always a big risk in the security part of the electronic transactions and hence that creates a major risk for the international business. Cost of newer technologies, redundancy of the old technology and the locked cost in such investments, etc are the major risks due to technology. Environmental Risk: While the environment, such as air, pollution, water, etc of the country wherein the operation is happening is affecting the people and creating an environmental issue, which affects the reputation of the corporation functioning the re as well.The corporation also socially becomes responsible for such devastation of the environment. Economic Risk: This is anyway not in the hand of the business. If the country in which the business operation of the MNC is happening is not able to control the economic problems, which will eventually impact the MNC as well. Exchange rate, monitory policy, etc are the cause of such economic risks. Financial Risk: Currency rates and inflation rates are major cause of this type of risks. The financial situation of the country becomes instable, and that hits the organization badly.While the government does not have strict rules in areas such as transferring investment funds to other countries, the economic financial conditions become worse. However, the Political risks in the area of international business are large and are highly considerable more than other risks. Since international business is happening in different countries, the business is facing directions and regulations from various political governments. Any changes that are happening in the political situations will have an impact on the way the business is running the country.The leader of the country or the political person in the country will be responsible for such impact of risk; however, the organization will have a lesser say in such situations. The possibility of international business risks is always high. The very moment the business goes abroad, the government to which the business is subjected to will change. Hence irrespective of the amount of impact, there will be surely impact on the business from the political side. The government issues related to the overall country-wide policies, changes in the higher officials such as ministers, or other such positions will directly impact the business.The impacts of the risks are varied from soft to extreme. Terrorism, war, etc are extreme risks, while change of president or prime minister, or different political parties coming into power, etc is moderate risks. However, it is easy to understand and accept that any of this risk will surely be in existence in any given country and hence that will affect the business organization which is doing an international business in that country. The political risks can be classified into micro risks and macro risks.Micro political risks are very common to the country in which it is happening, and will affect the entire company’s existence in the company or something of that magnitude. For example if there is a political instable relationship between two countries, then there will be a risk of closing down the business of the organizations in one country who base location is the other country. On the other hand macro level political risks are something that is affecting all the international business in host country in which the political changes are happening.For example, if there is a political emergency in the county all the international business would come to cease. Such em ergency may also work against the foreign direct investment from all the countries, which is again nullifying the international business in the host country. For any risks that are faced in the business, multiple solutions are available. In the context of political risks related to international business, the general strategy the MNCs normally follow is to do a political risk analysis on the country in which the MNC is going to start its operation.If the international business is just about making a foreign investment, before the investment is made a good and detailed risk analysis or research is advisable. There are many independent consultants who do such risk analysis and researches on potential countries. Such reports can be purchased by these MNCs or they can form their own team in making such analysis. MNCs can also adopt some risky strategy which has to be calculative.At times, while investing in a country which is proven for political risk, the MNC can see a better and attra ctive return from the investment. Hence the strategy needs amendment based on the negotiation with the host government for further compensations and at the same time providing some reasonable benefits for the country resources, such as man power, and other structural facilities. Such MNCs are establishing their operations in those countries and help the country to develop their economy and increase the standard of living there.Another strategy normally tried by the MNCs are involving into the business in the risk prone countries and also make considerable investments in the political risk insurances. By doing so, the possible losses the MNC may face can be compensated by the insurance, if happen so. However, such investments in the international business are made only when the corporation foresees a good and attractive return from those host countries. Interestingly investment in political insurance may also amount to risks, since the insurance claim may not be obtained as it is pro mised to be.Based on the available option, the recommendation could be to do a good and through research on the political situation of the country wherein the MNC is going to commence its business. While the MNC is hoping to have a wide range of investments in many countries, it is advisable to have a separate department in the company which is looking after such risks, either doing their independent research or having assistance from the well know consultants in the market. Business earns profit in the form of money; however, it also exposed to many risks.There are risks related to the internal environmental factors, as well as external environmental factors. External factors are not in the control of the business organization, and hence handling becomes difficult. When the business goes abroad and become an international business, then the exposure to various external environmental factors increases, while the possible benefits also increases. Political risk is one of the major ri sks associated with international business, which is the main concern of the MNCs going abroad.MNCs are forced to face both micro and macro political risks. However, since the political risks are a well known factor, there are many research conducted across the world about most of the countries. Hence the MNCs are also having sufficient information to take a decision on the available options and plan their strategy towards opening up their business abroad. In many countries, international business works and give and take policy, where the MNC benefited financially while the hose country is benefited in terms of economy, life standards, and knowledge sharing.References * Alan M. Rugman, Simon Collinson. 2008. International Business. London: Prentice Hall * Oded Shenkar, Yadong Luo. 2008. International Business. Chicago: Sage Publicaitons * Daniels, J. , Radebaugh, L. , Sullivan, D. (2007). International Business: environment and operations, 11th edition. Prentice Hall. * Joshi, Rakes h Mohan, (2009) International Business, Oxford University Press * Travis, T. (2007). Doing Business Anywhere: The Essential Guide to Going Global. Hoboken: John Wiley&Sons.

Bible 105 Essay 3 - 771 Words

Hebrew poetry is used to express various things in the Bible. Hebrew poetry is used to â€Å"express emotion, facilitate worship, and to instruct in wisdom† (Hindson, 2012). God uses Hebrew poetry to teach us how we can better live our lives. Within Hebrews the terms laziness, diligence, folly and wisdom are utilized. God’s plan for us to apply some of these terms and to give terminology to the way we should be living against. The Essence of the Old Testament: A Survey is very clear about laziness, â€Å"Lazy behavior results in poverty while diligence results in wealth† (Hindson, 2012). Hindson (2012) describes laziness as being produced by talking and not working toward earning wealth. This description is also described as having lazy people†¦show more content†¦Folly compared to laziness seems to be more of a synonym. Laziness in itself is a folly. â€Å"He dies for lack of discipline, and because of his great folly he is led astray† (Proverbs 5:23, ESV). People who choose laziness are also committing a folly by failing to be diligent in their life. So, these terms are more easily compared. If folly’s definition is making poor decisions than wisdom is making good decisions. â€Å"Hebrew wisdom tends to be practical and was meant to be applied to the many aspects of everyday secular life† (Hindson, 2012). This can be applied when a person is utilizing diligence in their lives. Good decisions, or wisdom, can help create a successful life. â€Å"Hebrew wisdom teaches the reader not only how to live a good life, but also how to live a godly life† (Hindson, 2012). â€Å"The beginning of wisdom is this: Get wisdom, and whatever you get, get insight† (Proverbs 4:7, ESV). God has many words of wisdom for us. He guides us through Jesus and the Bible. Utilizing the Hebrew wisdom scriptures can help make decisions easier. If we use wisdom and not folly. If we use diligence and not laziness then we are ful filling God’s plan for us. â€Å"Therefore, since we are surrounded by so great a cloud of witnesses, let us also lay aside every weight, and sin which clings so closely, and let us run with endurance the race that is set before us, looking to Jesus, the founder and perfecter of our faith,Show MoreRelatedSdafsadf1133 Words   |  5 PagesGong Mr. Timothy Faber BIBL 105 B05 24 September 2014 Essay 3 After finishing reading Bible, I am aware of the importance of diligence and the negative effect of being lazy. As a Christian, I strongly recommend that people should follow what the Bible has told us and listen to our God’s commands. Because the knowledge that Bible gives us will have a good and profound influence on our lives and help us out in many situations. During the process of reading Bible, we may gain much wisdom that willRead MoreBible 105 Essay766 Words   |  4 PagesCharles E Truitt JR Bible 105 Essay 1 In the beginning God intended for his people to live in a creation that he had made, and to love and take care of it. He wanted his people that he created to love him and be obedient to his plan for civilization in regards to how much he loves us. His will was for us to trust him and live in peace, in the creation that he had made for us to have dominion of. The thing is we could not identify with what God was doing for us even when the human race was inRead MoreLeadership Styles, Theories, And Servant Leadership. Leading1512 Words   |  7 Pagesstates that research efforts to find a set of universal leadership traits failed. Behavioral theory is different from trait theory in many ways. â€Å"Behavioral theories support the idea that individuals can be trained to be leaders† (Satterlee, 2013, p.105). The manner in which a person reacts in a situation with others is what behavioral theorists looked at. Behaviors are not set in stone, behaviors can be modified meaning that leaders can be made. Both theories try to explain what makes one personRead MoreGenesis World View Essay1054 Words   |  5 Pagesï » ¿ Andrew Rosenbaum ID # 24845330 Bible 105-001 September 18, 2013 Genesis 1-11 Essay NIV What does Genesis, chapters one through eleven in particular, teach pertaining to the world? Specifically speaking in regards to the natural world, human identity, human relationships, and civilization. In accordance with all that, how then could this affect your worldview today? What exactly does the bible say? How exactly can it shape the way we see life and areRead MoreSins of Idolatry, Social Injustice, and Religious Ritualism; the Prophets View957 Words   |  4 PagesInjustice, and Religious Ritualism; the Prophets View Bible 105-B27 LUO: Old Testament Survey 201320 Spring 2013 Xxxxxx Xxxxxxx L33333333 Liberty University March 07, 2013 Sins of Idolatry, Social Injustice, and Religious Ritualism; the Prophets View Several of the prophets had much to say in regards to idolatry, social injustice, and religious ritualism throughout the Old Testament. Some of these that will be used in this essay are Isaiah, Hosea, Micah, Jonah, and Ezekiel. Their versesRead MoreComparing the Epic of Gilgamesh and Genesis1005 Words   |  5 Pages The Epic of Gilgamesh has many similarities to the Bible, especially in Genesis and it’s not just that the both begin with the letter â€Å"g†Ã¢â‚¬â„¢! One major similarity being the flood story that is told in both works. The two stories are very similar but also very different. Another being the use of serpents in both works and how they represent the same thing. A third similarity being the power of God or gods and the influence they have on the people of the stories. Within these similarities there areRead More Evolution and The Island of Doctor Moreau1437 Words   |  6 Pagesthe doctrine that all species, including man, are descended from other s pecies. (Appleman, p. 19) Lamarck discovered four laws about the process of change in all organisms: 1) Living things tend to grow; 2) Necessity causes new organs to develop; 3) Organs that are used more get stronger [use it or lose it]; 4) Inheritance of acquired characteristics. (Myers) Inheritance of acquired characteristics means that physical changes that took place in one generation would be passed on to the nextRead MoreThe Bible ( Chr 105 Oa2 )1558 Words   |  7 PagesTabitha Sanders Introduction to the Bible (CHR 105-OA2) Anderson University December 5th, 2016 Final Exam 1. Using the book, notes, and biblical text itself, choose two of the Gospels and compare and contrast their presentation of the life of Christ. Be sure to include how things like the authors’ background and audience affect their message. I have decided to compare and contrast the Gospels of Matthew and Mark. In the book of Matthew, we begin with the angel coming to Joseph and telling him ofRead MoreSouthern Gothic Writing Style1497 Words   |  6 PagesBenjamin McCarthy Ms. Myszkowski English 1102 3 December 2017 Southern Gothic Literature: A Comprehensive Analysis Southern Gothic literature is a writing style that emphasizes the use of macabre and irony to expose social problems in the south. The Southern Gothic writing style aims to expose the ignorance and moral blindness of the American South (Bjerre). Southern Gothic literature uses the writing style to enhance the message of the author. In other words, the author uses Southern Gothic elementsRead MoreEssay on The Radical Impact of Reading1585 Words   |  7 Pagesstages of learning to read, they are not seen as qualified to enter into national conversation. In an essay called â€Å"Reading as Counterculture,† we are told that a student claims to read because he wishes to â€Å"enter the great debates† (Coleman 21). It is true that in order to take part in significant aspects of Canadian life and thought, an aptitude for reading is often a pre-requisite. In this essay, I will argue that while reading has many practical benefits, the fact that literacy is so central in