Social Responsibility And Its Impact On Society - 1444 Words

In today’s economy, consumers are more inclined to shop at their local big box retailer where they can get plenty of selection at low prices instead of limited products and market rates. Being a mid-sized local grocery has its challenges when competing with these national chains, and Company Q is no different. Locally owned and operated businesses are an essential part of today’s society. Too often companies stress the quantity of profits over the quality of products. Not only do these kinds of choices belay negative social responsibility, this type of attitude can damage a growing business’s reputation. Company Q’s lack of concern for the underlying welfare of some of its primary stakeholders shows an attitude of impartiality towards the bottom line. Social responsibility is no longer expressed by how much money a company donates to charity, but by their overall participation in the community to enrich the quality of citizen’s lives. In the past, businesses primarily concerned themselves with the economic results of their decisions. Company Q’s attitude toward social responsibility is more in line with the greedy shareholder model than that of the cooperating stakeholder model. The shareholder model ensures that the investors and owners get the lion’s share of the profits, whereas the stakeholder focuses on the feasibility of success to satisfy its stockholders. In this particular situation, the primary stakeholders are namely loyal customers, employees and the localShow MoreRelatedSocial Responsibility And Its Impact On Society2041 Words   |  9 Pages6/4/2015 Social Responsibility Social responsibility is an idea that has been of concern to mankind for many years. Over the last two decades, however, it has become of increasing concern to the business world. This has resulted in growing interaction between governments, businesses and society as a whole. In the past, businesses primarily concerned themselves with the economic results of their decisions. Today, however, businesses must also reflect on the legal, ethical, moral and social consequencesRead MoreSocial Responsibility And Its Impact On Society Essay1441 Words   |  6 PagesSocial Responsibility is the idea that a company should embrace its social responsibilities and not be solely focused on maximizing profits. Social responsibility has a hidden connotation attached to it, which is awareness. When I hear the phrase â€Å"being socially responsible,† I think of the repercussions that come with not being socially responsible. According to ASQ.com, social responsibility is â€Å"The responsib ility of an organization for the impacts of its decisions and activities on society andRead MoreSocial Responsibility And Its Impact On Society904 Words   |  4 Pagesmore we understand the better grasp we can take about a situation. However, the idea of social responsibility is one that seems to continually be ignored or missed by many. More often than not, the ones we place as a pillar of society are the frequent offenders of this act. Many fail to rise to the occasion and accept accountability for the consequences of their actions while accountability and responsibility fall hand in hand. We must learn to accept responsibly as a community, not only for eachRead MoreSocial Responsibility And Its Impact On Society1579 Words   |  7 Pagesconsidered to be the social responsibility for each and every human being on this planet, therefore sustainability, accountability and transparency of resources became the basic ingredients for social responsibility. Only in 1953, Bowen raised a question â€Å"What responsibility to the Society can business people be reasonably expected to assure† that evaluated the term Corporate Social Responsibility abbreviated as CSR. The CSR in 1966 was then defined as:â€Å"Social responsibility, therefore, refers toRead MoreCorporate Social Responsibility And Its Impact On Society1382 Words   |  6 Pageson a formation of things as they actually are, in spite of how we want them to be, with an inclination to be practical and realistic. Corporate social responsibility has been defined in many ways; one way to define CSR is that CSR takes into consideration how companies manage their business processes to generate on the whole a positive impact on society. Stakeholders are people who are affected by a business. Employees are one of the main stakeholders in any business. What has emerged in recent timesRead MoreCorporate Social Responsibility and Its Impact on Society2115 Words   |  9 PagesCSR in India and Its Impact on Society Corporate social responsibility (CSR) is about how businesses align their values and behavior with the expectations and needs of stakeholders - not just customers and investors, but also employees, suppliers, communities, regulators, special interest groups and society as a whole. CSR describes a companys commitment to be accountable to its stakeholders. With businesses focusing on generating profits, sustainability was not a popular concern among companiesRead MoreCorporate Social Responsibility and Its Impact on Society2105 Words   |  9 PagesCSR in India and Its Impact on Society Corporate social responsibility (CSR) is about how businesses align their values and behavior with the expectations and needs of stakeholders - not just customers and investors, but also employees, suppliers, communities, regulators, special interest groups and society as a whole. CSR describes a companys commitment to be accountable to its stakeholders. With businesses focusing on generating profits, sustainability was not a popular concern among companiesRead MoreAn Assessment of the Impact of Corporate Social Responsibility on Nigerian Society: the Examples of Banking and Communication Industries18990 Words   |  76 PagesJournals Full Length Research Paper An assessment of the impact of corporate social responsibility on Nigerian society: The examples of banking and communication industries Adeyanju, Olanrewaju David Department of Financial Studies Redeemer’s University, km 46, Lagos Ibadan Expressway Mowe, Ogun State E-mail: davfol@yahoo.com, Tel No.: 07037794073 Accepted 30 January, 2012 In the Nigerian society, Corporate Social Responsibilities [CSR] has been a highly cotemporary and contextual issue toRead MoreSocial Responsibility Of A Business1444 Words   |  6 Pagesarticle on social responsibility drew a lot attention from other scholars like Friedman. In view of this, this paper will discuss and define the concept of social responsibility of a business to its workers, stakeholders, and society; how the perspectives align with that of Drucker; comparing Cohen’s opinion with that of Friedman and finally determines which of the two individual’s opinion best aligns with the current business climate promoting a green environment. Concept of social responsibility Read MoreCorporate Social Responsibility Definition1011 Words   |  5 PagesThis research study is about what the Corporate Social Responsibility (CSR) is, how people define and how I understand this term? According to my research and observations, CSR does not have only one and constant definition. I have read a lot of definitions of CSR and in fact, they are similar but not the same. Briefly, definition and understanding of CSR depends on person to person. Thus, I am going to talk about definitions of the CSR and I will define my own perspective about the CSR.

Feasibility Analysis A Project Decision Making - 1143 Words

INTRODUCTION: In this era of tremendous computer software advancements, where progress has been made both in technically building as well as functionally managing of information systems, there still exists project breakdowns. This issue ultimately takes us back to the project feasibility analysis which forms an important preliminary constituent of software design process. This research paper focuses on the importance and need of feasibility studies in system design and its use in critical project decision making. The paper also describes the bypassing circumstances where feasibility analysis isn’t necessary. FEASIBILITY ANALYSIS: Feasibility Analysis forms one of the significant components in any system design project. It serves an important process methodology in evaluation of a planned course of actions, understanding the back-end assumptions, calculating the associated risks and chances of success after implementation. Feasibility analysis aims to highlight primary issues that can prevent your strategic decisions from being successful. It also provides an idea about the significant amount of efforts which need to be put forward in follow-up system development phases for error-free system development (Khoong Ku, 1994). Organizations utilize significant amount of time and monetary resources in conducting feasibility studies before taking any crucial project decisions. Feasibility studies broadly includes conducting detailed analysis of (1) Technical FeasibilitiesShow MoreRelatedFeasibility Analysis Of Project And Using Resources885 Words   |  4 Pagesin a situation in the workplace where a feasibility an alysis was not done and should have been done and time or money (or worker sanity/happiness) was lost, tell us about it (you can change the names of the parties involved). Based on what you ve read about decision filters do you think such a practice might have helped? Please remember to write at least 250 words on this topic. Introduction: Feasibility analysis for any project helps to analyze the project whether investing in it is feasible orRead MoreManagerial Feasibility1338 Words   |  6 PagesDefinition of Managerial Feasibility Studies: Managerial Feasibility studies is the objectively and rationally uncover the strengths and weaknesses of an existing business or proposed venture, opportunities and threats which are presented by the environment, the resources required to carry through, and ultimately the prospects for success. In its simplest terms, the two criteria to judge feasibility are cost required and value to be attained. Managerial feasibility study is an analysis of the viabilityRead MoreElements of Good Feasibility998 Words   |  4 PagesThe Elements of a Good Feasibility Study Tim Bryce | Mar 20, 2008 | Comments (5) Those who do not do their homework do not graduate. - Bryce s Law In its simplest form, a Feasibility Study represents a definition of a problem or opportunity to be studied, an analysis of the current mode of operation, a definition of requirements, an evaluation of alternatives, and an agreed upon course of action. As such, the activities for preparing a Feasibility Study are generic in nature and can beRead MoreFeasibility Analysis947 Words   |  4 Pagesapplication for Blackberry smartphones. Feasibility analysis of this project has been developed per management’s request. The assessment includes feasibility in the following areas: technical, economic, legal, operational, schedule, and market. Due to Blackberry’s history of challenges in the marketplace, the study focuses on likelihood of risk, magnitude of risk’s impact, and risk avoidance. This analysis is to assess the strengths and weaknesses of this project, determine if it is a viable idea,Read MoreThe Systems Development Life Cycle1391 Words   |  6 Pagespurpose of the each approach is the same. Each and every process comprises of phases: Planning phase, Analysis phase, Design phase, Implementation phase, and Maintenance phase. The Planning phase is phase related to the planning of the system such as initial system request, feasibility analysis and project plan; Analysis phase is the phase which is related to the analysis of the system, in this phase analysis such as requirement definition, use cases, mental/logical process models and logical data modelsRead MoreGive Three Examples Of Business Needs For A System1277 Words   |  6 Pagesor not. The committee is usually a company steering committ ee, a senior executive, or any other decision-making body that governs the use of business investments. Why should the system request be created by a business person as opposed to an IS professional? The system request focusses on the reason prompting the project, what the system will do, and how the organization will benefit from the project which is more geared towards someone with business knowledge rather than technical knowledge. WhatRead MoreWhat Are Construction Projects?1476 Words   |  6 Pages What are construction projects? In short, construction projects have inherent characteristics of high levels of complexity, uncertainty and uniqueness (CIB, 2014). Complexity due to technology of modern buildings construction, uncertainty created by the inevitable time for a construction project life cycle and uniqueness of each project. The development process of a project mainly includes eight stages which are ‘inception’, ‘feasibility’, ‘strategy’, ‘pre-construction’, ‘construction’, ‘testingRead MoreHow Are Requirement Analysis And Feasibility Analysis Related?1296 Words   |  6 PagesResearch Paper 1 How are requirement analysis and feasibility analysis related? Introduction Every development cycle of a software system has to go through an outlined set of phases. These phases are generally cyclic in nature, and can be repetitive depending upon the type of SDLC model used. In today’s world, with the increasing amount of data, their nexus, and myriad functionalities of the system has led to large and intricate software systems [1]. A project in its development life cycle comesRead MoreProject management Essay963 Words   |  4 PagesProject Management Recommendation Cali Hadafow OPS/571 May 12, 2014 Project Management Recommendation Piper Industries Corporation Project Management Recommendation Dear Project Manager, In response it is to your previous E-mail with the attention of the projects of Juniper, Palomino and Stargazer. The team is found and analyzed the three projects, assessed the risk that each project contains as well as returns on investment (ROI). There are many aspects one should thinkRead MoreBusiness Case Study : Lowe s Company1698 Words   |  7 Pages Business Case Study The company that I have chosen for this assignment and project is Lowe s Companies, Inc. Lowes strongly focuses on the mission statement â€Å"helping the customers to improve their homes†. The company started in 1921 as a small store in North Carolina. Great success and high demand of Lowe’s products led to an increase in the number of stores. By 1955, there were five more functional stores. Rapid growth took place around 1960s. Carl Buchan was one of the founders of Lowe’s, who

Comparison between Hard Times and the Star Free Essays

Like the beginning of Hard Times, the Star is about children and the way that they are treated. Although Hard Times was written a hundred years before the Star but both stories have similar messages and implications. The Star and Hard Times both stress what their authors thought about teaching in their times. We will write a custom essay sample on Comparison between Hard Times and the Star or any similar topic only for you Order Now An important theme in both stories is the importance of imagination. For ‘Sissy’ Jupe in Hard Times, her imagination is what makes her herself. For the boy Cameron in the Star his imagination is a way of escape from the dystopian world around him. In both stories, these ideas are more important than the characters: but I think that in Hard Times the characters play a much more important role than in the Star, as they are described in much more detail and depth. Like Hard Times, the surroundings in the Star connote ideas of entrapment and claustrophobia. The phrase â€Å"monotonous vault† in Hard Times suggests a prison like feeling to the schoolroom, while in the Star, â€Å"enclosing tenements† connotes a similar feeling about Cameron’s neighbourhood. An important message in both stories is that no matter how hard you try to suppress imagination, it will always resurface. In Hard Times, this is represented by the phrase, â€Å"dost thou think that thou wilt always kill outright the robber Fancy lurking within- or sometimes only maim and distort him! † This message is also reflected in the Star by the child disobeying the teacher and swallowing the star instead of handing it to the teacher. Dickens describes his characters in great detail, using similes and metaphors. For example, there is a lengthily description of Mr. Gradgrind being likened a building in chapter one. In Hard Times, Dickens how a character will act is reflected in their name. â€Å"Gradgrind† suggests gradually grinding, which is what Mr. Gradgrind does; he gradually grinds the children into his image of what a person should be. Dickens also hints to us how we are meant to feel about certain characters in his descriptions of them. I find that Gray doesn’t describe his characters in the Star in as much depth as Dickens does in Hard Times. Gray spends more time on the descriptions of the images that Cameron imagines when he looks into the star; such as the snow-flake. â€Å"He brought it close to his eye. In its depth was the pattern of a snowflake†¦ He looked through the flake’s crystal lattice into an ocean of glittering blue-black waves under a sky full of huge galaxies. † I preferred Hard Times to the Star because the characters are described in more detail whereas descriptions of the star seem to make up most of the story in the Star. I also find Hard Times easier to understand, probably because it is more blatant than the Star. How to cite Comparison between Hard Times and the Star, Essays