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What is the meaning of social responsibility?
Social responsibility refers to the ethical obligation of individuals, organizations, and businesses to act in ways that benefit society as a whole. It involves making decisions that consider the impact on various stakeholders, including employees, customers, communities, and the environment. The concept emphasizes accountability and the importance of contributing positively to social, economic, and environmental well-being, promoting sustainable practices and ethical behavior in all areas of activity.
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
What are the different types of stakeholders and key principles which underpin the stakeholder concept?
Different Types:stock holders or ownersemployeescustomerssuppliersneighborslenders (of financial resources)Don't know about the principles. Sorry.
What is socioeconomic model of social responsibility?
the concept that business should emphasize not only profits but also the impact of its decisions on society
Explain market concept?
Marketing concept refers to the philosophy that firms should analyze the desires of the consumers and make decisions on how to achieve those demands. This also defined as the companyÕs capability with the customersÕ wants.
What is the meaning of social responsibility?
Social responsibility refers to the ethical obligation of individuals, organizations, and businesses to act in ways that benefit society as a whole. It involves making decisions that consider the impact on various stakeholders, including employees, customers, communities, and the environment. The concept emphasizes accountability and the importance of contributing positively to social, economic, and environmental well-being, promoting sustainable practices and ethical behavior in all areas of activity.
What is the stakeholders?
The stakeholder concept suggests that the managers of a business should take into account their responsibilities to other groups - not just the shareholder group - when making decisions. The concept suggests that businesses can benefit significantly from cooperating with stakeholder groups, incorporating their needs in the decision-making process.
What is corporate reporting and its concept?
Corporate reporting refers to the process by which organizations communicate their financial and non-financial performance, strategies, and governance to stakeholders, including investors, employees, and the public. The concept encompasses various forms of reporting, such as annual reports, sustainability reports, and regulatory filings, aimed at providing transparency and accountability. It serves to inform stakeholders about a company's operations, enhance trust, and support decision-making. Ultimately, effective corporate reporting helps align the interests of the organization with those of its stakeholders.
The concept of competitive advantage is as important for non-profit organizations as it is for?
"The concept of competitive advantage is as important for non-profit organizations as it is for profit organizations". Do you agree with this statement or not? Explain with examples to justify your answer. "The concept of competitive advantage is as important for non-profit organizations as it is for profit organizations". Do you agree with this statement or not? Explain with examples to justify your answer.
The PSM Net concept is based on your organizations security relationship with .?
organization
What is traditional accountability?
Traditional accountability refers to the obligation of individuals or organizations to explain their actions and decisions to stakeholders, ensuring transparency and responsibility in governance and management. It often involves adhering to established rules, standards, and processes, with mechanisms in place for oversight and evaluation. This concept is rooted in social and organizational norms that emphasize trust, ethical behavior, and the importance of meeting obligations. Ultimately, traditional accountability fosters a culture of integrity and reliability.
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
Explain the concept of management and bring out is importanc in present day organizations?
explain the concept of managemen
Explain how the concept of management can be viewed in manufacturing and servicing organizations. please tell me answer with detail?
= Explain how the concept of management can be viewed in manufacturing and servicing organizations. please tell me answer with detail? =
Why is it important to use matching concept?
The matching concept is crucial in accounting as it ensures that expenses are recorded in the same period as the revenues they help generate. This alignment provides a more accurate picture of a company's financial performance, allowing stakeholders to make informed decisions. By adhering to this principle, businesses can avoid misleading financial statements and better assess profitability over time. Ultimately, the matching concept enhances transparency and consistency in financial reporting.
What is a value configuration?
A value configuration is a representation of how various actors in a market or network create, deliver, and capture value through their interactions and exchanges. It involves the alignment of resources, processes, and offerings to deliver value to customers and stakeholders. This concept helps organizations understand and optimize their value creation activities.
Basic concept of HRM?
it is the process of managing people in organizations in a structured and thorough manner.
