Corporate 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?
Different Types:stock holders or ownersemployeescustomerssuppliersneighborslenders (of financial resources)Don't know about the principles. Sorry.
the concept that business should emphasize not only profits but also the impact of its decisions on society
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.
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.
"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.
organization
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
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? =
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.
it is the process of managing people in organizations in a structured and thorough manner.
participatory management
The concept of competitve advantage is as important for non- profit orgnizations as it is for profit orgnizatios Do you agree with this statement or not? Explain with examples to justify your answer.
I did a course on this a while ago, and am too lazy to get my notes, however I'll give some tips on this from what I recall. Accountablity is a key concept. Accountability of the board, and accountability of the company to key stakeholders. Key stakeholders range from shareholders and employees, to third parties. Social responsibilty (a third party) is something the board might consider necessary in terms of strategy.
Survive or expand is a business strategy concept that challenges companies to either focus on protecting their existing market position (surviving) or to seek out growth opportunities and expand into new markets. It is a way for organizations to evaluate their priorities and make strategic decisions about their future direction.