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When management considers social and economic issues, the company is practicing corporate social responsibility (CSR). This approach involves integrating social and environmental concerns into business operations and stakeholder interactions. By doing so, companies aim to create a positive impact on society while ensuring sustainable economic performance. This practice not only enhances the company's reputation but can also lead to better long-term profitability.

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When management considers social and economics issues in decision making the company is practicing?

social responsibility


When managements decisions align with social and economic issues the company is practicing?

When management's decisions align with social and economic issues, the company is practicing corporate social responsibility (CSR). This approach emphasizes the importance of ethical behavior, environmental stewardship, and community engagement, aiming to create a positive impact on society while also ensuring long-term economic success. By integrating these considerations into their strategies, companies can enhance their reputation, foster customer loyalty, and contribute to sustainable development.


What is the nature of economic system of a company?

What is nature of economic system?


Discuss the relationship between economics and management functions?

Economics and Management are ideal intellectual partners, each particularly fitted to strengthen and cross-fertilise the other. Economics provides the broader understanding of economic activity within which all organisations function; management in turn analyses the character and goals of that functioning. The management economics is often a subsection of the economic science and thus in broader sense a special form of the social, culture and Geisteswissenschaften. Like the economic science it is based in principle on the fact that most goods are limited and must by the participants be managed. It describes the economic functions of the enterprise within a national economy. In addition above all the optimal organization of the factors of production belongs apart from the company targets and the economical functions. In the broader sense also all households are enterprises.


What factors are considered in determining the virtual valuation of a company?

Factors considered in determining the virtual valuation of a company include its financial performance, market potential, competitive landscape, growth prospects, industry trends, and the overall economic environment. Other factors may include the company's intellectual property, management team, brand reputation, and any potential risks or uncertainties.

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When management considers social and economics issues in decision making the company is practicing?

social responsibility


What is globalization and international management?

international management is process of applying management concepts and techniques in a multinational environment and adapting management practices in different economic,political, and cultural environment.


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Wellington Management Company was created in 1928.


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Harvard Management Company was created in 1974.


Referring to company management do we use a definite article before management - Is it management or the management?

Management.


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The primary external influences are:Political climate,Economic climate,Company strategies,Technological developments


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Mid-South Management Company was created in 1948.


When was PRIME - lifestyle management company - created?

PRIME - lifestyle management company - was created in 2006.


When was Bon Appétit Management Company created?

Bon Appétit Management Company was created in 1987.


When was Worshipful Company of Management Consultants created?

Worshipful Company of Management Consultants was created in 1999.


Is National Credit Management a legitimate company?

Yes, National Credit Management is a legitimate company.


What are the four organizational levels in a typical company?

the four organizational levels in typical company are: Top Management, Middle Management, Lower Management,Operational Employees.