The document discusses key economic measurements used to analyze a country's economy like GDP, unemployment rate, and inflation. It also discusses ethics and social responsibility in business, explaining concepts like business ethics, unethical practices, and a business's responsibility to employees, customers, and society. The document stresses the importance of businesses adapting to current economic conditions and market demands.
Strategic Planning and Ethics, Corporate Social Responsibility, an.docxflorriezhamphrey3065
Strategic Planning and Ethics, Corporate Social Responsibility, and Sustainability
Ethics are not universal. Ethics are driven by culture, religion, and the environment. However, many companies do have an ethics statement that employees need to respect. With this construct in mind, it may be assumed that senior leadership will follow the same code of ethics for the company.
In times past, there were US companies (and other countries) that did not respect the environment, employees, the law, and regulations. In fact, today, there are still incidents where companies are fined or are called to task in the media. In 1984, Union Carbide had a gas leak in Bhopal, India, which resulted in over 5,000 deaths and countless injuries. The laws in India were more lenient than in the US. Union Carbide specifically had a presence in India because the company was not obligated to follow the same safety protocols as it would have in the US. The company broke no laws. However, ethically this was wrong.
Did Union Carbide have a strategic initiative to build manufacturing plants in countries where the environmental and safety laws/regulations were less stringent? Probably. However, Union Carbide was not the only company that followed this strategic initiative.
Let’s look at the retail industry. As recently as 2006, several US retail firms were caught using child labor (children 11 years and younger) in Bangladesh (http://www.law.harvard.edu/programs/lwp/NLC_childlabor.html). The companies involved were Wal-Mart, Hanes, J.C. Penney, and Puma. The children worked more than 10 hours a day and only had one day off. This was only 10 years after Kathie Lee Gifford was publicly humiliated for using child labor for her fashion line. There was nothing illegal. However, the media backlash for using children in such a manner was ethically disgusting to many Americans.
As with Union Carbide, these companies made a decision to use cheaper labor without checking the manufacturing plants. In the long run was it a good strategic move. Perhaps for the bottom line. But the amount of money that it took to address the media backlash and the need to start to oversee the manufacturing plants for more than quality of craftsmanship probably cost more than the cheap labor.
Have companies learned a lesson? Possibly. The incidents mentioned above and others that have made the news has led companies to introduce Corporate Social Responsibility (CSR) and Sustainability. What is CSR? CSR is a manner where companies’ self-regulation is integrated into its business model and hence, into the strategic objectives. Most US companies have embraced CSR but argue that they can only go so far. Why? Because it affects the bottom line or profitability. Whether the company is a for-profit or a non-profit, it needs to have enough revenue generated to pay for CSR.
In theory, companies that have an active CSR monitor their activities against social norms, domestic and international, ethical standards and l.
Ethics part ii 2014 by Dr CC Tan (drcctan@yahoo.com)C.C. Dr. Tan
This is the second part of business ethics class material - From Dr. C.C. Tan (drcctan@yahoo.com). Linking the concepts of business ethics CSR1, CSR2, CSR3 and CSP to Marketing 3.0 in terms of brand identity, brand integrity and brand character. Also social entrepreneurship concept in view of deontology and utilitarianism and strategy in an OM (Operations Management) framework is introduced.
Craig Chester from Fairtrade Australia presented at the UNAA Sustainable Consumption and Production Seminar held on 27 June 2013 hosted by Russell Kennedy, Melbourne.
Held in support of the United Nations 10 Year Framework of Programmes on Sustainable Consumption and Production Patterns, the seminar brought together experts and practitioners from across business, government and civil society to provide a platform for shared learning on integrating sustainable consumption and production measures throughout business operations, relationships and value chains.
Guest Speakers and Panelists:
- Tim Grant, Director, Life Cycle Strategies
- Joshua Bishop, National Manager – Markets, Sustainability and Business Partnerships, WWF Australia
- Craig Chester, Operations Manager Australia, Fairtrade Australia and New Zealand
- Liam Smith, Director, BehaviourWorks Australia, Monash Sustainability Institute
- Clinton Squires, Australian Managing Director, Interface
More information available at: http://www.unaavictoria.org.au/education-advocacy/masterclasses/sustainable-consumption-and-production-seminar/
The increased focus on the implementation of the business practices to comply with the principles will lead to extra time consumption of the management and more resources will be required to ensure the compliance.
Strategic Planning and Ethics, Corporate Social Responsibility, an.docxflorriezhamphrey3065
Strategic Planning and Ethics, Corporate Social Responsibility, and Sustainability
Ethics are not universal. Ethics are driven by culture, religion, and the environment. However, many companies do have an ethics statement that employees need to respect. With this construct in mind, it may be assumed that senior leadership will follow the same code of ethics for the company.
In times past, there were US companies (and other countries) that did not respect the environment, employees, the law, and regulations. In fact, today, there are still incidents where companies are fined or are called to task in the media. In 1984, Union Carbide had a gas leak in Bhopal, India, which resulted in over 5,000 deaths and countless injuries. The laws in India were more lenient than in the US. Union Carbide specifically had a presence in India because the company was not obligated to follow the same safety protocols as it would have in the US. The company broke no laws. However, ethically this was wrong.
Did Union Carbide have a strategic initiative to build manufacturing plants in countries where the environmental and safety laws/regulations were less stringent? Probably. However, Union Carbide was not the only company that followed this strategic initiative.
Let’s look at the retail industry. As recently as 2006, several US retail firms were caught using child labor (children 11 years and younger) in Bangladesh (http://www.law.harvard.edu/programs/lwp/NLC_childlabor.html). The companies involved were Wal-Mart, Hanes, J.C. Penney, and Puma. The children worked more than 10 hours a day and only had one day off. This was only 10 years after Kathie Lee Gifford was publicly humiliated for using child labor for her fashion line. There was nothing illegal. However, the media backlash for using children in such a manner was ethically disgusting to many Americans.
As with Union Carbide, these companies made a decision to use cheaper labor without checking the manufacturing plants. In the long run was it a good strategic move. Perhaps for the bottom line. But the amount of money that it took to address the media backlash and the need to start to oversee the manufacturing plants for more than quality of craftsmanship probably cost more than the cheap labor.
Have companies learned a lesson? Possibly. The incidents mentioned above and others that have made the news has led companies to introduce Corporate Social Responsibility (CSR) and Sustainability. What is CSR? CSR is a manner where companies’ self-regulation is integrated into its business model and hence, into the strategic objectives. Most US companies have embraced CSR but argue that they can only go so far. Why? Because it affects the bottom line or profitability. Whether the company is a for-profit or a non-profit, it needs to have enough revenue generated to pay for CSR.
In theory, companies that have an active CSR monitor their activities against social norms, domestic and international, ethical standards and l.
Ethics part ii 2014 by Dr CC Tan (drcctan@yahoo.com)C.C. Dr. Tan
This is the second part of business ethics class material - From Dr. C.C. Tan (drcctan@yahoo.com). Linking the concepts of business ethics CSR1, CSR2, CSR3 and CSP to Marketing 3.0 in terms of brand identity, brand integrity and brand character. Also social entrepreneurship concept in view of deontology and utilitarianism and strategy in an OM (Operations Management) framework is introduced.
Craig Chester from Fairtrade Australia presented at the UNAA Sustainable Consumption and Production Seminar held on 27 June 2013 hosted by Russell Kennedy, Melbourne.
Held in support of the United Nations 10 Year Framework of Programmes on Sustainable Consumption and Production Patterns, the seminar brought together experts and practitioners from across business, government and civil society to provide a platform for shared learning on integrating sustainable consumption and production measures throughout business operations, relationships and value chains.
Guest Speakers and Panelists:
- Tim Grant, Director, Life Cycle Strategies
- Joshua Bishop, National Manager – Markets, Sustainability and Business Partnerships, WWF Australia
- Craig Chester, Operations Manager Australia, Fairtrade Australia and New Zealand
- Liam Smith, Director, BehaviourWorks Australia, Monash Sustainability Institute
- Clinton Squires, Australian Managing Director, Interface
More information available at: http://www.unaavictoria.org.au/education-advocacy/masterclasses/sustainable-consumption-and-production-seminar/
The increased focus on the implementation of the business practices to comply with the principles will lead to extra time consumption of the management and more resources will be required to ensure the compliance.
Exploring the Mindfulness Understanding Its Benefits.pptxMartaLoveguard
Slide 1: Title: Exploring the Mindfulness: Understanding Its Benefits
Slide 2: Introduction to Mindfulness
Mindfulness, defined as the conscious, non-judgmental observation of the present moment, has deep roots in Buddhist meditation practice but has gained significant popularity in the Western world in recent years. In today's society, filled with distractions and constant stimuli, mindfulness offers a valuable tool for regaining inner peace and reconnecting with our true selves. By cultivating mindfulness, we can develop a heightened awareness of our thoughts, feelings, and surroundings, leading to a greater sense of clarity and presence in our daily lives.
Slide 3: Benefits of Mindfulness for Mental Well-being
Practicing mindfulness can help reduce stress and anxiety levels, improving overall quality of life.
Mindfulness increases awareness of our emotions and teaches us to manage them better, leading to improved mood.
Regular mindfulness practice can improve our ability to concentrate and focus our attention on the present moment.
Slide 4: Benefits of Mindfulness for Physical Health
Research has shown that practicing mindfulness can contribute to lowering blood pressure, which is beneficial for heart health.
Regular meditation and mindfulness practice can strengthen the immune system, aiding the body in fighting infections.
Mindfulness may help reduce the risk of chronic diseases such as type 2 diabetes and obesity by reducing stress and improving overall lifestyle habits.
Slide 5: Impact of Mindfulness on Relationships
Mindfulness can help us better understand others and improve communication, leading to healthier relationships.
By focusing on the present moment and being fully attentive, mindfulness helps build stronger and more authentic connections with others.
Mindfulness teaches us how to be present for others in difficult times, leading to increased compassion and understanding.
Slide 6: Mindfulness Techniques and Practices
Focusing on the breath and mindful breathing can be a simple way to enter a state of mindfulness.
Body scan meditation involves focusing on different parts of the body, paying attention to any sensations and feelings.
Practicing mindful walking and eating involves consciously focusing on each step or bite, with full attention to sensory experiences.
Slide 7: Incorporating Mindfulness into Daily Life
You can practice mindfulness in everyday activities such as washing dishes or taking a walk in the park.
Adding mindfulness practice to daily routines can help increase awareness and presence.
Mindfulness helps us become more aware of our needs and better manage our time, leading to balance and harmony in life.
Slide 8: Summary: Embracing Mindfulness for Full Living
Mindfulness can bring numerous benefits for physical and mental health.
Regular mindfulness practice can help achieve a fuller and more satisfying life.
Mindfulness has the power to change our perspective and way of perceiving the world, leading to deeper se
The Chakra System in our body - A Portal to Interdimensional Consciousness.pptxBharat Technology
each chakra is studied in greater detail, several steps have been included to
strengthen your personal intention to open each chakra more fully. These are designed
to draw forth the highest benefit for your spiritual growth.
Lesson 9 - Resisting Temptation Along the Way.pptxCelso Napoleon
Lesson 9 - Resisting Temptation Along the Way
SBs – Sunday Bible School
Adult Bible Lessons 2nd quarter 2024 CPAD
MAGAZINE: THE CAREER THAT IS PROPOSED TO US: The Path of Salvation, Holiness and Perseverance to Reach Heaven
Commentator: Pastor Osiel Gomes
Presentation: Missionary Celso Napoleon
Renewed in Grace
What Should be the Christian View of Anime?Joe Muraguri
We will learn what Anime is and see what a Christian should consider before watching anime movies? We will also learn a little bit of Shintoism religion and hentai (the craze of internet pornography today).
The PBHP DYC ~ Reflections on The Dhamma (English).pptxOH TEIK BIN
A PowerPoint Presentation based on the Dhamma Reflections for the PBHP DYC for the years 1993 – 2012. To motivate and inspire DYC members to keep on practicing the Dhamma and to do the meritorious deed of Dhammaduta work.
The texts are in English.
For the Video with audio narration, comments and texts in English, please check out the Link:
https://www.youtube.com/watch?v=zF2g_43NEa0
HANUMAN STORIES: TIMELESS TEACHINGS FOR TODAY’S WORLDLearnyoga
Hanuman Stories: Timeless Teachings for Today’s World" delves into the inspiring tales of Hanuman, highlighting lessons of devotion, strength, and selfless service that resonate in modern life. These stories illustrate how Hanuman's unwavering faith and courage can guide us through challenges and foster resilience. Through these timeless narratives, readers can find profound wisdom to apply in their daily lives.
The Good News, newsletter for June 2024 is hereNoHo FUMC
Our monthly newsletter is available to read online. We hope you will join us each Sunday in person for our worship service. Make sure to subscribe and follow us on YouTube and social media.
The Book of Joshua is the sixth book in the Hebrew Bible and the Old Testament, and is the first book of the Deuteronomistic history, the story of Israel from the conquest of Canaan to the Babylonian exile.
In Jude 17-23 Jude shifts from piling up examples of false teachers from the Old Testament to a series of practical exhortations that flow from apostolic instruction. He preserves for us what may well have been part of the apostolic catechism for the first generation of Christ-followers. In these instructions Jude exhorts the believer to deal with 3 different groups of people: scoffers who are "devoid of the Spirit", believers who have come under the influence of scoffers and believers who are so entrenched in false teaching that they need rescue and pose some real spiritual risk for the rescuer. In all of this Jude emphasizes Jesus' call to rescue straying sheep, leaving the 99 safely behind and pursuing the 1.
Explain how international business has affected gross domestic product in both a positive and negative way.
Ask students to explain how an increasing unemployment rate has a domino affect on the economy. Have someone look up on the internet what the current unemployment rate is.
Prior to any discussion have students write down which cycle they believe the economy is in currently and then at the end of the discussion have then show their answers to the class and see if anyone wants to change their answer. Prosperity-peak of economic activity Recession-economic slowdown Depression-a deep recession that affects the entire economy and lasts for several years Recovery-the rise in business activity after a recession or depression
Explain how bribery is expected in business transactions for some countries. Then ask students if U.S. businesses should resort to bribery to increase the GDP.
Brainstorm ethical issues in the workplace that students today may have to make decisions about. Then explain how ethics involves doing the right thing when it is more attractive to do the unethical activity.
Ask students to list the four government agencies identified in the slide and then see if the can explain the consumer protection role for each agency.
Ask students to list three responsibilities that employers have for employees. Then ask students to list three responsibilities employees have to the employer.
Ask students to list one international, economic, governmental, and workforce challenge facing businesses in today’s changing marketplace.
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