social responsibility
APA
2 PAGES
3 SOURCES
5HRS
1.The topic of this chapter is social responsibility. Basically this concept promotes the idea that business have a responsibility beyond simply making a profit for the owners. While the book discusses what they call ‘required social responsibility activities”, if the activities are required then I consider them a legal responsibility and not a social responsibility. Social responsibility goes above and beyond the legal requirements.
Using the information from the book, why should businesses adopt actions and attitudes that are socially responsible? Is there any benefit to the business for behaving in a socially responsible manner?
2.Starting on page 119, the textbook identifies four means of internationalization: imports/exports, license agreements, direct investing, and joint ventures.
Let’s make sure we understand these four means of globalizing. Pretend you are a winery in Maryland. You have developed a new type of grape and a new process of developing the wine that you think will be very competitive in the international market. How could you use the four means of internationalization above to take your product globally?
3.On page 125 the textbook presents three different managerial attitudes towards foreign operations: ethnocentric, polycentric, and geocentric. Let’s correctly define each of these and identify a situation when each would be the appropriate attitude.
If you were being considered for a position in a foreign country, how could you show that you held a geocentric attitude? In this case, pretend you have never held a foreign management position and you don’t speak a different language.
4.Look at the steps in the planning process beginning on page 161. The first thing I notice is that step one is to establish goals or objectives. Before we figure out how to reach our goals, we have to know what those goals are! All other managerial decisions are based on the goals or objectives of the organization. Planning always comes first.
Develop an example of planning in personal decision making. Perhaps you will discuss the steps as they relate to planning a family vacation, finding a new job, buying a new house, sending your child to college, or something else important to you personally. Use the steps to develop your plan and share it with us so that we may comment on it and help you improve your plan.
5.Often we don’t reach our goals because we have not articulated them carefully. I remember many times when I would review an employee’s performance and realize I could not really comment because the stated objective did not accurately describe my expectations. Perhaps I would ask that the employee have a good attendance record. What they thought was a good attendance record and what I thought was a good attendance record turned out to be very different!
Select one of the following objectives and then use the information on establishing quality objectives to improve them:
Get a new job
Increase sales
Improve profits
Lose weight
Graduate from college
………………………Answer preview………………………..
Based on research, it is evident that business and organization have a considerable relationship to the society and the setting in which they operate. This is one of the major factors that enhance their effective growth and development. Generally, being Socially Responsible means that individuals and organizations ought to act morally with compassion toward social, enlightening, financial and environmental issues……………………….
APA
606 words
