In examining the mission statements of multiple companies‚ it is apparent that corporations claim to prioritize social responsibility. Companies like Whole Foods‚ Ben &Jerry’s‚ Camano Island Coffee Roasters all actively contribute to different social causes. Even Philip Morris prioritizes “actively [participating] in societal concerns that are relevant to [its] businesses” over generating returns for its stockholders (Philip Morris‚ 2011). There are many different views on the extent to which
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Social Media for Business-An Analysis of Statistic Data Introduction. The area under discussion in the following assignment is to quantify the possibility of a deviation from accuracy in the fifty samples formed from a selection of data‚ following their questionnaire rejoinders. Questioning in which there is a relationship between the kinds of social media is and the type of business. Moreover‚ does this relationship exist for the reason that day by day more people use social media? (NielsenWire
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Saleh Al-Turki‚ the chairman of the Jeddah Chamber of Commerce and Industry‚ and Omar Shaban‚ director of operations at Cisco NetVersity to look at the ways in which business can be modeled in order to help the poor. Muhammad Yunus related the story behind Grameen Bank and shared his concept of “social business.” Moderated by social researcher Laurent Marbacher‚ the panel also explored the idea of what human beings are capable of doing for local development‚ as well as how systems can enhance these
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Review reading from Bridge International class: "Disruptive Innovation for Social Change" Latitude Responsable Danone Communities - Projet Grameen Danone URL: http://www.youtube.com/watch?v=4pUd7eCf7Sg Note: Please watch this short (8-minute) video as part of class preparation. 1. Evaluate the Grameen Danone business model. What are its attractive features? What are its weaknesses? 2. Prof. Yunus’s Social Business Model is explained on pages 1 and 2 of the case. What is your evaluation
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Muhammad Yunus: Lifting People Worldwide out of Poverty: Knowledge@Wharton (http://knowledge.wharton.upenn.edu/article.cfm?articleid=2243) Muhammad Yunus: Lifting People Worldwide out of Poverty Published : May 27‚ 2009 in Knowledge@Wharton What began with a loan of $27 to 42 women in a small village 33 years ago has grown into a global microcredit movement that has changed the lives of millions of poor people around the world. Muhammad Yunus‚ founder and managing director of Bangladesh’s
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Abstract Businesses today are growing more aware of trends in social and business networking to assist them in growing‚ developing products‚ services and the advertising to draw consumers to them in ever increasing numbers. Social Networking in Business Many businesses are using social networking to see what consumers are saying about products and what will likely be purchased by people. Companies such as Pizza Hut‚ Papa John’s and Sears are using networking sites. Someone can become a fan
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What are the social responsibilities of a business to its community? The social responsibility of a business is to become a major part of its surrounding community. It is an employer of local people and should encourage their involvement in community activities along with the well being of its members. The company should strive to do business in an ethical way. Always making business decisions based on fairness‚ values‚ and its own code of ethics. This will enable employees to be proud of where
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arguments that obligation of business is to maximize long term profit for shareholders in a sustainable way‚ while others call them to involve more to social responses. Each judgment has its own reasons which this research sought to analyze. Based on that‚ certain social obligations of business will be addressed with evidences‚ showing their necessary of being more responsible to social outcomes. Key words: corporate social obligation‚ shareholders‚ corporate profit‚ social responsibility Introduction
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Business Horizons (2010) 53‚ 59—68 www.elsevier.com/locate/bushor Users of the world‚ unite! The challenges and opportunities of Social Media Andreas M. Kaplan *‚ Michael Haenlein ´ ESCP Europe‚ 79 Avenue de la Republique‚ F-75011 Paris‚ France KEYWORDS Social Media; User Generated Content; Web 2.0; Social networking sites; Virtual worlds Abstract The concept of Social Media is top of the agenda for many business executives today. Decision makers‚ as well as consultants‚ try to identify
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Chapter 3 - Business Power James Buchanan Duke was born on December 23rd 1856 in North Carolina. His father was the owner of a small factory which produced a brand of chewing tobacco named Pro Bono Publico. As he became older it was time for him to take over his father’s business‚ however the number of competition was too high. Taking a major risk‚ he committed his company to a then-novel product- the cigarette. Unfortunately‚ back in those days‚ cigarettes were used by people from the lower
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