Article 2 * Corporate Reputation – the most important company asset? * The current widespread public backlash against business and its perceived unethical practices has left industry leaders scrambling to protect and nurture their corporate reputations. While the concept of business having to earn its’ social – as well as its legal- licence to operate‚ is now well-entrenched with the major business leaders around the world‚ many now find themselves having to incorporate the two sources
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“Like Water for Chocolate” The movie Like water for Chocolate is about a girl named Tita who is trying to rebel with all of the traditions that has been placed in front of her. She is in love with a guy named Pedro but her mother‚ Mama Elena realizes that they love each other and told tita that it is part of the tradition not to marry until and unless Mama Elena dies. So‚ Mama Elena may be seen as a heart-less mother who made Tita’s life a living hell and made Rosaura‚ Tita’s sister get married
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The Legacy of Slavery: The Cause and the Impact In 1865 the thirteenth amendment was signed into the constitution eradicating the institution of slavery and therefore granting rights and freedom to black slaves in the United States of America. Since the Great Emancipation and the signing of the amendment‚ racial tensions have continued to plague the nation. The legacy of slavery to this day continues to affect the attitudes and feelings that both whites and blacks feel towards the treatment of
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THE CASE AGAINST CORPORATE SOCIAL RESPONSIBILITY According to my point of view‚ the writer of this article makes a controversial argument against Corporate Social Responsibility. He defines Corporate Social Responsibility as the increasing popular idea. His basic argument against this idea is twofold. First he argued that if profits and public interests are aligned‚ Corporate Social Responsibility is irrelevant. But I think that Corporate Social Responsibility is not irrelevant. The fact that
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Principles of Corporate Finance Comprehensive Case Questions Tire City‚ Inc. 1. Evaluate Tire City’s financial health. How well is the company performing? 2. Based on Mr. Martin’s prediction for 1996 sales of $28‚206‚000‚ and for 1997 sales of $33‚847‚000 and relying on the other assumptions provided in the Tire City case‚ prepare complete pro forma forecasts of TCI’s 1996 and 1997 income statements and year-end balance sheets. As a preliminary assumption‚ assume any new financing required will
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John Conner‚ marketing manager from Lawn King‚ looked over the beautiful countryside as he drove to the corporate headquarters in Moline‚ Illinois. John had asked his boss‚ Kathy Wayne‚ the general manager of Lawn King‚ to call a meeting in order to review the latest forecast figures of fiscal year 2002. 1 When he arrived at the plant‚ the meeting was ready to begin. Others in attendance at the meeting were James Fairday‚ plant manager; Joan Peterson‚ controller; and Harold Pinter‚ personnel officer
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The Institution of Slavery and the Labor Market in Brazil Brazil’s contemporary economic‚ social‚ and political structures strongly reflect the colonial institutions implemented in the region during the Portuguese occupation. In particular‚ the colonial influence has had a long-lasting effect on the labor market and economic development. Today‚ Brazil’s society suffers from large disparities in income‚ education‚ and social opportunities. The origin of the economic issues in Brazil dates back to
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Carbonated Soft Drink‚ Ready-to-Eat Breakfast Cereal and Specialty Coffee Industries Using Porters Five Forces Michael Porter’s framework describes an industry as being influenced by five forces: buyer power‚ supplier power‚ threat of substitutes‚ threat of new entrants and the degree of rivalry between existing firms within the industry. A strategic business manager can use Porter’s model to more clearly understand the industry environment in which its firm operates and to therefore develop a competitive
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What is Corporate Governance? Corporate Governance is a generic concept‚ and in most cases it is defined by its objectives. Corporate Governance can be defined and analyzed by two terms. The first was introduced by the Organization of economic Corporation and Development (OECD 1999). OECD defined “Corporate Governance as a system in which business corporations are directed and controlled. The Corporate Governance structure specifies the distribution of rights and responsibilities among the
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EAGLE INDUSTRIES CASE 1. Why are office products frequently chosen as a lead commodity in strategic sourcing efforts? Office products were chosen as the lead commodity in strategic sourcing efforts conducted by Smith and his team mainly because of the fact that there was not an appreciable difference in the product specifications when it came to differentiating different suppliers. It would almost be like comparing apples against apples. This would therefore provide a nice segway to try and understand
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