Case Study 1- Primark Beyond Corporate Social Responsibility Jessica Godin Bus 100- C. Morgan Tidewater Community College September 26‚ 2014 Discussion Point 1: Describe what is meant by CSR. In the case study CSR is described as changes in available workforce or the business’ impact on its local communities. Corporate social responsibility (CSR) represents the responsibility that a business has towards all its stakeholders‚ not just to owners or shareholders‚ to deal with their needs
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Johnson & Johnson‚ a global company‚ posts that "The fundamental objective of Johnson & Johnson is to provide scientifically sound‚ high quality products and services to help heal‚ cure disease and improve the quality of life." This and a bit more information about the company and its objectives and vision can be gathered by reading from the Johnson & Johnson company page at their web site. There are numerous links there to other Johnson & Johnson posts including one to the company
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and the corporation The problem investigated is the growth of corporations and capitalism to the extent that they become unavoidably inseparable in order to maintain a cohesive‚ civil society. Corporations have been with humanity since the beginning of organized government. Capitalism can be loosely defined as the economic freedom to allow for the building of wealth‚ both individually and corporately. In order to provide for that freedom‚ governments must be in one accord with corporations to that
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The film stresses that corporations have not always existed. They date back to before the seventeenth century in Europe as a result of the industrial revolution and the civil war. However‚ in the seventeenth century making money became a key focus. A corporation is defined as a group of individuals working together to accomplish a goal‚ that goal being making themselves and shareholders as much money as possible is the shortest amount of time possible. A corporation is seen as a legal person by
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Corporation‚ partnership‚ or sole proprietorship? Now that you have decided to start your own business‚ you will have to determine what business structure or form of organization suits your needs. The structure of your business will depend on whether you want to run your business yourself or with a partner or associates. There are four types of business structures: sole proprietorships‚ partnerships‚ corporations and cooperatives. On this page: 1. 1. Sole proprietorship 2. 2. Partnerships
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Individualism Mechanism in Modern Corporations Without guidance from morality‚ it is naturally that corporations move towards individualism to some extent. In modern corporations‚ the imbalances of enterprise ethics aggravate the phenomenon of individualism‚ which is also an extreme reaction. Bakan describes the corporation as “the pathological pursuit of profit and power”. A value of “the profit is the only rule” causes nothing but negative effects on corporations. Only under a principle and moral
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F True False 4. A person who performs services for a corporation in exchange for stock will be treated as a member of the transferring group even if that person only transfers a relatively small amount of property to the corporation. F True False 5. When a taxpayer incorporates her business‚ she transfers several liabilities to the corporation. If one of the liabilities is personal in origin‚ only that liability will be treated
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Introduction A Central Industrial Finance corporation was set up under the industrial Finance corporations Act‚ 1948 in order to provide medium and long term credit to industrial undertakings which fall outside normal activities of commercial banks. The State governments expressed their desire that similar corporations be set up in states to supplement the work of the Industrial financial corporation. State governments also expressed that the State corporations be established under a special statue
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Multinational Corporation and the Global economy Multinational Corporation A corporation that manages production or renders services in more than one country. Classification of Multinational Corporations Subsidiaries If you company is cash rich‚ then acquisitions may be a better strategy than establishing branches. Acquiring a local company for the purpose of vertical or horizontal integration is fast and comparatively easy‚ provided that you plan to leave the original business (branch
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individuals. Corporation: A legal entity created by a state‚ separate and distinct from its owners and managers‚ having unlimited life‚ easy transferability of ownership and limited liability. Limited Liability Company (LLC): A relatively new type of organization that is a hybrid between a partnership and a corporation. Limited Liability Partnership (LLP): Similar to an LLC but used for professional firms in the fields of accounting‚ law‚ and architecture. It has limited liability like corporations but
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