their revenues (which are approximately 79‚697.0 million dollars). P&G market capitalization is bigger than many countries GDP. Furtermore P&G profit is 13‚436.0 million dollars‚ when in comparison number one Fortune 500 company Wallmart has just a “little“ bit bigger profit of 14‚335.0 million dollars. This company serves to the customers to more than 180 countries. Even at Baltic states is sold more than 7 millions P&G products every month. Procter & Gamble manufactures a wide range of consumer goods
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In the “Maya the bee” I like a lot of characters such as Flip the grasshopper‚ Miss Cassandra an adult bee and the little Ben the bung beetle‚ but the most character that I like is the little bee whose name Maya. This bee was born in the hive along with Willy; Maya’s best friend and other bees. Since she born‚ she was not like other bees‚ she was very curious about what beyond the hive. She is a smart and very kind bee. All the bees love her‚ but unintentionally she brought a lot of troubles to the
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Organizational Justice‚ Ethics‚ and Social Responsibility Chapter discussed Organizational Justice‚ Ethics‚ and Social Responsibility. While watching CNBC on television‚ I viewed a documentary on the energy company Enron. Their practices and ethics‚ or lack thereof are an excellent example of the topics contained in this chapter. Their disregard for ethical behavior and social responsibility‚ ultimately led to the demise of the company and also caused several members of the company in management
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Heledd Jenkins defines Corporate social responsibility (CSR) as social progress that recognizes the needs of everyone; effective protection of the environment; prudent use of natural resources; and maintenance of high and stable levels of economic growth (Jenkins 2006: 271). If transnational corporations took these steps and insured their corporate social responsibility to not harm the DRC then the DRC would improve and not have low economic development
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Bee Cheng Hiang Lower Trade Barriers Integrated economic markets Changing World Output and World Trade Picture Technological Innovations Changing demographics Management across cultures Culture refers to the values and expectations of a group of people.* It is important for managers to ascertain the culture of the host country and adapt the organization. One way to manage the organisation in one country may not be appropriate in another. When managing the operations in a particular subsidiary
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What is corporate social responsibility? Give arguments for and against social responsibility? Ans. Social Responsibility Social responsibility can be defined as: “A business’s obligation to follow goals that are good for both organization and society in the long-term‚ and are not required by law.” Corporate Social Responsibility The term "corporate social responsibility" came in to common use in the early 1970s. It means the duty of an organization towards society in order to prove itself
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The global financial meltdown uncovered many social norms previously unimagined. The number of people who lost their jobs due to the financial situation is appalling. Interestingly‚ this does not mean that multi-national corporations are necessarily suffering. Most of the established companies with branches all over the world took the excuse of the financial breakdown to benefit. All of a sudden‚ it was okay to lay off people on the pretext of financial gloom. This means that a few people were benefiting
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decisions regarding the firm’s profitability and their corporation’s social responsibility. The term "corporate social responsibility" came into common use in the late 1960s and early 1970s after many multinational corporations formed the term stakeholder‚ meaning those on whom an organization ’s activities have an impact. It was used to describe corporate owners beyond shareholders. The field of corporate social responsibility (CSR) has developed exponentially in the last decade. Nevertheless‚
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but sure can make some good honey. The killer bee makes honey just not as much as it is expected. The killer Bee will not make as much as the honey bee. Back in the 50’s a group of brazil scientist were in the lab trying to altar honey bees in order to get more honey but came out more aggressive and Known as the “Killer Bee” Killer bee’s were made to produce more honey but that didn’t work out so well. The scientist wanted the killer bee to mate with the honey bees and make more honey
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XEROX CORPORATION (Corporate Social Responsibility) 1. Introduction – Xerox company profile Xerox Corporation is the world’s leading document management company. The company is manufacturing and selling printers‚ digital printing presses and systems‚ photo copiers and related supplies. Xerox started to expand rapidly between 1960 and 1970. In the mid 1980’s Apple decided to buy Xerox but the deal finally did not happen. Xerox sued Apple for stealing and using its graphical user interface on
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