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Companies have different programs to expand their brand popularity. Joyner highlights an example of Toms, a renowned shoe company, as among the businesses that embrace ethics in their operations (1). According to Joyner, business that embrace social responsibility have started to favor the “buy one, give one” strategy. For every pair sold by Toms, it gives a pair. The company donates the pair to children in developing regions such as Malawi, Haiti, or Peru. By 2014, Toms had donated nearly ten million pairs of shoes and currently experiences massive sale volumes for its shoe brands. Remarkably, donations have served to expand Toms’ shoe brand dominance in the market because customers buy with the urge to help the needy. Besides having high quality shoe brands, Toms’ selling strategy has contributed to its market expansion. Particularly, it enjoys high sales among the youths. It sells brands that are highly appealing to teenagers. That justifies its strong brand and high sales.
Among the vital responsibilities of every business that embraces ethical operations is to ensure employees receive decent salaries and work in safe conditions. Employees are critical to business’ success and should be subject to safe working conditions. An example of unethical business is the case of Rana plaza that collapsed in Bangladesh, resulting in the death of 1137 people. By 2014, April 24 nearly 250 people were mission since the incidence that occurred on April 24, 2013, a year on (Institute for Global Labor and Human Rights, 2014). The Rana Plaza factory collapse accident has been termed a fatal and deadliest disaster. The case represents poor working conditions in which employees are exposed to eminent danger. Furthermore, the employees lack proper insurance cover. That represents unethical business operations. According to the report by the Institute for Global Labor and Human Rights (1),
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George Bush in the year 2002 has said that ‘At this moment, America’s highest economic need is higher ethical standards- standards enforced by strict laws’. It is generally perceived that increasing regulations result in increasing the ethical standards as when regulations will be more strict towards increasing the ethical standards, then businesses will need to follow the regulations and in turn they will be more ethical in their approach as well.
A Research of How health and safety affect employee’s productivity and company profits in Koh Brothers Group Table of Contents 1. Introduction 3 1.1 Background of the Company 3 1.2 Research title, Research Question, Research Objectives 3 1.3 Research Rationale 3 2.
Superiority quality of products and consistent and dependable processes have become the minimum expectations of customers during the past few years. Technology-driven enterprises need to offer a competitive quality promise or they could lose their market shares to competitors who proactively do the same.
Ethics provides a uniform code of conduct to be adapted in the business environment for all the players existing in it. Ethics could vary between geographical areas which leads to the recognition of having the need for uniform business practices due to the globalization in recent years.
Over the years, however, many companies behaved following a double standard, acting legally but unethically according to the standards of the society where these firms originated. They were able to do this because by following local laws and
ity of life of the workforce and their families as well as of the local community and society at large" The same report gave some evidence of the different perceptions of what this should mean from a number of different societies across the world. "CSR is about capacity building
The essay also considers the various ethical and social responsibilities of those charged with governance to the society along with the shareholders.J. L. Thompson (2004) states that a company as a going concern does not survive alone or live in a vacuum; it needs directions from the managers and directors to discover a path which is related to the mission of the organization and the objectives set by it.
The scope of this project is to explore research literature which has explored motivation as a means of creating higher levels of job satisfaction. The research endeavor can determine whether there are direct and measurable correlations between motivation and job satisfaction or identify whether different strategies are more appropriate.
30 Pages(7500 words)Literature review
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