The Developing Business - Essay Example

Comments (0) Cite this document
Sustainability as a concept involves working in a way that an organization considers and accounts for its impact on the planet, the society and the future (Carroll & Buchholtz 2014, p. 145). This paper will outline the role played by various business models in accounting for…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.6% of users find it useful
The Developing Business
Read TextPreview

Extract of sample "The Developing Business"

Download file to see previous pages Many organizations refer to sustainability as corporate social responsibility (CSR). Thus, CSR will be used in the essay to refer to social and environmental sustainability. The terms, sustainability and corporate social responsibility refer to the practical contributions that businesses can make to sustainability.
Many companies in recent times have incorporated social and environmental sustainability in their financial statements. (Gray, 2006, p.81) said that reporting social sustainability is crucial because the sustainability apprehensions of individuals, communities and governments facilitate shaping the world in which organizations operate.Sustainability reporting at the enterprise level also intends to represent an organization’ssocial, environmental and economic performance. Social sustainability reporting is aimed at reflecting the external costs and benefits of an organization that are not otherwise identified.
Conventionally, ‘labour hires capital’ with the prominence on individual, environmental and social profit. On the contrary, capital hires labour with the superseding prominence on making a ‘profit’ over and beyond any advantage either to the industry itself or the employees (Epstein and Buhovac, 2014, pg. 29). These two differences provide a major contrast to how the accountant views of business operation.
Another difference that arises is that of the conflicts created by professional values and managerial logic. Accountants view the firm in professional term, meaning any notion that does not involve accounting principles is rendered irrelevant. The CSR function, on the other hand, is based on managerial logic whereby the businesses engross in broad activities so long as profits are recognized from the business endeavours.
Theoretical work on CSR accounting has created different theories as to the motivation of firms to report or release information on their CSR actions, many of ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“The Developing Business Essay Example | Topics and Well Written Essays - 3000 words - 1”, n.d.)
The Developing Business Essay Example | Topics and Well Written Essays - 3000 words - 1. Retrieved from
(The Developing Business Essay Example | Topics and Well Written Essays - 3000 Words - 1)
The Developing Business Essay Example | Topics and Well Written Essays - 3000 Words - 1.
“The Developing Business Essay Example | Topics and Well Written Essays - 3000 Words - 1”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF The Developing Business

Developing Creativity For Business

...? Creativity in a Business Context Report According to creativity is a ‘mental characteristic that allows a person to think outside of the box , which results in innovative or different approaches to a particular task.’ defines creativity as the ‘ability to make or otherwise bring into existence something new , whether a new solution to a problem , a new method or device , or a new artistic object or form.’ defines creativity as the ‘use of imagination or original ideas to create something.’ Twenty first century is the era of immense modernization and sophistication. Man’s unending thirst has led to fierce competition in myriad fields. In the present span of tremendous... ...
12 Pages(3000 words)Essay

Developing Successful Business Teams

...?Developing Successful Business Teams Table of Contents Introduction 3 2. The Features of Successful Business Team 4 2 Characteristics of a Successful Business Team 4 2.2. Assessing the Importance of Team Role 6 2.3. The Implication of Theoretical Models in terms of Building Successful Business Team 6 3. Developing Ability to Support Team Effectiveness 7 3.1 The Stages of Team Development 7 3.2. Plan for Motivating Team Members to Achieve Given Objectives 9 3.3. Encourage Open Communication between Team Members to Support Team Development 12 3.4 Evaluate Ways to Resolve Conflicts among the Team Members 14...
20 Pages(5000 words)Essay

Developing Good Business Sense

...?running head: Developing Good Business Sense Developing Good Business Sense Submitted [Pick the Operations and materials management play a vital role in the profitability of any organization. Where operations are more concerned with value addition; materials management is more related with efficiency and productivity of organizational processes. A careful analysis of organizations like McDonalds, KFC and Amazon helps in understanding the role of effective and efficient operations and materials system (OMM) in overall performance of an organization. This analysis further indicates that organizations need to select OMM that suits their business model and...
3 Pages(750 words)Essay

Developing a small business

...Running Head: DEVELOPING A SMALL BUSINESS Developing a Small Business [The [The of the Developing aSmall Business Executive Summary This account covers the contented that analysis of the Fair fast food eating place is how to successfully function and survive in the competitive market as a small business hors d'oeuvre. Fast food and prearranged catering is not anything new to Hong Kong. Through SWOT analysis, we may with no trouble discover that Fair fast food had 12 years the past in Hong Kong fast food manufacturing plus it is well-known as serving mostly Chinese food and its menu is regularly distorted with cyclic...
16 Pages(4000 words)Essay

Choctaw Indians

9 Pages(2250 words)Essay

Describe how social theory helps you evaluate contemporary challenges related to your chosen problem/policy area

2 Pages(500 words)Essay

Developing a Business Model

...Developing a Business Model Ford’s One Ford business model has supported its strategic objectives over the years and allowed it to expand across the world by including more countries in its target markets. However, for the plan to work it needs to be aligned with the company’s goals and objectives so that they work in unison. For North America, Ford needs to restructure aggressively to continue operating profitably at the current dynamic and demand model mix (Dubofsky, 2013:27). This restructuring should occur at across all the firm’s operations, including aspects of supplier relationships, dealer and customer credit personnel and operations, manufacturing, and deal relationships. The...
2 Pages(500 words)Essay

The Developing Business

...The Developing Business Introduction Sustainability in the realm of a business environment refers to the holistic methodology of management. In business, three foremost sustainability concerns arise relating to environmental, financial, and social concerns. Sustainability aims at embedding better commercial practices of governance, making of ethical organizations, and augmenting social, environmental, and economic responsibilities. Additionally, the business strives to ensure the best interest to inherent society initiatives and responsibilities in the allocation of finances. Hence, there is distribution of risks and conservation of the environment leading to long-term growth and excellence of the organization (Blaga, 2013, p. 20... )....
12 Pages(3000 words)Essay

Developing business

...the sustainability strength of the business. For example, Global Reporting Index has developed a comprehensive guideline for ensuring the sustainability in the business. GRI reporting framework provides a complete guideline for testing the sustainability viability of business aspects such as a quality of the annual report, strategy analysis, and the disclosures, etc (Global Reporting, n.d.). On the other hand, evolution is also witnessed in the accountancy profession for guiding adaptive and sustainable role of business in society (Benn, Dunphy, and Griffiths, 2007). Furthermore, Hollingworth, (2009) has identified a 360 degree sustainability model...
12 Pages(3000 words)Essay

Developing Successful Business Teams

...Developing Successful Business Teams Executive Summary Effective employees are the asset of any organisation. The performance of the organisation depends on the potential of the team members. The report intends to provide a focus on the concept of team and its role on the organisational performance. The models such as Belbin’s have been discussed to evaluate the behavioural strengths and weakness of the team members. The formation stages have also been discussed by the Tuckerman’s model. The conflict management model is presented in the report to settle the arguments in the organisation. The theories have been discussed in the context of Apple Inc. The study concludes that Apple Inc. has been to improve...
12 Pages(3000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic The Developing Business for FREE!

Contact Us