Nobody downloaded yet

In the light of the challenges facing global business today, all companies listed on stock exchanges should adopt the UN Global - Essay Example

Comments (0) Cite this document
Summary
In the light of the challenges facing global business today, all companies listed on stock exchanges should adopt the UN Global Compact on responsible management :( First, Middle, Last) Admission Number: Title: Institution: Instructor/Lecturer: (Dd, mm, yyyy) Table of Contents 1.Introduction 3 2.Benefits of Global Compact: 8 3.Future for Global Compact: 9 4.Governments and the United Nations 11 5.Environment 11 6.Governance 12 References 14 1…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.1% of users find it useful
In the light of the challenges facing global business today, all companies listed on stock exchanges should adopt the UN Global
Read TextPreview

Extract of sample
"In the light of the challenges facing global business today, all companies listed on stock exchanges should adopt the UN Global"

Download file to see previous pages This paper argues that “in the light of the challenges facing global business today, all companies listed on stock exchanges should adopt the UN Global Compact on responsible management” Globalization conveys people, culture, societies together and necessity and chances for cooperation enabling more prosperity and complex understanding to boost. Accountable businesses that establish proactive corporate practices and policies involving those valued by human rights, upon ensuring decent and safe working environments protection and excellent corporate governance contribute largely towards achieving social, economic and environmental goals. They also assist in making of markets more maintainable, inclusive and stable. Forming practices and rules which boost business responsibilities may also contribute towards business competitiveness. Enforcement and adoption of regulations and laws lies with the governments thus, business guided efforts can only be maintained and scaled when rules of law, public institutions, predictable regulatory and transparent efforts maintain the accountable business exercises. Much more, the collaborative multi-stakeholder enhancements amidst business, institutions, labor organizations and civil society give chances to boost promote innovation and extensive sustainable progression in manners capable to extend what businesses and governments produce on their own (Creaton, 2007). There are some ways in which Governments may sustain accountable business exercises. These are: Forming enabling conditions where governments may allocate crucial conditions for corporate accountability matters for dialogue and progression. This could also involve guiding by example like by articulation maintaining for corporate accountability principles and guidelines. Raising consciousness as the governments may dynamically draw attention to usual matters, benefits and aspects of corporate responsibility and enable for public debates. On promotion governments may come with best practices like giving of awards likewise to endorsement or invite wider community and invite businesses support for voluntary corporate accountability activities, programs and initiatives such as UN Global Compact. Tools progression ensure recognizing that business sectors can at times require requirement facilitation or guidance help as governments could help the progression of corporate accountability guidelines, programs and realization of particular designed which encourages entrepreneurism and corporate accountability amongst the medium and small sized enterprises areas. Funding where the governments have resources and may directly add to resources to assist voluntary initiative to exploit their effects. UN Global Compact renewed the multi-stakeholder obligations, widening of business establishment, boosting of financial market incentives, added governmental maintenance and extending of wider UN-premises agenda. All the points lies with the decision that business workings in pragmatic and principled ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“In the light of the challenges facing global business today, all Essay”, n.d.)
Retrieved from https://studentshare.org/music/1423975-in-the-light-of-the-challenges-facing-global
(In the Light of the Challenges Facing Global Business Today, All Essay)
https://studentshare.org/music/1423975-in-the-light-of-the-challenges-facing-global.
“In the Light of the Challenges Facing Global Business Today, All Essay”, n.d. https://studentshare.org/music/1423975-in-the-light-of-the-challenges-facing-global.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Indian Stock Exchanges
..., it grew 73%! The NSE, meanwhile, was created far more recently: “The National Stock Exchange of India Limited has genesis in the report of the High Powered Study Group on Establishment of New Stock Exchanges. It recommended promotion of a National Stock Exchange by financial institutions (FIs) to provide access to investors from all across the country on an equal footing. Based on the recommendations, NSE was promoted by leading Financial Institutions at the behest of the Government of India and was incorporated in November 1992 as a tax-paying company unlike other stock...
10 Pages(2500 words)Research Paper
Global challenges
...not permitted to operate. Here RBS can create a competitive advantage by lowering their price and improving its product features. Threat of new entrants and entry barriers – Threat from new entrants arise when new players or companies try to gain market share. Companies who are already in the market tend to maintain a high profit and prevent the new entrants from entering the market. This is known as creating entry barriers. Barriers to entry can be in form of economies of scale, maintaining high loyalty, high cost advantage (Hill, Jones, 2012, pp. 51). With the growth of globalization it has become possible for foreign banks to open its branches in countries like the developing...
6 Pages(1500 words)Research Paper
Challenges facing managers today
.... And within this transformation in environment, managers have to change to become a change mentor, an employee advocate or sponsor, and a strategic partner within their organizations. In order to be successful, management is required to be a business driven activity with a comprehensive understanding of the big picture of the organization and have the capacity to affect significant policies and decisions. Generally, the focus of today’s manager should be on strategic technological planning, talents development, and personnel retention. Managers should also be succession planners, coaches, mentors, and counselors to help motivate workers and their loyalty (Daniel &...
5 Pages(1250 words)Research Paper
Global warming - new business challenges
...Global warming- new business challenges Chapter-01: Introduction Business operations relates to the human community and the environment we live in. Success of a business entity depends on the nature resources, socio economic conditions prevailing. Business operations are concentrated on enhancing or facilitating the human livelihood to new provisions. In providing the extra secure features the business communities has to interfere with the natural resources. One available resource has to mould into another useful feature like extracting coal, oil from wells from earth crust needs to change the basic features of the earth...
4 Pages(1000 words)Essay
Global Challenges
...Global Challenges Compare and contrast any country’s recent economic development (since 1980s) with that of another. India is one country that hashad recent economic successes and when one compares the same with that of Ethiopia, there has been a considerable difference ever since the early 1980s. This means that the economic indicators within India are doing something right as compared to Ethiopia which is on a constant famine for a number of decades now. Ethiopia’s problems have been filled with deprivation of resources as far as its people are concerned and there is no proper infrastructure in place while the economic developments within India have increased in the last two decades or so and one can...
2 Pages(500 words)Essay
Global companies, global integrity
...Globalization has brought about many changes that need to be integrated in global companies to be competitive in a worldwide scale. The opening of international branches in all corners of the world has never been as apparent as it is today. The proposition that the world has become flat, although up for debate, still reins in verified points that can be seen in the dynamics of these companies. With this come a number of troubles that were relatively uncommon from previous encounters. Yet, companies are to be more responsive to the changing needs that differentiate its primary office to those of its international...
1 Pages(250 words)Essay
Finance- Global Stock Markets
...Israel-US Stock Market Performance The following brief discussion will track the stock markets in the United s (the Dow Jones in New York and the Israeli stock exchange. The discussion will first compare and contrast the movements of the two indexes. Subsequently, it will attempt to link these movements to current events in the world. The period covered will be from September 20 to late November 2010. The graph below tracks the performance of the two stock exchanges. US – Israel Stock Exchange Closing, September 20 – November 24, 2010 Closing Price USD Weeks, Commencing September 20, 2010 The first thing...
4 Pages(1000 words)Essay
Companies Go Global
...of complications requiring expatriate knowledge. Due to the disparities in cultures and values of the various societies, the business has to develop and implement advanced and customized tactics which suit the specific countries needs and characteristics. Despite all this management problems and related challenges, the companies need to go global due to the increased competition and advancements in communication. Companies have become multinationals hence the need for globalization that’s related to the characteristics of nations ensuring that they no longer remain in just in one country. Initially...
2 Pages(500 words)Article
Global Challenges
...decreased levels of rainfall which most farmers rely on for farming in order to supply the cities with food (Levy, 2011). In the near future, the US will face challenges that are different from other countries. Such challenges include how to address the problems resulting declining population growth and aging population, which have resulted to shrinking cities and deterioration in buildings and infrastructure (Levy, 2011). The second challenge will be how to address problems of urban sprawl and preservation of inner city heritage buildings. This arises from the growing demands of housing and facilities due to an emerging wealthy class and from international investors...
1 Pages(250 words)Research Paper
Challenges in Global Business Enviroment
...are in danger. The coca-cola company should take responsibility of its products and make sure that healthy products are sold to the people. According to Laufer and Coombs (2006), companies are not supposed to underestimate the necessity of properly handling the product harm crises as documented to affect negatively the market share, stock prices, purchase intentions, sales of recalled products, and sales of other companies’ products among others. Concentrating on making huge profits at the expense of the health of consumers is an irresponsible and selfish act on the part of the company. This means that the company...
6 Pages(1500 words)Research Paper
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 In the light of the challenges facing global business today, all companies listed on stock exchanges should adopt the UN Global for FREE!
logo footer
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us