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Sustainable Corporate Development - Assignment Example

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They need to plan where they want to go and make innovative strategies to reach there. Businesses must set good examples for other businesses by sticking to the core values of the firm. Another survival strategy…
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Sustainable Corporate Development
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Sustainable Corporate Development

Download file to see previous pages... It is the basic goal of every business to grow in the respective industry. This many also involve launching new products and services for the consumers. The company must not only focus on growth but profitable growth. Without profits the growth of the business becomes unsustainable. The profitability of most of the organizations is based on two important factors i.e. cutting cost and growth (Anon., 2013).
Quality of working life is based on the job related experience of the employees. The needs that should be addressed by the employees to achieve high quality of work life include skill variety, task identity, autonomy, task significance and feedback. Other aspects that should also be addressed include individual power, fairness and equity, participation of employees in the management of the firm, self –development and extra work activities.
Business ethics are the moral principles which underpin the behavior of the firms. Moral principles are concerned with what is right and wrong for the business. The ethical business is considered to be the one which is based on the set of moral principles. Being ethical means that a business complies with the laws and regulations and make choices about what it is allowed to do and what it is not allowed to do. An organization sets ethical objectives of the firm by applying ethical values to the actions and targets of the firm (Anon., 2014).
The concept of business continuity is based on the fact that a company continues to operate in the business even in the adverse environmental conditions such as in case of natural disaster, fire, etc. The continuity plan of the business may include moving the operations of the business to another location if any kind of disaster occurs on the worksite.
Learning organization is considered to be an organization that facilitates learning and transforms itself according to the changing trends of the environment. Learning organizations emerge as a result of the pressure faced by modern ...Download file to see next pagesRead More
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