Corporate Social Responsibility At Adam Smith s The...

Introduction The subject of corporate social responsibility raises a peculiar, yet necessary question if its concept is to be understood: why do businesses exist? There are several was to answer this question, but none comes as close enough as the content contained in Adam Smith’s The Wealth of Nations. According to Smith (2005), all individuals work for their own interests. This is affirmed by Hodgson (2004), who states that opportunism defines the transactional world of economic man. In the years gone by, businesses restricted the purposes of the existence of business solely for profit making. However, with the dawn of the 20th century, according to the International Institute for Sustainable Development (2013), businesses and corporates alike have realized that they are part of the society, and as such, can no longer operate in isolation. This concept is referred to as Corporate Social Responsibility. This report establishes that corporate social responsibility is important because it enhances the brand image, differentiation, and reputation of the business; increases stakeholder loyalty; decreases operating costs; and results in employee engagement and motivation. Brief Overview of Corporate Social Responsibility There is no universally acclaimed definition of what CSR is; rather its theoretical function is defined independently from entity to entity. However, according to Crowther Aras (2008), the conventional definition adopted by many businesses affords that CSRShow MoreRelatedThe Powers And Duty Of The Corporation1215 Words   |  5 PagesDuring a parliamentary committee hearing in 2006 it was stated that a director may fails its duty if consideration was given to factors other than maximization of profit . The same was argued by Milton Friedman, claiming that the only corporate social responsibility an organization has is to maximize its profit. The topic of abuse and exploitation of stakeholders often arises in the media in relation to decision making primarily focusing on profitability. There are a number of examples of multinationalRead MoreThe Primary Goal of a Firm Has Been Held Out to Be Shareholder Wealth Maximization Which Translates to Maximizing Stock Prices. in Light of This Statement, Do You Think Firms Have Any Responsibility to Society?2898 Words   |  12 PagesMBC 703 –CORPORATE FINANCE ACCOUNTS ASSIGNMENT: The Primary goal of a firm has been held out to be shareholder wealth maximization which translates to maximizing stock prices. In light of this statement, do you think firms have any responsibility to society? BY Akanji Emmanuel olusegun BSU/MS/MBA/08/3104 FACULTY OF MANAGEMENT SCIENCE MASTER OF BUSINESS ADMINISTRATION (MBA) BENUE STATE UNIVERSITY MAKURDI. AUGUST,2010 1.0 Introduction: Read MoreThe Difference Between Professionalism And Ethics1590 Words   |  7 Pageswrong. Ethics is an attempt to discover that ought to be. Ethics forms critique of both ultimate values and goals and the means used in trying to achieve them. The history of business ethics displays a growing recognition of the need to examine the social transformations that have impacted organization, management and society. Ethics is a mass of moral principles or sets of values about what conduct ought to be. Ethics is a written or unwritten set of codes or principles governing business or professionRead MoreChapter 56435 Words   |  26 Pagesand largely discredited doctrine E. It still influences many governments 4. The theory of __________ was advanced by Adam Smith. A. absolute advantage B. capitalism C. similar opportunity D. mercantilism E. comparative advantage 5. Which of the following international trade scholars was the first to explain why unrestricted free trade is beneficial to a country? A. Adam Smith B. Bertil Ohlin C. Eli Heckscher D. Paul Krugman E. David Ricardo 6. __________ refers to a situation where a governmentRead MoreEthics And The Ethical Change Essay2190 Words   |  9 PagesCambridge Dictionary of Philosophy as, â€Å"the view that people ought to do what is in their own self-interest† (Audi 1999); this can be for the short-term desire or long-term interest. This theory is often illustrated by the ideas of the Philosopher Adam Smith. Humans are seen as egotistic as we all want to be selfish and maximise our own self-worth. Utilitarianism can often be referred to as the ‘greatest happiness principle’, the theory attempts to look at a dilemma and look at whether it is â€Å"morallyRead MoreHuman Resources Management And Human Resource Management2123 Words   |  9 Pagesresource management and enterprise s corporate strategy compared to China. The current situation of human resource management within most Chinese corporation keeps on tracks of planned economy 1) Differences on human resource management and the corporate training Human resource management is an activity to improve the performance of employees and organizations through planned and sustainable training, education, and exploitation. In the United States, corporate training focuses on planned and specificRead MoreTheories of Organizational Behavior10512 Words   |  43 Pagesorganizations interact has also been added to these two. . Modern organizational studies attempt to understand and model all such factors that come in play when an organization zooms in existence and continues being in functioning. Like all modernist social sciences, organizational studies seek to control, predict, and explain. One of the main goals of organizational theorists is, according to Simms (1994) to revitalize organizational theory and develop a better conceptualization of organizationalRead MoreCorporate Ethical Issues and Ensuing Influence-Case Study of Murdochs Phone Hacking Scandal2819 Words   |  12 PagesCorporate Ethical Issues and Ensuing influence-Case study of Murdochs phone hacking scandal 1. Research Background The business ethics refers to the ethics of enterprise operation. Not only for the enterprises, all organizations related to business are supposed to have ethical issues. As long as the groups of people are having business activities,there are always exist ethical issues in essence(Drucker,1981,pp66). A moral enterprise should pay attention to the human nature,avoid conflict and frictionRead MoreManagement Operations Management2057 Words   |  9 Pagesdifferent branches of business administration knowledge. Directors and managers should have the authority and responsibility to make decisions to direct an enterprise when given the authority[citation needed] As a discipline, management comprises the interlocking functions of formulating corporate policy and organizing, planning, controlling, and directing a firm s resources to achieve a policy s objectives The size of management can range from one person in a small firm to hundreds or thousands ofRead More1314297012 coco misc lifting the veil of incorporation 1 4708 Words   |  19 Pagestreating such companies as distinct legal entities.† Explain this statement. Consider the need for reform. Contents Introduction 3 Salomon v Salomon 4 Lifting the veil of incorporation 5 Fraud 5 Faà §ade or a sham 5 Groups of Companies 7 Adams Others v Cape Industries plc 10 Is there a need for reform? 12 Conclusion 14 Bibliography 16 Books: 16 Journals: 16 Cases: 17 Websites: 17 Bill: 18 Introduction In order to explain the statement this essay will explore the background to treating

Women’s Army Auxiliary Corps Free Essays

Women’s Army Auxiliary Corps Take the women into the armed service, who then will do the cooking, the washing, the mending, the humble and homey tasks to which every woman has devoted herself? From the mouth of a man who was against women joining the Armed Forces of the United States during World Wars I (WWI) and II (WWII) (Monahan). In 1917, thousands of women served during World War I (WWI), constantly fighting a battle to become part of the United States Army, a battle they were not winning (Monahan). They were nursing, supporting and helping the military forces overseas, but they were not recognized. We will write a custom essay sample on Women’s Army Auxiliary Corps or any similar topic only for you Order Now During that time period many Army Officers put formal requests into the War Department to allow the recruitment and enlistment of women, trying to create a bill to establish a Women’s Army Auxiliary Corps (WAAC). Secretary of War, Newton D. Baker, disagreed with this suggestion of a bill and the requests to establish a women’s service corps within the U. S. Army (Monahan). After the war was over the push for a WAAC was forgotten, out of sight out of mind, until World War II. The basis of the WAAC was to allow women into the Army and to try to create an equal environment for men and women from which the Constitution and the Declaration of Independence says we are built upon. When WWII kicked off women were not considered part of the Army, but they were allowed to help with many different roles. This time period posed many opportunities for American women, both domestically as well as roles they could play in the war. A big issue that dominated women’s lives during this period was how to combine home-life with the new demands of the war economy in the public’s eyes. Women had made a few gains between WWI and WWII in the military in terms of the political influence; female workers were utilized for short-term gains during the war, with a long-term goal of seeing women return to the domestic sphere and reinforcing traditional gender roles (Crockrord). Women who chose to help the military in times of war had to obtain their own food and quarters, they had no legal protection or medical care and most importantly they were not entitled to any type of disability benefits or pensions the Veterans were entitled to (Holm). Congresswoman, Edith Nourse Rogers of Massachusetts was determined to change this, she introduced a bill on May 28, 1941, to establish a Women’s Army Auxiliary Corps, and the bill eventually succeeded because there was no hint of full status for women; which meant women would be ecognized as supporting the Army but they would still not be a part of the Army (Holm). She felt women and men should have the same benefits and should be treated equally. When the final bill for the WAAC was presented both sides had to compromise, the women and the men’s side serving in the military (Bellafaire). The bill passed, and the bill passing meant that women would be allowed to serve with the Army but they still would no t receive the same pay or promotions and lot of the benefits that the men received. They did however receive food, uniforms, living quarters, minimal pay and medical care. There was also a lot of focus on preventing women from attaining high rank and on placing women in positions where they could give orders to men (Bellafaire). For example, although the duties of a WAAC first officer were comparable to those of a male captain, she received pay equivalent to that of a male first lieutenant (Bellafaire). Unfortunately, there were still many things that women had to overcome serving with the military. Men constantly criticized female soldiers, saying that they needed to be home with their family and community. They didn’t want a change and women in the military represented just that. The Office of Censorship ran a pole and discovered 84 percent of soldiers’ letters mentioning the WAAC were unfavorable (Bellafaire). They were questioning the moral values of women attracted to the military service and passed these beliefs to their families at home (Bellafaire). One of the biggest challenges that were faced with the WAAC was the rumors. Most of the rumors were started because they many were trying to force women back to â€Å"their domestic lifestyles† (Bellafaire). Many men started to say women of the WAAC were pregnant or were prostitutes; the women were often returned home based on the rumors and not factual evidence (Bellafaire). One story that was told was that any soldier seen dating a WAAC would be seized by Army authorities and provided with medical treatment (Bellafaire). Though there were many rumors about the WAAC and they were under serious scrutiny, Congress opened a hearing in March 1943 on the conversion of the WAAC into the Regular Army, hoping that it would help to mitigate the rumors and help the women become more of an integral part of the Army (Holm). Army leaders asked for the authority to convert the WAAC into the Women’s Army Corps, which would be part of the Army itself rather than merely serving with it (Holm). On July 3, 1943 the WAC was signed into law and all WAAC’s were given the choice of joining the Army as a member of the WAC or returning to civilian life. Many decided to join, 25 percent decided to leave the service (Bellafaire). Women in the military have been an instrumental part of our history. The WAAC was the first step for them becoming part of the military. Looking at the bigger picture, whether women were a part of the WAAC, the WAC or just the plain old Army today there will always be a place for women. Even in today’s world women constantly have to fight for their roles and to prove themselves. The Declaration of Independents states, we hold these truths to be self-evident, that all men are created equal (Jefferson), â€Å"men† is all people, including women. It is always a constant battle for equality, the WAAC was a positive step in that direction and it has only gotten better. Works Cited Bellafaire, Judith. â€Å"The Women’s Army Corps: A Commemoration of World War II Service. † www. history. army. mil/brochures/WAC/WAC. htm. CHM Publication, 17 Feb. 2005. Web. 29 June 2012. Crockrord, Vanessa. â€Å"Oveta Culp Hobby and Her â€Å"Lieutenants† Transformational Leadership in Action in the Women’s Army Auxiliary Corps of World War II. † Dissertation. 2003. Electronic. 29 June 2012. Holm, Jeanne. Women in the Military: An Unfinished Revolution. Novato: Presidio Press, 1982. Print. Monahan, Evelyn. A Few Good Women. New York: Random House, 2010. Print. 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The 1975 • The 1975 free essay sample

There is a point in every teen girl’s life when she finds herself stuck deep in the mold of â€Å"The Average Teenage Girl.† During my young teen years it was a time of Uggs, leggings, and the famous black Northface jacket. I found myself in this outfit – this mold – quite frequently, trying to keep up with what was â€Å"cool.† At this time, I typically only listened to the iTunes top 10 list or whatever music my peers were enjoying. However, the beginning of sophomore year I stumbled upon a new band, The 1975, and their album by the same name. I was surprised by how much I enjoyed this alternative rock band’s music. The first song I heard was â€Å"M.O.N.E.Y.† with an eccentric rock/electronic/alternative sound. I was drowning with astonishment at this beautiful new sound flooding through my headphones. It took one bus ride home to listen to the entire album and fall in love. We will write a custom essay sample on The 1975 †¢ The 1975 or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Usually someone’s favorite song draws them in because the lyrics speak to them. This is what surprised me about â€Å"The 1975† – three of the songs don’t have any lyrics at all, and I don’t know the words to half the songs on the album. Instead, they spoke to me through guitar, piano, electronic music, and drums. The electronic music beats waves of delight through me. The bass guitar holds steady in the background of almost every song, competing with the piano and drums. Each song explores different emotions, and hearing this album made me feel satisfied, whole. By listening to this album, I began developing into a real person, with wants, beliefs, ideas, and a perspective all my own. I found myself in a loving relationship with Converse, writing poems, and dressing in a unique manner I personally found attractive; I learned who Madison really was. All the songs on â€Å"The 1975† make me feel quenched inside. After almost two years of analyzing, my favorite songs are â€Å"Menswear,† â€Å"Settle Down,† â€Å"Heart Out,† and â€Å"Robbers.† When I need nurturing, this album always fulfills me, helping me regain my worth and voice.