How Should It Be Enforced Government, Industry Standards, No Enforcement At All, essay on it industry, Etc. For a company to change their social leverage essay on it industry, they must be able to make good strategic choices on the end result of corporate social responsibility Rendtorff We use cookies to enhance our website for you. My Essay Point. Now, there is more information at hand to make choices, sustain and preserve relations, monitor business activities or track movements. Although agriculture has its own importance and provides the basic necessities of life, it alone cannot take a country forward.
How do you think CSR translates to firm performance?
We use cookies to enhance our website for you. Proceed if you agree to this policy or learn more about it. Type of paper: Essay. Topic: BusinessSocietyCompanyCorporationSociologyCommerceResponsibilitySocial Responsibility. Does such a philosophy have implications for business ethics? This quote calls upon every person involved in business, from business owners to employees to assume an important role in the workings of business. Apparently, the most important business activity essay on it industry cash flow. Cash flow is important for the business and it is crucial for it to be tracked. Nonetheless, a business can only operate long term if the business makes profit.
This essay on it industry because profit ensures that business grows in addition to allowing future planning. Profits can also tie a business organization during hard times. In this regard, the business owners and employees must utilize the best tools for the business. Good tools for business ensure easier and more cost efficient running of the business and also saves energy and time. This is the only way a business can thrive in a market economy. However, this philosophy has serious implications on the ethical side of the business. It is important to note that every business should have its moral purpose.
In most cases, the moral purposes of a business include provision of jobs, capital investment, goods purchase and general day to day business activities, essay on it industry. This ensures that corporations have positive and profound influences in the societies upon which they operate. Apparently, some of the areas where corporations operate in especially in developing countries are characterized by poverty, inequality, low wages and overexploitation of natural resources. Essay on it industry have the resources and knowledge to change these circumstances and help to uplift the social and economic lifestyles of the disadvantaged communities.
Every business enterprise should pursue the ethical side of their businesses including small scale businesses whose essay on it industry goal is short term profit persuasions. They essay on it industry therefore not be allowed neglect environmental and essay on it industry implications associated with their businesses. The original idea behind commerce is to assist society to purpose more efficiently through the use of intermediaries and media currency to facilitate the flow of ideas as well as goods and services. The idea by Friedman has contributed to the decline of this idea. However, Michael Porter and Mark Kramer argue that companies owe the society and must therefore coexist with it.
Business activities must be integrated to the societal norms. It is only after understanding the interrelationship between a society and a corporation that a business can anchor its corporate social responsibility strategies on the specific needs of the society. It is common knowledge that business and society need each other. For a corporation to be successful it requires a society that is healthy. A productive workforce is characterized by good health care, essay on it industry, equal opportunity and quality essay on it industry. This can essay on it industry come from an empowered and receptive essay on it industry. When conditions for working and products are safe, customers will not only be attracted to the business but the accidents frequencies will also be lowered.
Additionally, when water, energy and land resources are used more efficiently, essay on it industry, the business will be more productive. Apparently, essay on it industry, all these resources are obtained from the community Werther and Chandler The society provides for the business good government for operation including property rights, and the rule of law. These provide the required tools for innovation and efficiency. Strong standards of regulation help in cushioning consumers and companies competing from exploitation. A healthy society generates a demand expansion for business and this is indicated by the increased number of more human needs together with the growth of aspirations. Therefore, a business that is engaged in the sole pursuit of profit making at the expense of the society whereupon it operates will realize how difficult it is to operate.
This clearly indicates that business owe the society. A business can pay this debt by engaging the society in social programs like innovations for the community and job creation. It can only be enforced through pursuing an efficient corporate social responsibility. This requires strong leadership, organizational adjustments, and relationships reporting and reporting. Operating management must be engaged in processes that help in the identification and prioritization of social based issues, essay on it industry. The CSR effects should yield philanthropy as well. However, achievement of this requires a different approach in that companies must abandon defensive and fragmented posture and embrace an approach that is affirmative and integrated.
Focus should be removed from image emphasis to substance emphasis. Currently, a lot of energy is channeled towards measuring the satisfaction levels of shareholders. This should be stopped and more focus given to social impact measurement. Corporate social responsibility has huge impacts on the performance of a firm. Company managers should be aware that devoting investments of the company towards corporate social relationship can yield tangible financial benefits and value for the same company. Outside-in influence of the context of competition is very important for the performance of a firm. As a matter of fact corporate social responsibility initiatives should have a granular understanding of all value chain activities. Competitive context investment and value chain in corporate social responsibility should be incorporated into the measures of performance with the responsibility of profit and loss for managers.
This requires some prejudices that are long termed. Corporate social responsibility help get rid of the us-versus-them mantra. For a company to change their social leverage dimensions, essay on it industry, they must essay on it industry able to make good strategic choices on the end result of corporate social responsibility Rendtorff Cunningham, James and Brian Harney. Oxford: Oxford University Press, Halbert, Terry and Elaine Ingulli. Mason, OH : South-Western Cengage Learning, Rendtorff, Jacob Dahl. Responsibility, ethics, and legitimacy of corporations. Werther, William B and David Chandler.
Strategic corporate social responsibility : stakeholders in a global environment. Los Angeles : SAGE, We accept sample papers from students via the submission form. If this essay belongs to you and you no longer want us to display it, you can put a claim on it and we will remove it. Just fill out the removal request form with all necessary details, such as page location and some verification of you being a true owner. Please note that we cannot guarantee that unsubstantiated claims will be satisfied. Note: this sample is kindly provided by a student like you, use it only as a guidance. ID Subscribe to WowEssays Premium and get access to over 1 MILLION high-quality downloadable samples. GET ACCESS NOW. Password recovery email has been sent to email email. HIRE WRITER PREMIUM DATABASE Sign in.
HIRE WRITER PREMIUM DATABASE. Type of Paper. Essay Topics. Educational Tools. Who We Are Contact Us Our Writers Honor Code WowEssays Reviews Blog Our Services. How Should It Be Enforced Government, Industry Standards, No Enforcement At All, Etc. ORDER PAPER LIKE THIS. Premium samples database Get access to over 1 MILLION samples with WowEssays Premium! LEARN MORE. How do you think CSR translates to firm performance? Works cited Cunningham, James and Brian Harney, essay on it industry. Cash Flow. Milton Friedman. Cite this page Choose cite format: APA MLA Harvard Vancouver Chicago ASA IEEE AMA.
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The progress of a country is to a great extent measured by its industrial development. To be a strong power in the world, a country needs to be industrially advanced too. Although agriculture has its own importance and provides the basic necessities of life, it alone cannot take a country forward. Even to modernize and improve agriculture, industrialization is necessary. The modern equipment that is used by farmers is produced by industries. Industries in India contribute to more than half of the national income Items of daily use like toothpaste, soaps, processed foods, medicines, etc.
are manufactured by industries. The population of India is so large that we need many such industries to produce enough material so that things are available in plenty and at reasonable prices. Goods can be exported after they are manufactured in various industries. Quality is maintained by the manufacturers. So being an IT professionals we all has to feel a bit responsible to overcome all social issues in our IT industry and to become a part of over all development. Remember: This is just a sample from a fellow student. Starting from 3 hours delivery. Sorry, copying is not allowed on our website. We will occasionally send you account related emails. This essay is not unique.
Sorry, we could not paraphrase this essay. Our professional writers can rewrite it and get you a unique paper. Want us to write one just for you? We use cookies to personalyze your web-site experience. This essay has been submitted by a student. This is not an example of the work written by professional essay writers. Social Issues of The It Industry Subject: Information Science and Technology Category: Computer Science Topic: Information Systems , Internet Page 1 Words: Published: 14 Jun Downloads: 59 Download Print. Get help with writing. Pssst… we can write an original essay just for you. Your time is important. Get essay help. Related Essays Design and implementation of rural integrated secondary school portal system management Essay. Review on information systems Essay.
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