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Tuesday, January 11, 2011
Education Policy Blog: Faculty at WSU College of Education Weigh in on WA Governor's Proposal
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Education Policy Blog: Faculty at WSU College of Education Weigh in on WA Governor's Proposal
http://www.tasksworkers.com
Sunday, January 2, 2011
Thursday, December 30, 2010
Monday, December 6, 2010
Social Responsibility of Business
Business firms, at all times, have expected to operate within the law and within prevailing norms of society. However, during the past few decades, social responsibility of business became an extremely broad and deep subject. Particularly, the western industrialized society has become increasingly concerned that greater affluence has not been accompanied by equal progress in solving important social problems. Thus the notion of the responsibilities of business took a distinctive ruin in the late sixties. The demand on business accelerated sharply and has continued at a high level. Over the years, the nature of these demands and the nature of business response to the make changed in important qualitative way. Society includes those people and factors, which have a stake in the business functioning and are affected by it. The vital area of corporate social responsibility focuses on an organization’s debt to society. There are three important area of responsibility of business which are directly related to the interest of the wider society are (a) community- they need employment, community services and infrastructure development. (b) environment- cleaning up the existing environment, designing and using the processes to prevent or reduce pollution and protecting the environment. (c) Weaker section of the society- education and training to disadvantage groups, female employment and equal opportunities.
Political environment
The political climate in a country in which a business firms operate is a very important factor. A hospitable and stable government can encourage business investment and growth n spite of scarcity of natural and other resources. The business firms also have to cope with a large number of other tensions like ideological conflicts, terrorism, traditional hostilities, government interventions, labour activism, and so on. The management of a business firm, therefore, should undertake political risk analysis prior to investing in a new project or in expansion of its existing business. For a systematic study of the political system, a business firm should, first of all, analyze the constitution, major political parties, form or structure of government, the mechanisms designed to guide a transition of power from one leader to the next, key power blocks, and the extent of popular support. In addition, a firm should also analyze how politicians finance their campaigns- what standards of honesty and /or conflict of interest apply. Political situation in Nepal is being very poor day by day. Due to unstable political systems and their policies, business organization are facing many problem and those who can manage such changes exists in the market and those who cannot are already root out from the market. These all external environment plays vital role in smooth running of the business. So every business firm should analyzed them properly and such factor are uncontrollable and business organization them self should formulate such strategy which easily cope with such uncontrollable factors.
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