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Social responsibility for a business aligns into four key areas. First, economic - meaning maximizing stakeholder value; second - legal, abiding by all the laws and regulations; third - ethical, following standards of acceptable behavior; and fourth - philanthropic, giving back to society.
For the discussion board this week what part do you think corporate governance, that is top management and the board of directors, should play in building and maintaining these four areas of social responsibility, and how should they go about it?
Secondly, which of the four should be the top priority when it seems like a business cannot accomplish all of these objectives? Why do you take the position that you are taking?
Automobiles arrive at the drive-through window at the downtown Baton Rouge, Louisiana, post office at the rate of 4 every 10 min. The Average service time is 2 min. The Poisson distribution is appropriate for the arrival rate and service times are ex..
Illustrate what are some of primary goals of legislation. Name at least two ways this law revised bankruptcy proceedings. Do you think these changes are for better. Explain why or explain why not.
The IOM and the Leap Frog Group are concerned with the number of medical errors that exist in healthcare. Working to reduce this number is part of the healthcare administrator and professionals’ social responsibility. Generate at least two ideas for ..
How do social search, semantic search, and mobile search differ from searching for information on the Web using conventional search engines? Describe how the Internet works, and explain how it provides business value?
Consider the following inventory management scenario: Our bottling plant uses approximately 1000 plastic bottlesper day (normally distributed), while daily usage has a standard deviation of 70. Order lead time is 2 days (constant). What is the averag..
Admission to the prestigious school had become so competitive that a high GPA is no longer enough to separate one fresh-faced high school student from another. Today's outstanding candidate must also demonstrate their involvement in a myriad of extra..
Employee incentive plans are widely used in organizations to align employee behavior toward the corporate strategy. Some experts argue that employee incentive programs are not effective and may even be detrimental in some instances. Evaluate the effe..
Why is emotional intelligence so important in logical business tasks? What are the four domains of emotional intelligence? Describe three related communication competencies for each domain. Include in-text citation and references.
How could organizations, both private and public, improve and streamline the hiring process so that: 1) quality people are hired and 2) the hiring cycle time is reduced? Might these improvements positively facilitate strategic planning? Why or why no..
Describe the differences between centralized database architecture and distributed database architecture. What are the advantages/disadvantages of each model?
Build an alternative courses of action that a business office supervisor can utilize to hold employees acountable for work performance and productivity. Generate some ideas that will help the manager identify issues and maximize productivity.
How would you advise the company to proceed with implementing its entry into Africa? What options does Wal-Mart have on the table, and what option should be chosen?
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