Strategies for responsible business Assignment Example | Topics and Well Written Essays - 3750 words

Strategies for responsible business - Assignment Example For instance, employees may hold sarcastic approach towards the fact that their organization is externally engaged in social work while management is not doing the needful to improve their working conditions. Therefore, the exact definition of CSR can be explained by the overall approach of an organization. A firm that engages in sharing information with its employees regarding probable downsizing, and then helps the displaced employees with new job opportunities is essentially involved in CSR. Likewise, another firm that emphasizes on customer interest by providing them safe, reliable and innovative products is also engaged in a strategic CSR (Waldman et al., 1). The concept of CSR emerged in the aftermath of World War II, and it gained actual foothold in the business world from 1960 onwards (Carroll & Shabana, 85). CSR essentially means that a company performs its certain activities for a larger purpose of social, economic and environmental benefits over its economic and legal goals. Traditionally a business is known for its profit making strategies and its product or service innovations. In this modern age, CRS activities add brand value to an organization. In fact, many organizations promote their CSR activities so as to gain the confidence of more number of people across the globe. The essence of CSR lies in thinking above profit maximization objectives, and striving towards the goal of performing in a viable social and environmental setup. In truth, a company does not legally have any social responsibilities that are not integral part of its business objectives. The need is to put in best efforts to minimize adverse impact on society an d environment; nevertheless the trick lies in balancing such efforts with the core financial objectives. This paper has attempted to critically discuss the following statement: â€Å"Companies engage in CSR because, for a number of reasons, they think it will be good for their profit

Hypothesis testing Essay Example | Topics and Well Written Essays - 250 words

Hypothesis testing - Essay Example There is a procedure followed in hypothesis testing. The first step involves the stating of both the null and alternate hypothesis. The hypothesis is stated in a manner that they are mutually exclusive. The second stage is the determination of the level of significance (Lehmann, 2004). The higher the level of significance, the higher the precision attained. The sample size is then determined to allow for the collection of data. The size of data will determine the type of test conducted. After the collection of data, one moves to the stage of data analysis. In this stage, the value of test statistics is calculated e.g. z-value or the t-value (2012). The analysis of the calculated value is made by use of the statistical tables. The table is used to determine if the calculated score falls within the acceptance or rejection region (Lehmann, 2004). The final stage is then made depending on the location of the score. If the calculated value falls in the rejection region, the null hypothesis is rejected implying that there is significant variation in the observation made. Two kinds of error can be made in hypothesis testing: type one and type two errors. Type one error is that which leads to the rejection of null hypothesis which is true whereas type two error is the error of accepting a false null hypothesis. In conclusion, the stages in hypothesis testing if well followed makes the hypothesis testing easy to comprehend and make statistical decisions. Hypothesis testing is therefore essential in analyzing data to determine its validity and truthfulness hence important in making statistical

AMERICAN HISTORY SINCE 1865 TO 1900 Essay Example | Topics and Well Written Essays - 1000 words

AMERICAN HISTORY SINCE 1865 TO 1900 - Essay Example ples of this differential in overall levels of freedom exists with regards to the period in time following the conclusion of the Civil War and the turn of the 20th century. As a function of this unique reality and the differentials and freedom that were existing for whites and blacks during this unique period in American history, the following analysis will seek to analyze these differentials so that the reader may gain a more informed and realistic interpretation of how they impacted upon such people and the far-reaching historical ramifications that these differentials had and continue to have. Firstly and most obviously, African-Americans were able to experience freedom from slavery as a direct result of collusion of the Civil War. Although this statement seems the very matter of fact, the overall an underlying importance that it holds should not be misunderstood. Prior to 1865, at least in areas that were controlled by the Confederacy, the practice of slavery had reduced nearly all legal and democratic rights of African-Americans and place them on a level that was comparable to property. As can reasonably be expected, the overall humanitarian, democratic, legal, and egalitarian effects that this had were profound. Yet, once freedom was one and the process of slavery was abolished, it cannot be stated that African-Americans within the deep South, or anywhere else in the country for that matter, suddenly realized drastic improvement in the overall quality of life or level of freedom that they could immediately express. As a result of the horrors of the Civil War, large sections of the South were laid waste. Cities were burned, infrastructure was destroyed, working aged men and business owners were dead, and resources that could be directed to capital investment were otherwise lost. As such, even though freedom existed for these African-Americans, at least in terms of no longer being slaves, the level and extent to which they could express this freedom and seek

Gender Communication Essay Example | Topics and Well Written Essays - 1250 words

Gender Communication - Essay Example However, the major difference that plays a role in determining the manner which men and women communicate is their sexes. In the recent years, linguistics have begun studying the differences in the communication styles, between a man and a woman. The main reason for carrying out these studies is for purposes of identifying the differences in the communication styles that exists between a man and a woman. This in turn would help both men and women to adapt with each other, and hence form a meaningful relationship (Berger, 2006). The differences in these communication affects men and women in a variety of ways, and this includes in any social set up, and examples include in a religious set up, at work, in sports, and even in academics. Therefore, having an understanding on the manner of managing these differences is important in developing a relationship between a man and woman. This paper examines the various differences that exist in the manner which both men and women communicate. The roles that women and men play, is reflected in the manner which they are able to interact with each other, and the methods that they use for purposes of interaction. One of the most important elements that exist in the communication methods of women is to establish and maintain relationship with other people. This is one of the most dominant methods of defining the feminine use of the process of interaction. Berger (2006) explains that women normally use language, for purposes of developing connection, maintaining a sense of closeness, understanding each other, and providing support to each other. These are some of the essential elements that are needed for any relationship to be formed. Berger (2006) further explains that women normally value creating equality through achieving of asymmetry. In their communication, women are also known for expressing their emotions, and using language that can help in

Technology have been made a big impact in your life research paper

Technology have been made a big impact in your life - Research Paper Example The current state of technology has significant effects on the relationship between my school and I. Technologies for transport and communication have ensured availability of learning resources in the school library. Aided communication that helps the school to identify necessary academic resources for its students and efficient transport and communication system has facilitated this and developed a high level of utility among students. I therefore feel attached to the school because it cares for my learning needs. Technology has also empowered the school to avail electronic academic resources through online libraries and databases to increase utility. Developed communication systems for the school’s customer relations, through the internet and mobile phones has also strengthened my relationship with the school because of instant assistance from the school’s personnel (Ying and Neo, n.d.). The school’s reliance on technology has however undermined physical connec tivity. Every problem can be resolved over technology and this has limited my information on the school’s structure and procedures. Use of technology has also strained my relationship with the school because of system failures. I have as a result failed, many times, to submit my assignments in time and lecturers do not accept system failure as an excuse (The University of Iowa, n.d.). Technology has also had mixed effects on my relationships with my friends. The social media has played an important role and offered such advantages as increased level of flexibility in communication and accessibility of friends. The media offers different modes of communication such as texts, and shared links and contents of communication can be modified. Lower involved costs in technology-based communication also improve frequency and duration of interactions with my friends and bond our relationships.

Answer the question Assignment Example | Topics and Well Written Essays - 1000 words

Answer the question - Assignment Example However, this is a partial fact. Developed countries like UK and USA did not rely heavily on these economic policies and institutions when they were in their developing phase. And they have changed history, re-wrote it according to their own wishes so that they can misguide the developing world and keep putting obstacles in their way to development. Great Britain and USA are the two strongest economies of the world today. They developed their economies by following aggressive protection policies and not by following a free market and liberal approach. In the past, Great Britain has relied on heavy activist policies that were all aimed at promoting its industries. Later Korea and Japan followed the same strategy to develop their industries. But Great Britain, who was at that time, a promoter of free trade policies to less developed countries of that time like Germany and USA was actually using the ‘kicking the ladder’ approach to reach to the top. The protectionist policies used by Great Britain were criticized by the French economists. American economists gave birth to the concept of infant industry. And during the time period spanning the civil war and the second world war, America was the most protected economy of all times. It is also believed that the reason behind the American civil war was actually tariffs rather than slavery. America actually went against the theories and advises proposed by great economists like Adam Smith and Jean Baptiste who laid great emphasis on agriculture. However Americans were smarter. They knew that Britain had achieved a high economic standard by using protectionist policies and if America had to prosper, it had to follow the same procedure that Britain used. The US President Ulysses then stated that after 200 years when USA will start entering into free trade and its products would be made available to the whole world. The examples of

Floating a private company Assignment Essay Example | Topics and Well Written Essays - 1000 words

Floating a private company Assignment - Essay Example The pros and cons of this action involve alternative invest market, which holds the association of a high power that allows companies to have an opinion in tailoring of rules especially to those that have less accountancy history. However, there could be a possibility of lack of competence that is based on high substantive uncertainty especially with regard to incomplete information. London stock exchange gives an opportunity for the market to be open –ended. Nevertheless, it is argued that forth coming profit can be misused by the stalk holders. Floating any company provides a public price for its shares and an institutional market for trading especially its shares thereby granting ease with which a security can be traded on the market (Neale and Pike 2009). The principal factor considered when floating a company is to raise capital. Putting Tenpin in the market through floating means that the public is in a position to buy and have shares with the company (Arnett 2011). There are several practices and procedures that are required by Tenpin in order to gain authorization to float. This has emerged from the board of directors; the Ball family decisions based on the fact that they had been denied by their bankers. Due to this, the company has opted for a place in the main market of the London Stock Exchange. First and foremost, is that floating in UK dictates that a company must get authorization from the UK Securities Commission in order to make a public order (Becket 2012). In essence, the company must be able to abide by the legal and regulatory standards that have been set for public limited companies which involve a minimum share capital of  £50,000 where by a quarter of the money must be paid before commencing of the stock exchange (Neale and Pike 2009). The company’s yearly financial reports must abide with those in the London Stock Exchange. Moreover, the company must comply with the rules and regulations of