Non Price Competition Tools Used by Banglalink

Because corporations are established to profit and shareholders invest money with expectations of a greater return, managers cannot be given a directive to be “socially responsible” without providing specific criteria of checks and balances to which needs to adhere. Therefore, it is imperative to the success of a corporation for managers to not act solely but rather to act within the policies of the shareholders.

or so many years our society has been thinking of forming new creative and innovative businesses, which would be more environmental and customer friendly. Nowadays a large number of different companies follow the social, ethical, as well as moral consequences when it comes to their decision making. One of the relatively new concepts involving economic and social concerns is Corporate Social Responsibility. Many of us apply this approach not only at work, but also in everyday life without even recognizing.

In spite of all advantages mention earlier about ethically and socially responsible business practice, it also has disadvantages, limitation and challenges. The most common and obvious limitation would be the cost that comes together with every investment a business does in order to meet all publicity’s requirements, for instance setting up Ronald McDonald House Charities. Every business has a goal which is at the top of their goal list and it is to be profitable. What is more, it is challenging to maintain the publicity’s and stakeholders’ satisfaction when investing into the society, employees and the environment.

Many believe that business entities should have an ethical duty to be socially responsible, to work towards increasing its positive effects on society while decreasing its negative effects. Many organizations look for opportunities to be socially responsible while also creating shareholder wealth.

When an organization partakes in “proactive behavior…for the benefit of society,” it is deemed as socially responsible (P. 155). However, prior to labeling a organization as socially responsible, it is important that we first identify what specific elements of proactive behavior constitute a socially responsible business. To begin, for an organization to be considered socially responsible on the highest level, it must take a proactive approach to doing business. This is defined as “[taking a] approach to social responsibility in which an organization goes beyond industry norms to solve and prevent problems” (P.155). In addition, it is standard for a socially responsible organization to incorporate a larger scope of stakeholders, to include external stakeholders, in their business decisions to create positive externalities, and mitigate negative ones, to benefit society as a whole.

Business organizations today are socially and ethically responsible for doing the right thing, exercising good judgment in their business activities with employees, stakeholders, customers and the community. Business organizations emphasis should not only be on profits, but also on how business decisions impact society.

The expectation that businesses behave responsibly and positively contribute to society all while pursuing their economic goals is one that holds firm through all generations. Stakeholders, both market and nonmarket, expect businesses to be socially responsible. Many companies have responded to this by including this growing expectation as part of their overall business operations. There are companies in existence today whose sole purpose is to socially benefit society alongside businesses who simply combine social benefits with their economic goals as their company mission. These changes in societal expectations and thus company purpose we’ve seen in the business community over time often blurs the line of what it means to be socially

The conspiracy to kill Amber along with the killing of triple murder of customs officer and his family was now bare face, but the real predator was still a mystery as the total sum for the windup of the employment was conducted in a very notorious way through hawala transactions

In 1995 mobile phone has introduced to Bangladeshi people. The first mobile service provider company was Citycell.

In 1999, Celtel purchased a mobile license in Guinea for $750,000, which was not a small sum for this young company. But Celtel still needed to sort out some issues such as interconnection agreement and import duties. In 2001, these issues had not been solved yet. Guinean officials would never answer or the meetings would never end. Eventually, someday, Celtel’s CEO, Sir Alan Rudge, who was trying to negotiate, received a fax with names and an amount next to each name ($50,000). This was the price Celtel had to pay to accelerate the negotiations. As they saw the situation was inextricable and as there was no way Celtel would ever bribe anyone, Celtel left Guinea.

Corporate social responsibility has been one the key business buzz words of the 21st century. Consumers' discontent with the corporation has forced it to try and rectify its negative image by associating its name with good deeds. Social responsibility has become one of the corporation's most pressing issues, each company striving to outdo the next with its philanthropic image. People feel that the corporation has done great harm to both the environment and to society and that with all of its wealth and power, it should be leading the fight to save the Earth, to combat poverty and illness and etc. "Corporations are now expected to deliver the good, not just the goods; to pursue

At the time of it's privatisation in 1984 BT's estimated initial value was £3,196bn. As it stands BT is one of the world's leading providers of fixed and mobile communications services. With a market capitalisation in excess of £50 billion, it is one of the largest private sector companies in Europe. It's principal activity is the supply of local, long distance and international telecommunications services and equipment in the UK, serving 27 million exchange lines, and with the acquisition of Cellnet, supports more than six million connections. In the 1997-98 financial year BT's turnover was £15,640m with a pre-tax profit of £3,219m. Currently BT is expanding its presence overseas rapidly and has operations in more than 30 countries worldwide, with joint ventures in another 15 countries.

One of the main objectives of any business organization includes making profits and enhancing the economic growth (Davis, 2012). Most businesses aim at discharging their economic and legal responsibilities. It is because for a business to continue as going concern, the business have to obey the law and be profitable. However, being ethically and philanthropically responsible can also affect the businesses apart from economic and legal factors.

This research is compiled to explain how good ethical practices and good values in business can yield sustainability within the business and the society as a whole and in order to do this the concept of ethical business practice and values have to be understood.

One of the major advantage for any industry in Bangladesh is lower cost of land in urban areas. This helps all the major telecommunication firms in our country to set up offices inside the main city.