Describe how businesses can be profitable while being socially responsible? Discuss which companies come to your mind that do good for the society and the environment?
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Describe how businesses can be profitable while being socially responsible? Discuss which companies come to your mind that do good for the society and the environment?
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- Advantages of Social media and its effect on individual life as well as businessesIdentify and explain the major factors in the social environment that create an atmosphere in which business criticism takes place and prospers. Provide examples. How are the factors related to one another? Has the revolution of rising expectations run its course? Or is it still a reality among young people today?Describe the qualities of great business leaders. How they take the business to success with their capabilities and skills? Mention any business leader which inspires you and why?
- PURPOSE:The concept of creating shared value (CSV) was articulated by Michael Porter and Mark Kramer. They describe it as “Creating economic value in a way that also creates value for society by addressing its needs and challenges. Businesses must reconnect company success with social progress. Shared value is not social responsibility, philanthropy, or even sustainability, but a new way to achieve economic success.”34 This approach to business is especially relevant in today’s business world as the connection between businesses and their customers becomes stronger through social media attention and easy access to information on the internet. Many customers not only care about the product or service value but also want to know how the company operates and what it stands for. From the company’s perspective, it is also very important to understand that not all profit is equal. Porter and Kramer state, “Profits involving a social purpose represent a higher form of capitalism—one that will…Business Ethics and Corporate Social Responsibility: Do businesses have a responsibility to society or to their shareholders? Explain your answer. Do these responsibilities conflict or work together? How do social and profit responsibility relate to CSR?c. Why is an increase in value a reasonable business goal? Give your explain about a social-based start-up!
- how could MIN() and MAX()In excell benefit a small business? Create an example where knowing such value may help a manager make a smart business decision.The CEO and his top managers have asked themselves two important questions: a. do customers value what the company is providing; and b. can the company make money doing that? This group is developing a ________. A. business model B. BCG matrix C. competitive advantage D. strategyThey need to attract the customers by providing various benefits and advantages and taking steps to retain them in their business. I)How can this be solved in the financial system?
- Solve a business problem. Do you or someone that you know have a small business with a specific problem or opportunity that needs to be addressed? Expansion plans, entering a new market, establishing various policies, operations issues, training and so on? If so, you can address their problem or opportunity. Provide a solution that a small business has. And explain how to solve it.1- Explain how you can assess the support for corporate innovation; showing what questions can be asked in order to do the assessment process. 2- What are the rules for an innovative environment? 3- Explain briefly the "Entrepreneurship Theory". 4- Define the following terms: a-Cognition b-Social Cognition Theory c-Entrepreneurial Cognition d-Cognitive Adaptability e-Metacognitive ModelThe primary reasons people become entrepreneurs include all of the following EXCEPT the desire to: a create one's own schedule. b) ear more money. c) meet the challenge of owning a business. ( d) achieve an external locus of control.