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Explain the differing strategic approaches to companies seeking to respond to public responsibilities not fulfilled by governments,
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- How has the OECD principle of corporate governance influenced the development of corporate governanceReview the market mechanisms available for environmental policy. Which require themost far-reaching levels of state enforcement?Describe and discuss the business customs and practices that exist in the USA. The following questions are typically important in such a discussion - What role do ethics, corruption, and respect for the law play? How are environmental concems and human rights issues addressed? NON - plagarised
- The political and legal environment in Ghana is very stable and peaceful. Using yourchosen organisation, why do you think it is essential for Ghanaian businesses to be aware of thetrends in the political-legal environment.What is the role of Federal Government?Explain briefly how civil societies (CSOs) or non-governmental organisations (NGOs) and CSR are related.
- Briefly outline the alternative approaches for corporations to undertake that would encourage more ethically responsible business practice, especially during the current challenging economic environment.Please respond to all parts of the question below, each with its own section: A. Identify and compare the four reasons why governments turn to regulation as a way to solve their problems. B. Government regulations come in different forms. Discuss the major types of government regulations of business. C. Why does international regulation occur? Discuss the conditions that affect the regulation of business in a global context.Mangement Social responsibilities encompass the ethical and moral obligations that individuals, organizations, and communities have towards the well-being of society and the environment. This concept recognizes that businesses and individuals are not just responsible for their financial success but also for contributing positively to the broader community. Social responsibilities can include actions like giving back to the community through philanthropy, promoting environmentally sustainable practices, and treating employees and customers with fairness and respect. By fulfilling these responsibilities, entities can help create a more equitable and sustainable society. Question: How can businesses strike a balance between their profit-making goals and their social responsibilities to ensure they make a positive impact on society and the environment?