Explain the concept of creative destruction. Do you agree or disagree that this is how capitalism moves forward? Use an example (not Netflix) and include the particular of the theory (when and who.)
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Explain the concept of creative destruction. Do you agree or disagree that this is how capitalism moves forward? Use an example (not Netflix) and include the particular of the theory (when and who.)
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- Nobel laureate economist Milton Friedman said that companies should focus on maximizing profits, not social responsibilities or purposes. Do you agree with this view? State two (2) reasons, why or why not?Choose two organizations operating in the same sector. Write a report on the comparison of CSR activities of two companies. The template is provided as follows. 1-Describe the profile of two companies selected and CSR activity carried out by each company? 2-The Positive Impact of CSR on the Society ? 3-Your opinion -Any three CSR Activities that you suggest to the Organizations and their Significance?What is the relevance of studying this subject (BUSINESS ENTERPRISE SUBJECT) considering we are in the midst of pandemic?
- Is Walmart a conscious marketer or is it a practitioner of CSR?What are the Benefits of Social Responsibility????The link between poor health and social factors is well known. TheCovid pandemic has brought a renewed focus to social determinants.Write an essay with the title:‘Discuss the view that the Covid pandemic has widened healthdisparities in the UK.’Your essay should include:• An explanation of the term ‘inequality of opportunity’.• A discussion of the social determinants of health and how theyaffect inequalities in health and well-being• An explanation of the impact of the pandemic and cost of livingcrisis on people’s behaviour and how it can affect their healthand well-being, you could look at; isolation, waiting lists, changein working patterns, redundancy/furlough, ethnic minoritygroups.• A discussion of the widening inequalities between populationgroups in society
- More and more companies have adopted CSR initiatives. While some companies have founded their mission and strategy based on their CSR and ethics, we also know that some have been pressured to get on board the CSR bandwagon. Be sure to watch the Weekly Overview video. For example, if you look at the history of Wal-Mart over the years, it really was quite recently that they adopted a more CSR stance. What are your thoughts regarding a company that takes on CSR initiatives that is not really part of their overall mission? Is it valid and necessary in today's consumer environment? Or is it just a marketing ploy?Name four responsibilities of a firm outlined in Archie Carroll’s “Pyramid of CSR” model. Illustrate your definitions of each level with corporate examples.In your opinion, do companies engage in CSR activities for profit? If yes, is this ethical or not? Explain your answer.
- Which model The Market Capitalism Model, The Dominance Model, The Countervailing Forces Model, or the Stakeholder Model do you think best describes the relationship between business, governemnt and society and why?Based on the reporting in the article, "CSR Reaches a Tipping Point," the events of 2020, including the COVID-19 pandemic and the killing of George Floyd which highlighted social inequities, are seen as accelerating transformational changes in business in all of the following ways except: More than ever, businesses can gain a compettive advantage by touting their commitment to social causes Big businesses have recognized the need to support smaller, local enterprises Companies are increasingly joining forces to loby for social change more companies are giving employees a larger voice in determining their company's priorities(Guideline: Write about any other three suitable CSR activities which can be conducted by the companies you selected. Also write, what will be the benefit of your proposed CSR to the companies and public)
