Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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- Propose and discuss, in sufficient details, at least 4 practical strategies how you, as an individual, could reduce water pollution and by doing so become a ‘corporate citizen’.
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- A Good Corporate Citizen includes 1. The responsibilities can take various forms like: 2. Conservation of resources 3. Maintaining ecological balance 4. Increasing job opportunities 5.Donating a part of their income to educate the society 6. Promoting the overall welfare of society Can you explain it with examples?arrow_forwarddiscuss the role CSR plays in business and its effects, if properly applied, on any two areas of the POLC, within business operations. Provide supporting examples.arrow_forwardYou have been hired by your dream company as an Ethics and Compliance Officer. Your job is to ensure compliance with ethical business practices, company policies, and local legal/regulatory requirements. The company provided you with this list of situations that could cause problems in the future if not resolved in the next few months: Employees have been taking office supplies (paper, pens, and ink) home with them when leaving work. A supervisor had been seen outside of work having drinks with an employee that works for them. William has worked for the company for 11 years. Recently he was passed over for a promotion. Co-workers have commented that William has been making negative comments on various social media sites about the company. Bob, a senior buyer with the company, has been participating in a rewards program from one of your main suppliers. Bob has been receiving gifts, under the rewards program, for his personal use based on the amount of merchandise he is buying from the…arrow_forward
- If a company were to combine the roles of chairman and CEO, what concerns would the organization have in relatito effective corporate governance?arrow_forwardWrite about a time you had to solve a problem at work. Provide actions and resources on how you collect information, evaluate your solutions options, and what corrective actions did you implement.arrow_forwardWhat was a critical environmental challenge that IKEA faced within its cotton supply chain, as discussed in the Chapter 17 case study "IKEA's Sustainable Cotton Supply Chain"? A. A large amount of soot was produced throughout the chain. B. Child labor was used extensively across the entire supply chain, and the industry. C. A single pair of jeans used 3,000 gallons of water, depleting surface and groundwater supplies. D. Women earned about 25 percent less than men, with many having poverty-level incomes.arrow_forward
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