Introduction One of the significant reasons why a corporation is put in place is largely to attain profits. If a corporation is not profitable then there is no reason for its existence. Corporations go far and beyond to make sure that this profit-making motive is satisfied. In most cases to attain as much profits as possible means that the corporations need to ignore some of their responsibilities. The impact they have on the society, environment and culture has raised concerns over the years.…
Sir Jack Cohen built a private company into international household retailer by aggressively expanding the brand. But at what risk, to create net external value. The dominance of supply and ability to deploy resources. Jack Cohen started selling groceries from a stall in the East End of London in 1919 effectively to opening his first Tesco grocery store ten years later. After the medal war, Tesco Stores entered the stock exchange market making it one of the largest supermarket chain stores…
CHAIN OF COMMAND YEAR 1 YEAR 2 The CEO of Meraki company is Mr. Edward Joseph Pangilinan Pamintuan. Basically, the company is consisting of 4 different departments namely the Marketing, Operation, Finance, and HR. These four department have different heads consisting it. The head in Marketing department is Joshua Miguel Reyes Riego De Dios, while in Operation Department is headed by Ms. Shaina Beatriz Eugenio Yacob and Edward Joseph Pangilinan Pamintuan. Lastly the HR and Finance department…
Corporate reputation According to the principal component analysis, the characteristics of LCG's corporate reputation can be grouped in two components (see table 22). The first component, called ‘external corporate reputation’, corresponds to general characteristics of external reputation as: trust, admiration, overall reputation, well management, good place to work, good employees, and high standards treating people. The second component, ‘social corporate reputation’, is related to the…
SMEs (Small & Medium Size Enterprises) do not have a specific definition. They are defined in different ways according to individuals or organizations. In a general prospective; an SME is a small or medium business, company or organization that is usually established by one individual or two as partners. A business with small/medium scale revenue, small/medium facility and a small number of employees can be considered an SME (Baenol, 1994). SMEs are considered one of the essential economical…
2.4 CORPORATE SUSTAINABILITY THEORIES Rezaee (2017:69-73) discusses several theories including shareholder, stakeholder, resource-based view of the firm, institutional, legitimacy, and stewardship relevant to corporate sustainability. These theories can collectively explain the interrelated dimensions of sustainability performance and their integrated link to corporate culture, business model, and managerial strategies, processes, and practices and their implications for international…
6. Damco’s strategy As per Hanne Sorensen, Global CEO, having sustainability as an integrated part of our business builds value for Damco, as well as for our customers, our employees and our communities (Damco, 2013). Damco believes that the ability to deliver operational excellence and effectively manage its own business as well as the logistics solutions agreed with its customers, requires that internal and external requirements and business rules are clearly documented and communicated,…
Sustainability in personal computing Introduction Sustainable development is the development that emphasizes to meet the basic needs and satisfy the aspirations for a better life of both present and future generations [1]. This developmental pattern is regarded as a long-term goal which would be achieved only if the consumption meets the criterion of sustainability. In the modern world, the consumption of technology, especially, the personal computing have played a staple role of personal…
According to Hendrickse & Hefer-Hendrickse (2012:198-200) there are five different classes of directors that are to be found on a Board of Directors, namely; 1. Director These are individuals that take on the role and position of a director of a company or an alternate director. These positions or roles can include such as a managing director, manager or even the secretary of the company (Hendrickse & Hefer-Hendrickse 2012:198). 2. Shadow director This director acts as a shadow. The actions…
CSR which is known as corporate social responsibility is a conviction that the welfare of the different partners influenced by those exercises ought to be contemplated. The part that CSR plays in the connection between an organization and its host nation includes international social responsibility. International social responsibility is simply the desire that MNC's worry with the social and financial impacts of their choice in regards to exercises in different nations (Deresky, P. 41). The…