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Explain the relationship between business and society
Ethical behaviour in marketing
Ethical behaviour in marketing
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« The main goal of business is to develop new and innovative goods and services that generate economic growth while delivering benefits to society »
I must admit that, 2 years earlier, this statement of Dr. David Ahstrom, business school professor (in his book "Innovation and Growth: How Business Contributes to Society"), would not have shaken me much; neither would I have felt concerned by the fervent call for change beneath the remark. As a marketing student, I used to share Milton Friedman’s opinion about a company’s purpose. That is, if a company pursues other missions than generating the maximum profit possible, it will fail to satisfy all its stakeholders, and eventually fail to contribute to society’s enhancement.
During a “political economy” class in 2010, Mr. Kuate gave an assignment, in which we were asked to determine the optimum staff of a company in a particularly difficult economic situation. On the basis of the quantitative data we were given, my classmates and I embarked on what we did best; performing sophisticated calculations, involving empirical formulas and demonstrating through graphs. Despite our strong confidence in our results, the lecturer refuted every answer we provided. He observed that we did not think of fully considering a significant variable: The Human Being, in all its complexity of needs, aspirations and feelings. Mr Kuate eventually stated that economics had no reason to be, if not to serve Man’s wellbeing, its evolution and daily hopes. Before that event, most of us didn’t realize how every addition, subtraction or division that we performed, while building our strategies were important decisions we were making on actual people’s lives. To me, it was a wake-up call.
Indeed, considering the...
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...n learning high level programming languages for 2 years now. On a short-term perspective, after this master’s degree at the Bocconi University, I intend to work for a software company (ideally as a product manager), in order to acquire some experience on the field. Also, a Ph.D in Economics is a considered project, as I’ve always been attracted by research and by the prospect of contributing to the reflection upon innovation and economics.
Finally, I’d like to express my strong determination to derive the most from this program, by putting my dynamism, my and my in contribution,to develop strong analytical and practical skills. I believe that, rigorous, hard working and open-minded as I am, strengthened by the cutting-edge teaching from the Bocconi University, I will become an inspiring manager, devoted to promote innovative ideas and generate benefits to society.
The first chapter in this book explains a business’ mission and values. When discussing the mission, Welch states that in order to create an effective mission statement, one must explain how they intend to win in that particular business. The key is profitability, “Delineate their strengths and weaknesses in order to assess when they can profitably play in the competitive landscape,” (Welch, 15). This means to define the business’ strong and weak points to evaluate where they can efficiently and profitably fit within that specific business sector’s scheme. In order to come up with the mission, one can receive input from any source, but one should especially listen to the intelligent ones from all of the different sectors. Although, it is the responsibility of the top management or whoever is held responsible for it, to put it in place, it is their “defining moment,” (Welch, 17). The mission is what a business plans to do to win and values are ...
Huws, U. (2010). "Towards a greater understanding of the changing role of business in society", paper presented at Towards a greater understanding of the changing role of business in society. Brussels, April 22. Luxembourg: Publications Office of the European Union, p. 9, 20, 27, 29.
My perseverance has prepared me for a career in medicine. The path towards becoming a physician can be long and challenging, necessitating the ability to endure. My ability to bounce back from setbacks and mistakes has solidified throughout my journey. One of the cornerstone experiences of my personal development occurred during high school. My determination led to me my graduating as valedictorian of my class, while balancing three varsity sports and several extracurricular activities. In addition, I worked on weekends to help support my family financially. This persistence resulted in scholarship awards that made higher education a possibility.
The Florida Comprehensive Achievement Test (FCAT) is the statewide test that measures the academic achievement of public school students towards meeting the Sunshine State Standards benchmarks. The quarterly Reading and Mathematics Benchmark Assessment exams gauge student achievement on individual strands based on these Sunshine State Standards, which school districts require schools to administer to students within the appropriate content area. Teachers and administrators pour over the information at the conclusion of the exam and the data mining gets underway. The data is analyzed and scrutinized and teachers present their interpretation of the data to the administration to determine what modifications need to take place within their classrooms. The teachers, principal and school district utilize the data obtained from the Benchmark Assessments to determine the level of student achievement within the classroom and create a strategy that will target those benchmarks in which student performance was low. The vital issue with the data driven classroom is the effectiveness of the teachers and administrators at interpreting the data from these high stakes tests and constructing a successful plan that guides instruction based on the needs of the classroom, which continuously change.
The choices we make early in life have an enormous impact on our future. I have always known that I wanted to directly impact people’s lives. My personal experiences have had a large impact on my motivation to accomplish all my dreams. In the future, I would love to influence another generation of students to soar for their dreams.
For some students a report card is an accurate reflection of their abilities, aspirations, and future work habits. Many friends of mine have flawless, or near flawless, report cards. Straight A's and weighted GPA's well over 4.0 grace their every progress report, and I am certain they will continue this streak of academic excellence well into the future. For others, C's, D's and fail's are a normal occurrence, and much like the straight A students, I have no doubt that they will continue down this path. But for some students, like myself, a report card is not an accurate picture of academic ability. I am not afraid to admit - to friends, family, or schools I intend to apply to - that my grades aren't good. I haven't had a GPA anywhere near 4.0 in at least 3 years, and at times this fact makes me proud. While I usually earn B's or C's in my classes, there are a few bright spots on my academic record. I am in the 98th percentile of the SAT test, and in the 99th on the ACT. I achieved a 5 on the AP Computer Science test, and despite a C in my AP Physics class, I managed a 4 on the final exam. On top of that, in my two years on El Camino Real High School's Academic Decathlon team I have been the highest scoring C Student in all of the Los Angeles Unified School District twice in a row, placed third in the state of California, and look forward to a promising season this year.
Signora Ferro lay heavily on the gurney which threatened to succumb to her enormous body. The air
Every now and then when I recall my childhood memories, it is always been my parents took me to the hospital in the middle of the night or tried to find the right doctor for my allergies. Others could just take some medication and rest for few days for common cold, but my story is totally different. A common cold could cause me allergies, asthma and fever when I was young. It is the reason why I spent most of my time seeing the doctor and stayed at hospital. At the age of 10, my parents decided to have me switched to oriental medicine and acupuncture. Although I hated the taste of the Chinese medicine and was really afraid of the needle, those methods really helped my body. I was able to act like normal child after few years of acupuncture and oriental medicine treatment. It is why I always wrote about how I want to become a good doctor whenever I had to write essays in middle school.
Becoming a successful clinical physician who can be a great help to people’s life and healthhas been my great ambition that I have been pursuing since I was a high school student.
One would imagine that if we were all placed on this earth together, we would all help each other, but that isn’t always the case. As human beings, we should help one another, but from a business standpoint we must have the business’s best interest first. We cannot put all the blame onto the business’s that contribute to our society, when they aren’t always the one’s to blame, maybe we are.
1a) The purpose of any organization is best described from a customer’s point of view. Without a satisfied customer base a company will not survive. The purpose of company is to provide a product or service, this product or service provides a direct benefit or capability to the customer in which you are interacting with. The purpose explains why the company is in existence, it also should explain what business or sector the company is servicing and what business or sector that the company is not involved in. For example, Apple provides products and services in the technology sector. They manufacture products and have various services within their brand that they market. By having a direct purpose a customer should be able to verify that Apple
I took up Computer Science and Engineering as my discipline in Bhoj Reddy Engineering College for Women affiliated to Jawaharlal Nehru Technological University, one of the premier institutes in India. My undergraduate education has been a great learning and enriching process for me. It exposed me to all the core areas of Computer Science like operating systems, database management systems, networks and network security, data structures, algorithms and software engineering. These courses have given me a good foundation in the core concepts. My interest lies in Database Management, Programming Languages, Theory of Computation, and Software Engineering. I am fully acquainted with the fast growing subjects like Object Oriented Programming, Analysis and Design. On the other hand, the intensive laboratory classes exposed me to a fascinating world of experimentation. It was here that I discovered the qualities of perseverance and diligence in myself. I feel that these courses have done a lot to prepare me for my future studies and research work.
My undergraduate preparation at the Computer Science of my University has given me a very substantial knowledge of the basic areas of Computer Science. Any amount of learning in Computer Science would be incomplete without hands on experience of Programming. In a world where...
The debate is divided in two camps. The supporters of the first idea claim that by doing good business, the economy as a whole benefits without the need to donate or contribute in distinct ways to the community. The second idea is that businesses should behave in such a way to create an environment where everyone should use its power to help out the community.
Relentless betterment has always been the motive of my life. The foremost requirement to attain this is knowledge and profound guidance. After the completion of my course under the guidance of your privileged university I am confident enough that I will take the path of constant growth.