By the end of this unit you should understand: • The range of different businesses and their ownership. • How businesses are organised to achieve their purposes. • The impact of the economic environment on business. • How political, legal and social factors impact on a business. Scenario A bank wants to put together an information pack to help students understand the business world and have asked you to put certain parts of the pack together.
Includes price and production theory, competition, labor, the distribution of income, and the theory of household behavior. BU310 - Fundamentals of Management Offers a skill-based approach to planning and decision-making, organization theory, leadership and motivation to provide a concrete understanding of how these processes relate to business
Trustworthiness, Ethical Stewardship in Leadership Anthony R. Gilmartin Northcentral University MGT7019-2 February 10, 2013 Abstract In this article, a comparison and contrast of the approaches of the parties who influence business decisions as it relates to ethics, and to whom the decisions influence. Furthermore, the article will scrutinize the differing objectives of company leaders who influence business decisions. Along with assessing the events that a corporation may take to arrange ethical considerations relative to social or financial performance, and corporation’s status in the community and business industry. The article will review the degree of consideration business leaders should use with social, ethical, and public issues when dealing with internal and external stakeholders. Last, the article will evaluate ethics in an academic setting, principally concerning academic integrity and the code of conduct.
UNIT 1 P6- THE BUSINESS ENVIRONMENT Describe how political, legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders. Tesco and The Manchester College In all businesses there some factors that have impact on how the organization is run and this are political, legal and social factors. Political factors are factors that deal with the public in which are the decision taken by the politicians who have power to run the country and control people and their businesses. This includes government support, taxation, direct support, infrastructure, enhancing skills of the population, membership of international trading communities. Government support for different types of organisations The Private Sector: the government helps the private sector by providing grants to start up new enterprises, and competition commission restricts businesses from getting too big and abusing of their power and force out smaller rivals.
Type of information Example Description Purpose Source Verbal Written On-screen Multimedia Web-based ● Where possible cross reference your example to evidence of this in your appendices, for example, a screenshot of web-based information or a copy of a letter. Remember to refer to the Student Book and specification to help you give details on the types, purposes and sources. M1 • Analyse the types of information by explaining the range of sources that they come from and explaining how they meet their purpose. • Analyse how the different types of information work in relation to each other. D1 • Identify and explain two strategic decisions made by the business.
The ethics standards and values are the responsibility of the admissions board and college and do need to be followed. So the subject of ethical behavior and what is not has and will continue to be debated till the end of time. Athletic and academic achievements are special. Oh how splendid is it when both are achieved by the same student. Not every time is this the case, so many times we see monetary and material support provided to student athletes.
Purpose of my paper review B. Restatement of thesis X. References Abstract This literature review will discuss the topic of business ethics and how organization design and structure pertain to it. It begins with defining what business ethics is, leading into a thorough definition of ethical business. These two sections will examine principles both ethical and moral that can occur in business. How business is conducted by the individuals of organizations will be discussed as well. The next sections pertain to organizational design, structure and the importance of ethics.
We then identify the strategic problems that Citigroup as a company is facing, and the strategic problems the financial services industry as a whole is facing. Finally, as strategic management consultants, we propose solutions to address the problems that
Each instant of a university life has influence on you, and you should learn from that you do and don’t. You should study from any mistake you make. I will get to know how to be responsible and valuably for the society that surrounds me. Finally, an educated person is respected everywhere, and I also want to be respected so, if I am accepted, I will receive something useful from the education proposed by
Ethics Reflection Paper Name Strategic Planning & Implementation/581 Date Instructor’s Name Ethics Reflection Paper Ethics are the principles, values, and beliefs that provide a basic framework that businesses may choose to follow to set standards for what is right and wrong behavior in the workplace (Pearce & Robinson, 2011). Ethics is the means of deciding a course of action. According to Pearce and Robinson (2011), “ethical standards reflect not a universally accepted code, but rather the end product of a process of defining and clarifying the nature and content of human interaction.” Corporate social responsibility (CSR) embraces a company’s ethical policies to encourage employees to reach out to the community, including stakeholders with a positive impact to protect the company’s assets as well as promote a healthy secure work environment. Personal ethical standards help contribute to the decision and behavior of an organization to develop a strategic plan. The purpose of this paper is to explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and explain how my ethical perspective has evolved throughout the masters program at University of Phoenix.