Friday, February 21, 2020
AN INVESTIGATION OF INTELLECTUAL CAPITAL DISCLOSURE IN ANNUAL REPORTS Research Proposal
AN INVESTIGATION OF INTELLECTUAL CAPITAL DISCLOSURE IN ANNUAL REPORTS OF Saudi ARABIA FIRMS - Research Proposal Example Facilitating transformation in the traditional structure of annual reports might prove costly, and therefore the more pragmatic approach is to encourage voluntary IC disclosure in a companyââ¬â¢s annual reports. Based on the structural framework and objectives of a company, disclosure depends on corporate governance decision. New approach adopted in presenting the annual reports to the readers should help stakeholders make proper value assessment through the companyââ¬â¢s intellectual capital (Li et al., 2008:137). In order to meet the goal of profit maximization through enhanced performance, intellectual resources of an organization play an indispensable role. The problem faced is the paucity of IC related information in the annual reports of the four Saudi Arabian banks that have been selected for this paper. Since IC is not legally mandatory for inclusion in annual reports, this component is also considered as ââ¬Å"unaccounted capitalâ⬠(Abeysekera & Guthrie, 2005: 151). This paper will focus on intellectual capital disclosure in annual reports of Saudi Arabia firms. The necessity of IC information is steadily gaining importance from profit seeking perspective. While details about financial data and physical factors of products are easily available in annual reports of companies, there is now growing demand for disclosure of IC information (Vandemaele et al., 2005: 417). The objective of this paper is to learn how several banks in Saudi Arabia disclose intellectual capital in their annual reports. Further, this paper will explore the contribution of IC theory in the success and development of an organization. For the purpose of address the research objectives, the research question of this paper is ââ¬Å"To what extent is intellectual capital is represented under different categories in the annual reports of Saudi Arabian banks?â⬠The purpose is to learn how human capital is displayed in four
Wednesday, February 5, 2020
Developing Sociological Imagination Essay Example | Topics and Well Written Essays - 2000 words
Developing Sociological Imagination - Essay Example They hide at the first sign of trouble, withdrawing into indifference and fear. "Faced with issues they do not understand, with structural forces that they cannot comprehend and over which they appear to have no power, ordinary people withdraw into apathy or anxiety," observed C. Wright Mills, the social scientist who in 1959 blazed the trail on developing a quality of mind that could help ordinary people dissociate themselves from the ostriches in dealing with danger and problems. A false sense of security is all the ostrich example can give us. By developing what came to be known as "sociological imagination," we would know what we are up against. This knowledge will then help us understand any problem that gets in our way to effectively cut it down to size and hopefully cease to elicit fear in us since it is no longer an unknown entity. When we don't feel any threat to the set of values we cherish, it is believed we experience well-being. In the presence of these threats, we experience a crisis. And when we are unaware of any cherished values and feel no threat, this becomes an experience of indifference, apathy if it concerns all our cherished values. However, when unaware of any cherished value but aware of a threat, this results in an experience of uneasiness and anxiety which, if total enough, becomes a deadly unspecified malaise. Sociological Sociological imagination, Mills explains, is the quality of mind urgently needed in our cultural period to cope with the anxiety, uneasiness and indifference that prevail in today's world. Uneasiness and indifference are considered the signal features of our age as a result of the dizzying changes happening in our midst. Governments that used to function as democracies, for example, suddenly fell into the control of despots. In states that were once political colonies, new and subtler forms of imperialism were installed. Societies once relatively peaceful became the object of random and senseless terrorist attacks. Such changes send people out of kilter, giving them the sense of being trapped. We get this sense of being trapped, sociologists believe, when we are not aware of the intricate connection between the pattern of our own lives and the course of history, and what this connection means for the kinds of people we are turning into and the kinds of history-making in which they mi ght take part. To let ourselves out of this trap, we must employ sociology ethically, through sociological imagination, to allow us some sense of control over events by showing how public issues are interconnected with our lives, our history, biographical experiences and social structure milieus. By understanding the larger historical scene in terms of its meaning for the inner life and the external career of a variety of individuals, we will be equipped with information necessary for developing reason that would "achieve lucid summations of what is going on in the world and what may be happening within ourselves." Sociological imagination will enable us to shift from one perspective to another - from the political to the psychological, from examination of a single family to comparative assessment of the world's national budgets, from the theological school to the military establishment, even from studies on the oil industry to that of contemporary poetry. With such
Tuesday, January 28, 2020
Factors Contributing to Cultural Identity
Factors Contributing to Cultural Identity Cultural identity is assumed to be multidimensional and multifaceted due to cultural diversity and globalization. The concept of cultural identity is relational and constantly evolving. However, it can also be ambiguous, fragmented, paradoxical, and problematic. In resolving these challenges, immigrants undergo self and cultural identity transformation in order to achieve understanding, harmony, and balance within themselves, their environment, and their connection with others . It is necessary to address the definition of culture before discussing cultural identity. Nieto states that culture consists of an ever-changing system of values, traditions, social and political relationships, and world views created and shared by a group of people bound together by a combination of factors that can include shared history, geographic location, language, social class, and/or religion, and how these are transformed by those who share them. In everyday social situations, we use culture to express and give meaning to our identity, which in turn is used to construct affiliations with and boundaries between other individuals and groups . Many historians provided different definitions of cultural identity; some important definitions are given here: According to Lustig and Koester, cultural identity is a sense of belonging to a particular culture or ethnic group. It is formed in a process that results from membership in a particular culture, and it involves learning about and accepting the traditions, heritage, language, religion, ancestry, aesthetics, thinking, patterns, and social structures of culture . Stuart Hall gave two different ways of thinking about cultural identity: the first in terms of one, shared culture, a sort of collective one true self, hiding inside the many other, more superficial or artificially imposed selves, which people with a shared history and ancestry hold in common. Cultural identity, in the second sense, is a matter of becoming as well as of being. It belongs to the future as much as to the past. It is not something which already exists, transcending place, time, history and culture. Cult ural identities come from somewhere, have histories. However, like everything which is historical, they undergo constant transformation. Far from being eternally fixed in some essential past, they are subject to the continuous play of history, culture and power . Culture and cultural identity in the study of intercultural relations have become umbrella terms that subsume racial and ethnic identity. This means both racial identity and ethnic identity lead to the development of the concept of cultural identity. However, these terms have different meanings. For example, race is a classification of the humans, usually by genetic similarities passed hereditarily. Ethnicity has a range of distinctive features, passed by socialization from one generation to another. There are never clear boundaries, cultural or geographic, that mark the limits of ethnic groups, but a group usually shares common culture, language, religion, and behaviors . In this paper, the term ethnic identity is more often synonymously used to refer to cultural identity. However, as I discussed in the previous chapter acculturation is different from ethnic identity. These two are related but separate constructs. Acculturation refers to how ethnic minority individuals adapt to the dominant culture and the changes in their beliefs, values, and behavior that result from contact with the new culture and its members. By contrast, ethnic identity involves an individuals self-identification as a group member, a sense of belonging to an ethnic group, attitudes toward ethnic group membership, and degree of ethnic group affiliation or involvement . For Asian Indians, family is the main element which influences the development of cultural identity. Mainly the parents transmit ethnic identity to their children using a process of enculturation or ethnic socialization. Parents directly and indirectly model and reinforce ethnic behaviors to their children about the traditions, beliefs, and values associated with their cultural background . Children are socialized to be obedient, and are expected to bring honor to their families by exhibiting good behavior, maintaining high academic achievement, and contributing to the well-being of the family. Furthermore, because Indian self-identity is defined by the family and is established by a surname that affiliates individuals to a religion, social class, language, and a state in India, second-generation immigrants face an added challenge of creating a sense of self based on conflicting cultural allegiances. Therefore, the process of adolescent self identification may involve a refusal to ac cept the choice of being either American or Asian Indian and an attempt to create a new self-definition by finding out how to be an Asian Indian on ones own terms rather than on the parents mode of acculturation or preferred ethnic identity . A second important difference between the parents and children is that the phenomenon of adolescence, as it is broadly conceptualized in Western society, rarely exists among traditional Asian Indian families. Although all Asian Indian cultural communities have rites of passage associated with the onset of biological puberty, there is no corresponding change in adolescents roles, status, responsibilities, or autonomy in decision-making . Thus, given the differences between the belief systems of Western and Indian societies and the fact that most immigrant parents expect their children to maintain the traditional values and lifestyles of Indian culture, misunderstanding, miscommunication, and conflict are likely to occur in Asian Indian families . The common pattern for first-generation Asian Indians is to affirm their ethnicity, generally by reinventing Asian Indian culture on foreign soil (Dasgupta, 1998, p. 965-966). Often, Asian Indian immigrants are more Indian than the people they left behind, and they may retain a sense of a culture that no longer exists on the Indian continent. Despite the influence of social class and generation on their cultural identity and world view, many maintain a traditional value system many years after immigration . However second-generation Indian Americans, who do not maintain the traditional value system of their parents, understand the influence of their new culture also affects their ethnic identity development. Uba noted that there are three aspects of Asian American ethnic identity that can be distinguished. These aspects are 1) consciousness of ethnicity, 2) adoption of an ethnic identity; and 3) application of that ethnic identity. Some Asian Americans will strongly identify with many aspects of Asian American ethnicity, but some will only acknowledge that they belong to an Asian American ethnic group. Furthermore, they may deny that they have anything in common with members of their ethnic group . Some may identify with their ethnic group to the extent of knowing the history of the ethnic group and still see the ethnic group as irrelevant today, and some others may identify socially with the ethnic group but have no knowledge of its history . Formation and Development of Cultural Identity The process of identity formation has received much attention in literature. Many models have been proposed to explain the process of identity formation in various ethnic and cultural minority groups. A common feature of these models is that identity formation of ethnic and cultural minorities in the United States occurs in the context of the dominant culture. Phinney maintained that the process of identity formation does not proceed in a linear direction. He proposed a bi-directional model based on an ethnic persons affiliation with his or her ethnic group and his or her acculturation in the mainstream White culture. This model allows an ethnic person four possibilities: a) a strong bicultural identity, b) a strong ethnic identity but a weak identification with mainstream culture, c) a weak ethnic identity but a strong identification with mainstream culture, and d) a weak identification with both cultures. Most educated South Asian immigrants probably fall in category a) with a relatively small number in b) and c), and only a few in category d) . Nieto states individuals growing up in a multicultural environment may develop multicultural and hybrid identities. That is, race, ethnicity, gender, social class, ability, national origin, religion, and other differences combine to influence who immigrants are and how they identify themselves. I mmigrants identify in multiple ways, based on such factors as family structure, race, sexual orientation, and national origin. In spite of these differences, they share a need to belong and to feel free to explore who they are. According to this, identities also change in response to the sociopolitical contexts in which people live. Further, Nieto states that identities have been shaped and continue to be influenced by the people with whom one interacts and the material and social conditions of ones lives . This is, in fact, what Lessinger found in her study, which indicates that people have developed what she calls a transnational identity . Another influence on identity formation that is important to consider is the identity that the dominant White society assigns to members of the visible racial and ethnic groups. The degree to which this affects individual members of a particular group varies from person to person. The whole question of ethnic identity becomes more complex. In the case of biracial children, the numbers seem to be increasing. Sodowsky et al. have identified certain cultural value variables for Asian Indian Americans to some extent. Counselors may find them useful in trying to understand the attitudes and values of South Asian clients . Cultural identity development could involve three stages according to Phinneys model: unexamined cultural identity, cultural identity search, and cultural identity achievement . Unexamined cultural identity is the phase in which immigrants are not aware of ethnic, cultural, or racial differences between themselves and others. (During an unexamined cultural identity stage, immigrants do not typically examine or question their cultural, ethnic, or racial identity). Instead they tend to take their cultural values, norms, beliefs, customs, and other characteristics for granted and are not aware of ethnic, cultural, or racial differences between themselves and others. They rarely show any interest in discovering their backgrounds. However, over time immigrants are confronted with cultural, ethnic, and racial conflict that creates difficulty and confusion in their lives. During this time, they begin their cultural identity search regarding self and others. The immigrants may experience a personal event, hear a comment made by a friend or neighbors or see a message through mass media such as television, the internet, a newspaper, a magazine, or a billboard that triggers a question about their ethnic, cultural or racial identity. They become aware of cultural, ethnic, and racial differences and begin to explore and discover aspects of identity. They may pursue social interaction with cultural and ethnic groups with which they identify, and they may participate in ethnic, cultural, social, and service organizations. In this continuous process, they also reflect and evaluate themselves, others, the world, and how they fit within the various groups. The individuals values, morals, ethics, and beliefs are being influ enced and shaped . In extending Phinneys second phase of cultural identity development, some immigrants experience an identity crisis during this stage. Immigrants struggling with an identity crisis often perceive themselves as belonging to a particular ethnic, cultural, and racial group, but their peers are communicating to them that they do not belong to their group because they do not have similar physical and behavioral characteristics. An immigrant as a minority in a dominant group who denies their ethnic, cultural, and racial identity is known to have an identity crisis. In addition, if the person is exposed to cultural events, activities, educational material, and friendships from the same cultural/ethnic group, this will help him or her to develop a healthy ethnic/cultural identity . When Asian American Indian immigrants suffer a crisis, they revert to their Asian heritage and reject all mainstream and other ethnic minority assumptions and values. Sue explained about this stage that, they may seek out and set up tentative alliances with other minority groups that have been similarly oppressed. Sue further noted that these alliances can be fragile and may disappear when Asian Indian Americans have conflicts with other minorities . The final phase is a cultural identity achievement, where individuals have developed a fairly solid grasp of their own cultural identity. They have reached a state of clarity, confidence, understanding, appreciation, and acceptance of that identity. If they are confronted with discrimination and stereotypical comments, these individuals are able to avoid internalizing the negative communications. This does not mean that negative comments by others are not hurtful to the individual, but that he or she does not question his or her cultural identity. The immigrant generation accepts cultural differences in this stage. There is no pre-encounter or conformity stage as postulated by the models of minority ethnic identity models. The acceptance of cultural differences is a reality of life for this group. In this stage, most Asian Americans are proud of their identity and do not consider it a hindrance. They have completely bought into the American dream that hard work will overcome all diff erences . All these stages of identity formation and development differ for the first, second or third-generation of Asian Indian Americans. The cultural identity development of Asian Indian Americans depends on different elements such as gender, age, class, spiritual, national, regional, and personal identities, which will be considered in more depth below. Elements of Cultural Identity There are various elements of cultural identities such as race, gender, age, class, spiritual, national, regional, and personal identities. Some of these elements are discussed with respective of Asian Indian Americans. Race Research on Asian Americans has assumed race as the most significant, or salient, aspect of identity. Racial identity refers to a sense of group or collective identity based on ones perception that he or she shares a common heritage with a particular racial group . Racial identity most often categorizes individuals based on skin color. Furthermore, people tend to focus on the most visible characteristics, usually regarding race and sex. South Asians are generally regarded as part of visible racial and ethnic minorities. However, Indian immigrants come in all skin colors, from fairest to darkest, and have different facial features. Indian college students, despite their relatively higher educational and occupational status, struggle with an idea of an exclusive racial identity . Gender Gender identity deals with the feminine, masculine aspect of identity. Gender may be a variable in cultural identify in those cultures in which men are more likely to get jobs in the mainstream culture while the women remain at home. There may also be different cultural expectations for men and women, such as the assumption that women are the carriers of ethnic traditions. The very little research that addresses this issue suggests a greater involvement in ethnicity by women than by men. Gender roles are clearly demarcated in Asian Indian American cultures. Obviously, the migrating generation would be most rigid in its definition of gender roles . According to Indian culture, men and women would be strictly bound by the demands of their ethnic culture and their host culture. For instance, men manage business outside the home, while women manage the home. This practice is more widespread in India; to a certain degree it reflects attitudes in the United States as well, though this cust om has slowly been losing its appeal. The role of men and women among Asian Indian Americans varies with generational and educational level, as well as with social class, and economic stability. Men experience a great deal of stress in regard to their role, especially in cross cultural contexts. As immigrants, their family expects them to display their authority in order to make clear to other cultural groups that they are in control of their family. Also, men make the final decision on major topics such as career and property matters, however, women participate in the decision making process, only through private conversations with their husbands. Accordingly, this separation of gender roles also creates a considerable social segregation between the two genders . This however does not mean that the men were able to make decisions without regard for the opinions of others. In actuality, the power and control in the family reside with the oldest person, regardless of gender, and even when the oldest person in the family is far away . Woollett et al. noted that among Asian Indian women, the social construction of gender and ethnicity is fluid and changing, based on the maternal status of the woman. They also state that ethnicity and ethnic identity are not homogenous categories, but operate across gender. The experience of marginality, and being on the outside of the host culture, creates stronger bonds within a family and less rigid gender identification and boundaries . Age Age is the dimension where interactants may identify themselves as young, middle-aged, and old based on actual age, appearance, and how they feel. Parents are to be honored and revered. It is assumed that the older a person gets, the more maturity and knowledge he or she has. Older people are respected for these attributes. Families go to elders to resolve familial conflicts. They also turn to older family members for advice and support when they are in a crisis or when relationships are disrupted in social or work relationships . Children of South Asian immigrants are socialized into two cultures, the culture of the family and the culture of the larger American society. Most parents try to inculcate ethnic pride and awareness of their cultural heritage in their children. For young school-age children, this sometimes poses a problem. They stand out because of their physical appearance and for that reason are often teased or rejected by other children. Most young children lack the inner resources to deal with such hostility and to base their self-esteem on their ethnic heritage. They want to be like everyone else so they can fit in with the crowd and shed any cultural trait that sets them apart.
Sunday, January 19, 2020
Surrealism in The Love Song of J. Alfred Prufrock :: Love Song J. Alfred Prufrock
Surrealism in The Love Song of J. Alfred Prufrock Surrealism is a dangerous word to use about the poet, playwright and critic T.S. Eliot, and certainly with his first major work, "The Love Song of J. Alfred Prufrock ". Eliot wrote the poem, after all, years before Andre Breton and his compatriots began defining and practicing "surrealism" proper. Andre Breton published his first "Manifesto of Surrealism" in 1924, seven years after Eliot's publication of "The Love Song of J. Alfred Prufrock". It was this manifesto which defined the movement in philosophical and psychological terms. Moreover, Eliot would later show indifference, incomprehension and at times hostility toward surrealism and its precursor Dada. Eliot's favourites among his French contemporaries weren't surrealists, but were rather the figures of St. John Perse and Paul Verlaine, among others. This does not mean Eliot had nothing in common with surrealist poetry, but the facts that both Eliot and the Surrealists owed much to Charles Baudelaire's can perhaps best explain any similarity "strangely evocative explorations of the symbolic suggestions of objects and images." Its unusual, sometimes startling juxtapositions often characterize surrealism, by which it tries to transcend logic and habitual thinking, to reveal deeper levels of meaning and of unconscious associations. Although scholars might not classify Eliot as a Surrealist, the surreal landscape, defined as "an attempt to express the workings of the subconscious mind by images without order, as in a dream " is exemplified in "The Love Song of J. Alfred Prufrock." "Prufrock presents a symbolic landscape where the meaning emerges from the mutual interaction of the images, and that meaning is enlarged by echoes, often heroic," of other writers. The juxtapositions mentioned earlier are evident even at the poem's opening, which begins on a rather sombre note, with a nightmarish passage from Dante's Inferno. The main character, Guido de Montefeltro, confesses his sins to Dante, assuming that "none has ever returned alive from this depth"; this "depth" being Hell. As the reader has never experienced death and the passage through the Underworld, he must rely on his own imagination (and/or subconscious) to place a proper reference onto this cryptic opening. Images of a landscape of fire and brimstone come to mind as do images of the two characters sharing a surprisingly casual
Saturday, January 11, 2020
Sedimentary Rocks
Plate tectonics are responsible for many of Earthââ¬â¢s natural occurrences. From volcanoes to earthquakes plate tectonics play are large role. Another natural occurrence that is not is discussed as much as volcanoes and earthquakes is the formation of sedimentary rock. Plate tectonics also plays a major role in the formation of this type of rock. Plate tectonics is a term that is used to describe how the different plates that make up the Earth move and the reactions that occur as they are moving. Before explaining how plate tectonics are related the concept of sediments must be understood. Sediments are pieces of solid material are deposited on Earthââ¬â¢s surface by way of wind, water, ice, gravity or chemical precipitation. This occurs through weather and erosion (McClearly, 2005). As convergent plates move towards each other, one plate is subducted under the other plate and as this is occurring the plates are moving accumulated sediment and rocks with them. Divergent boundaries also have an effect on sedimentary rock. In divergent movement the plates are moving away from each other and the young sedimentary rock is pushed to the open boundary (Ryan, 2008). Sedimentary rock actually originates from the disposition of the sediments after they are moved by the movement of plates. The climate controls how sediments are moved and how the rock weather. After weathering and erosion has occurred the sediments stop moving and settle. Where they settle is known as their disposition. The origination of sedimentary work is a combination of natural processes that result in the disposition of sediment. The way the sediment is actually formed is a process known as Lithification. Lithification is physical and chemical processes which loose sediment is transformed into sedimentary rock. Lithification begins with compaction. The weight of sediments on top of other sediments forces the sediment grains closer together, which results in physical changes. The next process that occurs is through a chemical process known as cementation. Cementation occurs when mineral growth, in combination with high temperatures, cement sediment grains together into solid rock (McClearly, 2008). After sedimentary rock is formed then it is organized on the Earthââ¬â¢s surface. The pattern of organization is known as bedding. Bedding is the layered arrangement of strata in a group of sediment or sedimentary rock. Over time strataââ¬â¢s that are adjacent to each other may look different because the mineral composition of the sediments in a specific location may changes or the way the sediments are transported or deposited may be different. The bedding surface, which is the boundary between adjacent strata, is the indication that rock was once sediment. Once sediments have been formed they are classified into three different categories. The first is clastic sedimentary rock. These rocks are formed from the sediment and debris from weathering and erosion. There are four different types of clastic, conglomerate (gravel), sandstone (sand),siltstone (silt), and mudstone (mud) or shale. These four categories are characterized by the size of their particles. The next category of sedimentary rock is chemical sedimentary rock. These rocks are formed by precipitation of minerals dissolved in lakes, rivers or sea water. This precipitation can occur is two ways. The first is plants and animals living in water can alter the chemical balance of the water which has an effect on the sediments. The second way is the evaporation of fresh water because of warm dry climates, which leads to increased salinity, the salts become solid because they are not dissolving. The last category of sedimentary rock is biogenic sedimentary rock. These rocks are formed from sediments that are primarily composed of plant and animal remains. This can include the hard shells of animals as well as the bones and teeth. From plants this can include fragments of plant matter such as roots, wood and leaves (Murck, Skinner, Mackenzie, 2008). Since there are three categories of sedimentary rock differentiating in the three is important. One way to tell the difference in the rock is the physical characteristics or physical location. Clastic rock is in the form of gravel, sand, slit or mud, which are all easily recognizable. Chemical sedimentary rock will be located in areas with water such as seas and lakes, since the chemical process which creates these rocks are done inside of water. Biogenic sedimentary rock is easily recognizable because these rocks will have pieces of animal or plant matter in them. Fossils can be carved out of these types of sedimentary rock (McClearly, 2005). Sedimentary rock is one type of rock that is located all over the world. From mountains to oceans sedimentary rocks can be found. With the combination of plate tectonics, weather and erosion sedimentary rocks are formed. Clastic, chemical and biogenic rocks are all very different but together they make up the category of sedimentary rocks.
Friday, January 3, 2020
The Secret to Humor is Surprise in The Weather of New...
Critical Analysis Essay ââ¬Å"The secret to humor is surprise-Aristotle.â⬠The two stories Im going to talk about ââ¬Å"The Weather of New Englandâ⬠by Mark Twain and ââ¬Å"The Dog That Bit Peopleâ⬠by James Thurber are both strange humorous essay with a twist. Both stories have a central conflict, in ââ¬Å"The Dog That Bit Peopleâ⬠a family is burden with a dog that bites everyone, including the narrator. ââ¬Å"The Weather of New Englandâ⬠talks about the weather of the new colonies and how spontaneous they were and the different forms they came in. Both humorous authors use style, tone, and perspective as a technique to tell their story and conflicts. Mark Twain uses style in ââ¬Å"The Weather of New Englandâ⬠, when he uses words like ââ¬Å"sumptuousâ⬠and ââ¬Å"Centennialâ⬠to describe whats going on in the story. The author refers to the weather as ââ¬Å"sumptuousâ⬠saying that there are splendid and lavish varieties of the weather of New England that cause a stranger to admire and regret or pity the weather. He also says that ââ¬Å"the brightest gems in the New England weather is the dazzling uncertainty.â⬠The authors uses words like ââ¬Å"dazzlingâ⬠to show his style. His style is sarcastic because he makes the uncertainty of not knowing what the weathers going to be as a good thing when really the unexpected weather is causing problems. The author of The Dog That Bit People James Thurber on one hand uses hyperboles like Mark Twain ,but on the
Thursday, December 26, 2019
Company X s Attitude Towards Being Socially Responsible
Company Xââ¬â¢s attitude towards being socially responsible is being clouded by its desire to maintain high profits. With its current actions, Company X is catering to a select group of its primary stakeholders such as the investors and shareholders. They seem to be forgetting that the customers, employees, and the community are also primary stakeholders. We will look into the scenario and dissect the companyââ¬â¢s actions to show how they are alienating the community that will ultimately determine their reputation and profitability. Taking years to comply with repeated requests for healthy and organic options demonstrates a dismissive attitude towards one of the key aspects of their company ââ¬Å"the customerâ⬠. Eventually, Company X complies with the customers repeated requests and provides healthier options. Unfortunately, the healthier products Company X provides are high margin products. Many of the high margin healthier products are unobtainable for most lower and middle class families. The limited amount of high priced healthy products may become a negative for Company X. It may appear to customers as ploy to increase the sales on processed foods which would be more profitable to the stores. Processed foods are easier to ship and have a longer shelf life that fresh and organic foods. The processed items are also cheaper to produce and can create higher revenue for Company X. Company X fails to realize that producing healthy and organic products could make them more sociallyShow MoreRelatedCorporate Social Responsibility Of The World Essay1545 Words à |à 7 Pagesorigin of Corporate Social Responsibility in businesses has no fixed date. Most experts, scholars, researchers, practitioners, writers, philanthropists, civil societies conscious citizens opined that it can be carried out in an ethical and socially responsible manner. 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The Companyââ¬â¢s Microenvironment As discussed earlier the companyââ¬â¢s microenvironment consists of six forces that affect its ability to serve its customers. Lets discuss these forces in detail: a. The Company The first force is the company itself and the role it plays
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