Friday, February 21, 2020

Corporate Environmental and Social Management Essay

Corporate Environmental and Social Management - Essay Example Over time such problems gave rise to the growing consciousness of environmental protection and preservation. Business firms, governments and general public in the world started to seek for activities that are sustainable towards the environment. However, it was noted that the private and public authorities in the developed nations like U.S., U.K. and Japan were much more aware about the worth and importance of environmental protection that the individuals of the underdeveloped or developing nations like China, Pakistan and India. The level of literacy in the developed economies on average is more than 90%, on contrast to this figure approximately 40% of the individuals in the developing economies, are literate (Tantawi, 2009). Literate individuals in the developed countries understand the requirement of protecting the ecological balance in the globe in a much better manner compared to the illiterate individuals of the developing nations. The government authorities in the developing nations allocate maximum finance and awareness in activities directing towards economic growth. They are less concerned about the environment elated matters in contrast to the government authorities in developed nations. Like in all the Five Year Plans introduced by the government of India, very less importance is provided to matters relating to protection and preservation of environment (Vezzoli and Manzini, 2008). The population strength in the developed nations is lower compared to the developing countries. Excessive population pressure in the developing nations like China and India often degrades the quality of environment. This is because higher population generates large amount of water, air, thermal and noise pollution across these nations. On the other hand, the countries like Scotland, Switzerland and Finland are nations with low population

Wednesday, February 5, 2020

Family Business and Business Management Essay Example | Topics and Well Written Essays - 1500 words

Family Business and Business Management - Essay Example Many of the world’s leading publicly listed corporations are operating under the category of family business. For instance, corporate giants like Walmart, Samsung Group, Tata Group, and Foxconn are some of the well-known family businesses in the globe.   From the viewpoint of the family business consultant Schneider, there are eight major elements including purpose, structure, organizational culture and relationships rewards to shareholders, potential mechanisms in the organization, leadership, strategic and operational performance outcomes, and financial performance outcomes influencing the development of a healthy family business (para 4). The purpose is the factor determining the existence and long term sustainability of a family business. The major reason for the failure of many family businesses is that there exists ambiguity and lack of agreement on the vision, priorities, and goals of the business. Hence, a healthy family business will be characterized by clearly stated business goals and priorities. In addition, it is commonly seen that many family business ventures do not survive beyond the generation of the founders due to lack of foresightedness. In contrast to this, a strong family business will have a well-defined family philosophy that facilitates the continuation of the business beyond generations and sets a framework for the future operations of the company. According to Schneider, â€Å"structure is the architecture of grouping people in the family business† (para 5). The author continues that the structure of the family business has to necessarily fit the purpose and the current environment of the business.