What a company can gain by pursuing financial objectives

Assignment Help HR Management

Reference no: EM133306166

Assignment: After you read this article. The focus is on the strategic choices companies may make in order to pursue financial success and competitive advantage in ways that also yield societal benefits. You will read an article to "inspire" you in completing this assignment. The authors argue that the joint pursuit of financial success and social impact "...has become an imperative for corporations, for two reasons. The legitimacy of business has been sharply called into question, with companies seen as prospering at the expense of the broader community. At the same time, many of the world's problems, from income inequality to climate change, are so far-reaching that solutions require the expertise and scalable business models of the private sector."

Reflect on the above and discuss the pros and cons of addressing societal needs and problems through a company's strategy.
Discuss what a company can gain by pursuing financial/competitiveness objectives and social objectives together, the capabilities it must have in order to do so, and the difficulties it may face in balancing often conflicting stakeholder interests and setting priorities.
I would like you to comment on the importance of getting a company's employees involved in these efforts.

Reference no: EM133306166

Questions Cloud

Write a brief overview of the disorder this person had : PSY 230 Saint Peter's University Write a brief biography of the person. Write a brief overview of the disorder this person had

What was the company decision on the ethical dilemma : What was the company's decision on the ethical dilemma? From which perspective (level of inquiry) did the company use to make its decision?

Discuss your understanding and definition of ableism : What does it mean to live in 'the empire of the normal' for those who have a disability and want to play sports and Discuss your understanding and definition

Would you characterize rule as fitting lopezs description : Would you characterize this rule as fitting Lopez's description of emotional labor or organized emotional care? Justify your choice with an example or details

What a company can gain by pursuing financial objectives : Discuss what a company can gain by pursuing financial/competitiveness objectives and social objectives together, the capabilities it must have in order

Drawing from heines presentation : PSY 3055 SUNY Empire State College Drawing from Heine's presentation in chapter 4 on considerations for conducting cross-cultural research, evaluate this study

What is your persuasive speech topic : What is your persuasive speech topic? What side are you going to be arguing? (for example: for animal testing or against animal testing

How it can be used to help a child learn to make their bed : PSY A01 University of Toronto, Scarborough Name and define each one. For each schedule, give an example of how it can be used to help a child learn to make

Design your own study to investigate the effect of priming : Design your own study to investigate the effect of priming temperate on real world behaviour. Clearly describe the methodology of this study and explain

User Account

All Pages