Role Of Business In Society Essays

Also, the student discussed the functions and role of law in the Los Angeles County Probation Department.In The Legal Environment of Business: A Managerial Approach, law is a system of order that defines crimes and levies punishment for violations (Melvin, 2011).Functions and Role of Law Defined in Los Angeles County Probation Department In business and society law provides rules and regulations that must be followed as a means of protection for the business world and society as a whole.In this essay the student will define the functions and role of law in business and in society in reference to the case brief Cipollone v. Liggett Group, Inc., et al.Law allows for reliability in business planning and commercial transactions (Melvin, 2011...

The role law plays in society is to guarantee the rights of those who are weaker either physically or socially in any given social structure.The Legal Environment of Business.Role and Function of Law in Business .Role and Function of Law in Society .To begin with, the role of law in business governs certain aspects over business operations.

While we have put to paper the functions of law, they have different roles for business and society.Role of Law in Business .While the complexity of business laws in the US are daunting, at best, but the effort to create an equitable business community has established laws that lets a small business or a multi-million dollar corporation do transactions in a common level.Functions of Law in Business and Society .From entrepreneurs to generations old businesses we view the laws of business in the US as the assurance a business needs to be able to succeed.

Advertising has positive impacts, but a sleep of the regulators, that include the government bodies, to the leaders in societies to parents with children, can have dire effects to the making of a society.The role of advertising to business according to American Advertising Federation is great as it takes nearly half of the expenses incurred by businesses in each financial year (American Advertising Federation, 1980).As much criticisms are brought out because of the extent to which businesses take their advertisements so as to capture the audiences, the regulations for these businesses have to be on toes, looking at each advertisement moreover on its influence in society.Companies are just businesses, all with aim of just increasing profi...

The government plays significant role to support the business women to achieve their goals and success in their business.The UAE business women have established council that protect their rights in business and help other women who want to start new business project.For example, if any woman wants to start new business, she should have trade license which is a contract for rental of business location.Al Ghasimi said” women’s role in business has clearly grown, today, we see many local women at the executive level.Fatima Al Jaber is a role model to other UAE business women and her achievements are a good lesson for any emeriti women who want to start her own business.

Whether in Business or Society, the functions and role of law, serves the same purpose, to peacefully resolve disputes, maintain control over a situation, as well as to protect.In order to be successful in society or a business the Law plays a significant role in regulating behavior whether in school, home or work.One way to make sure the Laws are enforced, and the business is in compliance is for Management to go thru training not only to learn the law which are known as policy and procedures and to teach the law but also to be able to handle certain situations that could possibly create a lawsuit such as sexual harassment issues, inappropriate language, misuse of the company’s equipment and/or confidential information .Business Journ...

This paper explores business ethics in the contemporary business environment.Roper, JE 2005, ‘How is “business ethics” possible?’, in Moses L. Pava, Patrick Primeaux (Ed.)According to Ali (2010), corporations play a critical role in the sustenance of the society.One feature of the capitalist mode of business is promotion of competition for resources and the control of the economy by a few individuals who have the power to control the systems of production in the society.They play a vital role in providing people with products and services.

Laws play a large role in how businesses function.However, it is businesses owners like this one who create the need for certain laws and business regulations.It recognizes the importance of law in day-to-day individual and business life”(12).Role of Law in Business.Law plays an important role in how societies and businesses function.

Next, the example on business country that involved in Uncertainty Avoidance (UAI) is Brazil.It is same to goes to the internatinal business countries that in low UAI index; the reverse case is correct, job security is not under stressed, decision making are quickly , low risk taking are encouraged.leaders should also take a different approach with his business work styles because these countries have very different cultural aspects of them.In this case, it is important to live with the direction of business leaders, to no reliance on subordinates in taking the initiative unless given thorough instruction.The society that having a high IDV index showed about they had emphasizes the role play by individual, then a low IDV index is about t...

Concerning the role of managers, it must be stated that it has a direct link in answering the main question in study here, “If we accept the traditional description of the manager’s role, business ethics is an oxymoron because there is a conflict between the pursuit of self-interest and consideration of others.Another aspect of ethics in business is the role of management; as long as the main objective set for managers is to make profit and to maximise that profit without any indication to what concerns the methods which should be implemented in order to accomplish that objective, that ethical issue will always be problematic.But the most important point to comprehend here is that the examples of wrong doers in the business realm do not ...

Afghanistan’s business environment is not welcoming for non-educated or educated Afghan women.Lack of social support and discrimination is very visible against Afghan women in the Afghanistan’s business environment.This is Money “ Women doing business in Afghanistan” .Years of war, lack of security and traditional believes have decreased Afghan women’s role in the Afghan Society substantially.The role of women in Afghanistan is very trivial and it is visible specifically in the business environment.

In accordance with the principle of human rights, public libraries play significant role in ensuring that materials and resources are available to meet the needs and interests of all segments of the community including national minorities.Media also could have a significant role in pointing out the importance of public libraries in Kuwait.Public libraries play an important role in providing free access to information, which is a necessary condition for good governance.There is a significant shift in the role of libraries; from recreational reading and educational institutions to active economic development agents.” .A survey reveals that, show, found, assume, According to Lyman (1977), Weibel (1992) looked at the role of the library in p...

The absent father means there is no male guidance and role model to give advice about what to expect in life and what to do in situations.The culture of a society determines what is important from what is not and thus culture influences what role mass media plays in our socialization.Therefore, the culture of a society, the family structure and the economy are reasons why mass media is a primary socialization agent as opposed to the family.However as time change, secondary socialization agents are taking a more dominant role.The family structure, especially single parent homes are impacted by mass media largely since the children are seeking advice about what society deems important.

The classical view relating to the role of CSR was first based on philanthropic perspective after which the shift was directed to the way corporations relate with the community (Talaei and Nejati 2009).Through illustrations, he identifies the positive contributions of the government to businesses- creation of an environment that enables CSR adoption, raise awareness and stimulation of both public and private sectors through participating in debates, promotion of CSR initiatives through endorsements or invitations of businesses and support to the entire society, formalizing and recognizing other CSR initiatives, funding research works by professions alongside facilitating of networks in CSR perspectives, engaging both private and public p...

Ethics play a major role in determination of good from bad, morality from immorality and justice from injustices.The social construction of business implies that it is impossible to disengage business entities from society, since they are interrelated.According r to Velasquez, M. (2006), mentors play a significant role in ensuring that organizational culture is maintained across generations.Business Ethics: Concepts and Cases (6th ed.).Human beings form a major component in the business, and every entity is part of business.

Personal gains of business and corporations are given little attention but sometimes, their influence on society is enormous.As David Wolfe specified, diversity plays a great role in the economy.One of the key aspects of any business is to be able to interest the government, public or society in the products or services that are being offered to people and organizations.The author mentions very many social factors in relation to business and governments, and makes obvious the role that each has in the economy.“City-regions” play an important role, as they determine the borders where people can find jobs, further the development of businesses and find residence.

These social movements thus help in changing the social values of the society which are detrimental for the society and hence transforming the society and making it a best society to live in where there is equality and all norms and laws which are good for the society and its individuals.In the nutshell , it can be concluded that political parties , interest groups and social movements all these have significant role to be played in political arena.Business groups have the same motive one is to increase the profit and other is to lessen the government requirements to proceed in the business.conclusion Considering the importance of political participation in political arena, it can be concluded that role of political parties , interest gr...

Current discussions about CSR evoke old questions about the place of corporations in society, the manner in which corporations are governed, and the ways in which corporate governance arrangements do not compel corporations to respond to claims from society, in addition to claims from shareholders.In the 1950s, the chief executive officer of the American retailer Sears said that the “four parties to any business in the order of their importance” were “customers, employees, community and stockholders”.Many Indian business houses, private sector and public sector companies have undertaken major initiatives till date and have adopted several modes of practice related to CSR in India.These trends suggest that there is both a growing percepti...

To analyze the problems faced by many Indian women entrepreneurs to attain a sustainable position in the business world in India and how they are suppressed by the male society.The role of women in the business world has come into foreplay after the Tenth plan (2002-2007) of the government which planned on empowering the Indian women as the agents of socio-economic change and development.Also, the daughter-in-laws role is confined to manage the children’s upbringing and other house related work.Women have a productive role in the development of the Indian economy.They are considered to be subordinate to men and their role is confined to house hold chores.

The exploitation in the business world is as old as business world itself... CSR aims both to improve the contribution of the business in society and maximize the benefits out of the business activity.Key stakeholders in a business organization include creditors, customers, directors, employees, government (and its agencies), owners (shareholders), suppliers, unions and the community from which the business draw its resources (www.businessdictionary.com).According to many intellectual the basic thing which prompts any organization to play its responsible role in society is legislation in that particular area... To talk about the role of the general public, they have also a very important role to play.

Businesses also seek legal advice from business laws to protect themselves from any potential liabilities from goods and services.However, laws play a much vital role in our economy as well.Like in business, law also acts as quality control for our society.Law plays an important role in business.Law is created or put in place to protect one’s rights in society and business setting.

This study offers an opportunity to critically analyse how industry in Zimbabwe can exploit the strategic role of Human Resources Management in promoting Corporate Social Responsibility initiatives in order to give their business organizations competitive advantage.1.InTRODUCTION This study will critically analyse how industry in Zimbabwe is exploiting the strategic role of Human Resources Management in promoting Corporate Social Responsibility initiatives in order to give their business organizations competitive advantage.(4) What strategies can be adopted by business organisations in Zimbabwe to exploit the strategic role of HRM in promoting CSR initiatives in industry?Collectively these objectives are pursued to address the purpose ...

As a matter of fact, Milton Friedman’s goal of the firm does not apply to our understanding of the role of business in society.As a matter of fact, governments have a role to play in expanding the Friedman discussion.In this popular statement, Milton Friedman had expressed his controversial stand that the only purpose behind business activities is to bring profit to shareholders (Carroll & Shabana, 2010).The truth of the matter, however, is that businesses have a large responsibility of taking care of employees, customers, and the society at large.Myriad discussions were constantly raised as people in the business world continued to express their criticism on the matter, with majority of them arguing that there is more in business than j...

Carroll, (1979, p. 500) believes, “the social responsibility of business include the economic, legitimate, moral and discretionary expectations that business organisations are expected to do at a particular point in time by the society”.Two arguments in favour of CSR include ‘business has the resources’ and ‘let business try’.Carroll argues that business has a economic responsibility in nature and that “before anything else, the business institution is the basic economic unit in our society.Just as society expects business to make a profit for its efficiency and effectiveness, society expects business to obey the law.Society expects business to fulfill its economic activities within the framework of legal requirements set forth by the so...

Hofstede operated based on the concept that comparisons among cultures can play a significant role in the making the right decisions based on the acquired information about other cultures; this is deemed helpful when it comes to making negotiations and even designing business strategies should companies decide to enter a foreign market.Section Four Opening an American Business in Greece Based on the scores in Hofstede’s cultural framework, the USA’s national culture distance from Greece is at 3.Greek Business Culture Studies on the Greek business culture has had references to Hofstede’s cultural framework.Masculinity/femininity In order to understand these four dimensions, it is important to look at how Hofstede views culture and how thi...

Dyck, B et al., 2011, ‘Addressing Concerns Raised by Critics of Business Schools by Teaching Multiple Approaches to Management’, Business and Society Review, Volume 116, Issue 1, pp.Porter, M & Kramer, M R 2006 ‘Strategy & Society: The Link Between Competitive Advantage and Corporate Social Responsibility’, Harvard business review, Volume 84, Issue 12, p. 78, viewed at 17 April 2012, retrieved from Business Source Premier database.What role do business schools play in this?Strategy & Society: The Link Between Competitive Advantage and Corporate Social Responsibility (Porter, M & Kramer, M R 2006) This article was published in the Harvard Business Review in 2006.They all agree that business schools have a major impact on s...

According to friedman (1970), ‘the only responsibility of business towards society is the maximisation of profits to the shareholders within the legal framework and the ethical custom of the country’.Multinational Corporations (MNCs) therefore has a major role to play through CSR initiatives, focusing on the development of a developing economy such as Nigeria.The inflow of foreign direct investment (FDI) has the ability to play an important role in the contributions to the development of local economy of a developing country.Other studies have made discrepancy between CSR as simple legal compliance and CSR as carrying out business operations with high regards to morality (Juholin, 2004).Such role includes capacity building, employment op...

NGO’s have become an important stakeholder in business activities, government decisions by playing an important role in pointing out the shortcomings of government and Multi national corporations.The number of NGOs in India has increased over years and they play an important role in the society.Therefore from the above example of P&G we can conclude that a collaboration between a company and NGO can have a significant impact on the business and society.Therefore NGO’s have a significant impact on business, government and society.So this paper aims at answering the research question “In India are the NGO’s able to play a significant role in CSR activities of a company and inturn help in the transformation of the society “ and “ Is the...

Ethics are very important and not just in business, ethics are also important in all aspects of life.Applied ethics deal with the ethical questions that comes from the Imelda of technical, business ethics, legal ethics, and medical.In 1960 the social responsibility movement increased the public consciousness for the role of business that help ethical practices maintain highly and cultivate society and also natural environments.Journal of Business EthicsThe business range and quantity reflects ethical issues to a degree in which business became aware of the odds against non-economic social values.

The Legal Environment of Business.Law creates duties, obligations and rights that reflect accepted views of society.Law is practiced many times a day by businesses and society.Role of law in a business and society are the same however can impact businesses differently.Laws are being established to better the business transactions and improve society’s quality of life.