While corporate social responsibility (“CSR”) has been a topic of discussion for larger businesses for a long time, relatively little attention was paid to CSR and small businesses. However, as governments have come to realize the importance of small businesses—often referred to as small- and...
PRODUCT CARE AND CUSTOMER RESPONSIBILITY [/vc_column_text][vc_empty_space][vc_column_text] Product development includes not only the creation and launch of new products but also modification or updates to existing products and initiatives to introduce changes to the overall development program including quality improvements, reduction of time to market, enhanced collaboration with...
A number of definitions of organizational culture have been offered; however, if managers and employees are consulted they may simply respond that culture is “how we do things around here”. There is obviously truth to such a statement but it would be a mistake to...
When formal interest in the study of leadership first began in the 19th and early 20th centuries, the so-called “great man” theory, which assumed that certain individual characteristics or traits could be found in leaders but not in non-leaders and that those characteristics could not...
Definitions and Types Entrepreneurship Few topics in the business area have attracted more attention among academics and journalists than “entrepreneurship”. From an economic perspective, “entrepreneurship” is generally conceptualized as the creation of a new business and the bearing of the risk associated with that business in...
Corporate social responsibility, or “CSR”, in the United States has its roots in the sustainability movement that began in the early 1960s, when environmentalists first raised concerns about the use of chemical pesticides by the general public and large corporations. By the end of that...
Corporate governance is the system and structures of rules, practices and processes by which a company is directed and controlled, the goals and objectives of the company are established and the performance of the company is tracked. Traditionally, corporate governance has focused on the owners of the corporation...
Sustainability is about the long-term wellbeing of society, an issue that encompasses a wide range of aspirational targets including the sustainable development goals (“SDGs”) of the 2030 Agenda for Sustainable Development adopted by world leaders that went into effect on January 1, 2016.[1] Among other things,...
Recognized international human rights have traditionally been framed as creating duties and obligations for states under treaties and other instruments and elements of international human rights law. The main concern of human rights activists has generally been “vertical protection”, which refers to ensuring that individuals...
A wide range of definitions and conceptualizations of “management” have been offered and it is often difficult for managers to fully and clearly understand their roles within the organization; however, managers striving for effectiveness and success would do well to invest time and effort into...