Business Management for the IB Diploma Coursebook by Peter Stimpson, Alex Smith

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By Peter Stimpson, Alex Smith

A accomplished moment variation of industrial administration for the IB degree, revised for first educating in 2014. Designed for sophistication use and self reliant examine, this Coursebook is customized to the thematic requisites and review goals of the IB syllabus. It comprises studying targets and summaries; built-in thought of data fabric; textual content in transparent sections, following the IB syllabus constitution and content material requirements; transparent, obtainable English for college students whose first language isn't English; exam-style perform questions and a bankruptcy on evaluate and examination recommendations. Written via training company and administration lecturers, Peter Stimpson and Alex Smith, it positive aspects the subsequent subject matters: company organization and surroundings; Human source administration; Finance and debts; advertising; Operations administration.

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4] 2 Analyse two factors given in the article which could encourage a business to adopt ethical and socially responsible objectives and strategies. [8] 3 Discuss the likely cost and benefits for Shell of the company working towards being seen as ‘the leading multinational in economic, environmental and social responsibility’. [10] H 10 marks, 18 minutes 4 Assess whether businesses should change their strategies of corporate responsibility over time. [10] 2 Analyse the constraints on businesses that aim to protect the environment.

It is a clear statement of the future position that offers the ideal of what owners and directors want their business organisation to become. 1 compares the mission and vision statements of three organisations. Organisation Vision statement Nokia Our vision is a world where everyone is connected. Nokia exists to connect people with each other and the information that is important to them with easy-to-use and innovative products. Nokia aims to provide equipment, solutions and services for consumers, network operators and corporations.

Ethical businesses are more likely to be awarded government contracts. Well-qualified staff may be attracted to work for companies that have ethical and socially responsible policies. Corporate social responsibility To whom is business answerable? 5 ny’s standards on bribes and other improper payments, for example, made it difficult to compete in places where such unethical payments are a way of life. This example demonstrates the classic problem: should firms conform to the standards of the country they operate in or should they try to export their own high moral principles to other lands?

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