Management concept

CIA-3
CONTENTS:
CSR,
FACTORS OF BUSINESS,
SWOT ANALYSIS,
7S MODEL.

CORPORATE SOCIAL RESPOSIBITY

AND ETHICS IN MANAGEMENT.

CORPORATE SOCIAL RESPOSIBITY

Corporate social responsibility:
It deals with the idea that business has social
obligations above and beyond profit making. It is also called
as the corporate conscience, corporate citizenship, responsible
business. Today's global organization has four areas of
responsibility such as economic, legal, ethical, philanthropic.
Which ultimately means make a profit (economic), obey the
law(legal), be ethical in the practices(ethical), be a good
corporate citizen(philanthropic).

CORPORATE SOCIAL RESPOSIBITY

The following photo shows the Carroll's global corporate social
responsibility pyramid

CORPORATE SOCIAL RESPOSIBITY

social responsibility strategies:
Reaction:
denying responsibility and resisting change to
maintain the status quo. Example: tobacco
Defense:
this uses legal maneuvering and/or a public
relations campaign to avoid assuming additional responsibility
example: auto industry deciding to fight Californias decision
to cut down the green house gas emission which would lead
the industry to cut carbondieoxide emission by about 30% in
2009

CORPORATE SOCIAL RESPOSIBITY

Accommodation:
assuming additional responsibilities in response to
pressure. Example:
super store agreed to purchase more recycled
papers that made many to buy the papers and the store are in
the pressure to buy from the recycled paper.
Proaction:
taking the initiative with new programs that serves as a
model for the industry. Example: sports wear maker
Patagonia.

CORPORATE SOCIAL RESPOSIBITY

Benefits for the organization:
swaying public opinion against government
intervention
attracting socially conscious investor
advertisement effect
increase the man power
promotes brand differentiation
reduce government intervention in the organization
aids in better management and conservatism of
strategic assets

ETHICS IN MANAGEMENT
Ethics:
business ethics deals with systematic study of morals, truth,
and justice.
Ethical theory:
1. utilitarian model:
plan and actions to be evaluated by their actions.
2. moral rights model:
all people have basic rights
3. justice model:
decision makers guided by fairness and equity

ETHICS IN MANAGEMENT
Sources of ethics:
societal ethics:
Based on the value and the culture prevalent In one
region ; it changes from one place to another
professional ethics:
The code that has been fixed where there is no scope
for a proper way of a behavior
individual ethics:
Personal standard that are usually fixed by the situation
one face at the present state.

ETHICS IN MANAGEMENT
Institutionalizing ethics:
Theodore Purcell puts three ways to make ethical:
by establishing a code of ethics
by appointing ethics committee
by teaching ethics In management program.
Factors for the raise of ethics :
public disclosure and publicity
the increased concern on the well informed consumer

FACTORS OF BUSINESS ENVIRONMENT

FACTORS OF BUSINESS ENVIRONMENT

Business environment:
it is the sum total of the micro and macro factors
influencing the functioning of the business.
Types of environment:
micro-environment
macro-environment
Factors of micro environment:
Suppliers: supplier control the success when the major stock
is supplied by the supplier as it is used to make the finished
product.

FACTORS OF BUSINESS ENVIRONMENT

Resellers: when the product is taken to the market the middle
man can market the product by using his strategy.
Customers: the type of the customer and the behavior of the
customer also increases the demand.
Competition: the competitor may sell the same product at a low
price but this must be used by the organization to increase the
profit and reduce the price of the product.
Factors of macro environment:
Demographic forces: different market has different culture and
taste for the product.

FACTORS OF BUSINESS ENVIRONMENT

Economic factor: the economic factors can affect the decision
making process and the production process also.
Natural forces: the non renewable sources may have a influence
on the production function.
Technology factor: the skills used in the business and the
technology used in the process also has a influence on the
function of the business.
Political and legal forces: the political force may always have an
impact on the marketing strategies used by the concern.
Social and cultural factor: the products launched should be having
an impact on the culture and must be environmental friendly.

SWOT ANALYSIS

SWOT ANALYSIS
SWOT ANALYSIS:
It is a planning method that can be used in product lines
place industry. The SWOT can be briefed as follows:
Strengths: characteristics of a business that give an advantge
over others
Weakness: character that act as a disadvantage
Opportunities: element that the business can exploit to the
advantage.
Threats: elements that are challengeable in the external
environment

SWOT ANALYSIS
SWOT ANALYSIS:
What does SWOT refers to :

SWOT ANALYSIS

Picture depicting the SWOT analysis of Microsoft

McKinsey's 7s model analysis

McKinsey's 7s model analysis

McKinley's 7s model analysis :
Tom Peters and Robert Waterman developed this
concept on 1980s , the basic premise of the model is that
there are seven internal aspects of an organization that need to
be aligned if it is to be successful.
The elements are:
Strategy:
It is a plan developed by the firm to achieve sustained
competitive advantage and successfully compete in the
market.

McKinley's 7s model analysis

McKinley's 7s model analysis

Structure:
it is an organizational chart of a firm. It represents the
way business units are divided and has the information on who
is accountable for the jobs.
Systems:
it is the process and the procedures of the company,
which reveal the business daily activity.
Skills:
the abilities that firms employee perform very well they
also include the capabilities and the competencies.

McKinley's 7s model analysis

Staff:
It is concerned with the way and the type how the employees
are recruited, trained, motivated, rewarded.
Style:
It represents the way how the top level managers are working
and the way they communicate. It is the management style of
the companys leader.
Shared values:
They are the norms and the standards that guide employee
behavior and the companies actions, are the very found of
every organization.

Done by:
R.Prasad
1520328