Monday, December 30, 2019
Saturday, December 21, 2019
Impact Of Globalization On The World System - 969 Words
Thougts on Globalization 1. In order to identify the three types of nations discussed in the texbook, I would like to first start by defining what the world system theory is. ââ¬Å"The modern world system is a capitalist global economy which contains multiple states and a single dominant international division of laborâ⬠(Doob, 2008). This definition helps us understand that the economy is not scattered accross the globe equally between all countries, instead only a few countries are posses a sucessful industrial, economical, and ploitical history. Being born and raised in Albania, and moving here to the US only 3 years ago has given me the opportunity to view these concepts clearly. The three naions are divided in this way- the core nation, the semiperipheral nation, and the peripheral nation. Or the rich, the middle income, and the poor. The Journal of World Systems Research explains ââ¬Å"World-system dynamics create persistent cross-national differences in levels of economic development, including levels of income and domestic economic structure, which in turn create divergent levels of income inequalityâ⬠(Graigner Kwon Mahutga, 2013). The core nation is the rich nation. The nation(s) which has managed to obtain a progressive industrial history, influences in the world system both economically and politically. Enjoys a high standard lifestyle, and has a longer life expectancy. The textbook mentions Western European, the US, Japan, Australia, and New Zealand. I would like toShow MoreRelatedAdvantages and Disadvantages of Global Integration1476 Words à |à 6 PagesAND DISADVANTAGES Globalization is the process by which different societies, cultures, and regional economies integrate through a worldwide network of political ideas through transportation, communication, and trade. Generally, globalization has affected many nations in various ways; economically, politically, and socially. It is a term that refers to the fast integration and interdependence of various nations, which shapes the world affairs on a global level. Globalization has affected the productsRead MoreGlobalization : The Super Story1366 Words à |à 6 Pagesaround the world have broaden their usual scope of search from within their own boundaries to across their borders looking for cheaper yet more capable men and women. In Thomas Friedmanââ¬â¢s article, Globalization: The Super-Story, he defines globalization as the inexorable integration of markets, transportation systems, and communication systems to a degree never witnessed before. In simple terms, globalization is the process of intern ational mingle that comes from the interchange of world views. FriedmanRead MoreGlobalization And Its Impact On Pakistan s Economy978 Words à |à 4 Pages SYNOPSIS Topic: Globalization and its impact on Pakistanââ¬â¢s economy Submitted to: Miss Ayesha Submitted by: Syeda Fatima Nadir Semester: 6 Major: Economics Introduction: Globalisation is the processRead MoreGlobalization And Its Effect On Society1240 Words à |à 5 PagesGlobalization and the use of new technologies and how it strengthens or weakens global inequalities Globalization is a very important force in the new world and it continues to impact the lives of individuals as well as groups world over. The role and affect of globalization has broadened over time. It has resulted in the lessening of trade barriers, integration of the economy of the world, increase in opportunities for groups and individuals alike and an increase in the economic well being andRead MoreGlobalization and Its Impact on International Business Essay1558 Words à |à 7 Pages............3 What is Globalization....................................................4 The engines for Globalizationsâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦..â⬠¦Ã¢â¬ ¦5 Globalizationââ¬â¢s impacts on international businessâ⬠¦..7 The road ahead for international businessâ⬠¦Ã¢â¬ ¦..â⬠¦Ã¢â¬ ¦9 Summaryâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦..11 Referenceâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦..â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦12 Introduction Every day we hear it on the news, read it in the papers, overhear people talking about itâ⬠¦ and in every single instance the word globalization seems to have a differentRead MoreGlobalization and Environmental Change1812 Words à |à 7 Pagesï » ¿Globalization and Environmental Change Introduction Globalization, described as the expansion, intensification and acceleration of global interconnectedness, is one of the intense phenomena that the contemporary era has experienced. It has influenced the monetary, ecological, and societal characteristics of all the nations of the world. Due to both positive and negative consequences on the life of the citizens the world over, globalization is one of the most talked about issue of this centuryRead MoreAdvantages and Disadvantages of Globalization on South Africa767 Words à |à 4 PagesGlobalization is the shrinking of the world and the increased consciousness of the world as a whole. It is a term used to describe the changes in societies and the world economy that is a result of dramatically increased cross-border trade, investment, and cultural exchange. Globalization has been dominated by the nation-state, national economies, and national cultural identities. The new form of globalization is an interconnected world and global mass culture, often referred to as a global villageRead MoreGlobalization, Privatization, and Militarization: Impacts on Criminal Justice1717 Words à |à 7 PagesGlobalization, Privatization, and Militarization: Impacts on Criminal Justice INTRODUCTION Over the years, the criminal justice system has seen many changes. These changes have taken place due to the economy, social changes, environmental changes, and even cultural changes. Three items in particular that have affected the criminal justice system world-wide are globalization, privatization, and militarization. This paper will discuss the history of globalization, privatization, militarizationRead Moreeffects of globlization1124 Words à |à 5 Pagesï » ¿Health Globalization has both positive and negative effects about one of the major concerns, health. The health care is primarily affected by globalization is through the increasing and worsening of internationalization of various health risks. However, if you will have to define the terms and other dimensions of the health risks such as; Technological, economic, social, political and cultural as well as scientific aspects. The linkages between health care and globalization are quite complexRead MoreImpact Of Trade Liberalization On African Countries Essay1627 Words à |à 7 PagesThe scholarship examining the extent at which trade liberalization (henceforth refers to as economic globalization) impacts poverty levels is limited. This essay examines the relationships between economic globalization and poverty levels in African countries. For instance, a 2006 UNDP report illustrates that just 7.2 percent of Bayelsa and Rivers State (Nigeria) residents were poor in 1980, but in 2004, the poverty index figures rose exponentially to 44.3 percent; Nigeriaââ¬â¢s national rural poverty
Friday, December 13, 2019
Public Policing Versus Private Security Free Essays
Public Policing Versus Private Security Kayla Cook CJA/500 November 8, 2009 Mrs. Jancie Graham Abstract Public policing and private security have several distinct differences. Public policing is the ability to enforce the law and maintain order in society. We will write a custom essay sample on Public Policing Versus Private Security or any similar topic only for you Order Now Private securities are paid agencies that perform the protective and loss-prevention duties not handled by police officers. Yet public policing and private security offers the same services and duties. These services and duties are performed to achieve some of the same goals. Both serve as leaders in their line of work. The leadership requirements are regulated by two different standards. They both share a positive relationship with the criminal justice system. This relationship could be enhanced if the two would partnership with one another. This could help them combine their essential policies for the current role they perform now. Public policing and private security will continue to grow and work together in the future. This paper will also describe and discuss the importance of a comprehensive security plan, and its key components. The Differences between Public Policing and Private Security Public policing is the ability to enforce the law and maintain order in society. Private securities are paid agencies that perform the protective and loss-prevention duties not handled by police officers. Public policing and private security have several distinct differences. Public policing does the following: 1) maintain order, 2) performs community service, 3) detect crime, 4) handle crime, and 5) prevent crime, 6) traffic control, 7) stop and question an individual, 8) search individuals and their personal belongings, 9) conduct interrogations, and 10) arrest an individual. Private security does the following paid duties: 1) serves as an escort, 2) patrol housing and business areas, 3) serves as guards at gates, 4) transport valuables, 5) security training, 6) screening of personnel for employment, 7) technical counter surveillance, 8) security consultation, 9) install alarm systems and 10)offer private security vaults (Reid, 1996). The Similarities between Public Policing and Private Security Public policing and private security offers some of the same services and duties. These services and duties are performed to achieve some of the same goals. In this way they are able to assist each other in performing these services and duties. Public policing and private security offer the following services and duties: 1) crime prevention, 2) crime control, 3) assist is emergencies, 4) training, 5) conduct searches, 6) involved in community events, 7) offer security, 8) monitor specific area, 9) provides protection, and 10) they both have legal powers. Both public policing and private security agencies are held accountable for their actions. Neither escapes criticisms from outside sources. Our society needs the services and duties that both provide to help ensure the safety of our freedom and our property (Walker, Katz, 2011). The Differences between Public Policing and Private Security Leadership Roles The difference between public policing and private security leadership roles are the standard requirements for leadership. The requirement for leadership in public policing is regulated by the government and civil service. The only requirement for leadership in private security is to lead by example. This is because private security agencies are privately owned and they do not have a set required standard. The Relationship of Public Policing and Private Security with the Criminal Justice System The relationship of public policing with the criminal justice system is to prevent crime and provide justice to the public. The relationship of private security with the criminal justice system is to prevent crime and provide justice to its employees. They both share the same relationship with the criminal justice system. The relationship would be work more effective if law enforcement officers and private security agencies would work together along with the criminal justice system to prevent crime and provide justice to the public and private employees. The Essential Policies for Public Policing and Private Security Public policing and private security have several distinct differences in their essential policies. The essential policies for public policing are: 1) Hierarchical- there are many different official and formal levels of public agencies positions. 2) Civil service- civil service examinations are given to chose only the most qualified personnel based on merit. 3) Apolitical- the government gives the policies to public policing to execute. 4) Impartial and fair- the treatment of all citizen using government services are to be fair and just. ) Public affairs-oriented- focus is given to the management of public agencies and organizations. 6) Public-service oriented- profit is not a motive the serve the public. 7) Publicly funded- tax revenues fund these public administrations. 8) Publicly documented- all citizens can review administrative records and financial documents. 9) Accountable to the public- at anytime legislative an d judicial review can be done to public administration. The essential policies for private security are: 1) Private enterprise- goal is to complete a private obligation instead of a public one. ) Private or corporate ownership- private organizations are owned by private individuals, groups, or stockholders. 3) Competitiveness- the organization may be in competition with another organization with the same product or service. 4) Profit incentive- normally the incentive is to generate net profit unless it is a nonprofit private organization. 5) Financing regulated by market price- the ability to sell the product or service is based on revenue. 6) Privacy of information and records- limited information is proprietary and the property of the owners. ) Accountability to owners and stockholders- instead of being accountable to the public, the organization and its employees are held accountable to the organizationââ¬â¢s owners. 8) Some freedom in selection and termination of employees- c ivil service rules do not regulate the organization ability to hire or terminate employees. 9) Freedom to regulate work methods and organization- the organization is not regulated by civil service rules (Ortmeier, 2009). The importance of a Comprehensive Security Plan and Its Key Components The security plan must also specify the persons who have access to security areas, and it must specify the various components necessary for physical security, such as barriers, lighting, alarm systems, fire protection systems, locks, and communications. It must detail full instructions for the guard force. These instructions must contain both general orders applicable to all guards and special orders pertaining to specific posts, patrols, and areas. There must be provision for emergency situations. Specific plans for fire, flood, storm, or power failure should be part of the overall plan of action. You should also specify people to call in an emergency. After the security plan has been formulated and implemented, it must be reexamined periodically for flaws and for ways to improve it and keep it current with existing needs. Circulation of the plan should be limited and controlled. It must be remembered that such a plan, however well conceived, is doomed from the outset unless it is constantly and carefully supervised (Fisher, Halibozek, Green, 2008, 36 Conclusion Public policing and private security are major components in the criminal justice system. The mere existence of both public policing and private security helps our communities feel safe. Once the two merge and work together, more problems can be solved to prevent crimes. This partnership will be form when the importance of each otherââ¬â¢s responsibilities and roles are identified. Law enforcement agencies are slowly coming to realize the benefits of a partnership with private security can be since 9/11. This was just one of the many examples of how effectively public policing and private security can work together. In the future, public policing and private security will continue to work together to prevent crime and provide justice to all. References Fisher, R. J. , Halibozek, E. , Green, G. (2008). Introduction to Security (8th ed. ). Burlington, MA: Butterworth-Heinemann. Katz, C. M. Walker, S. (2011). The Police in America: An Introduction (7th ed. ). New York, NY: McGraw-Hill Ortmeier, P. J. (2008). Introduction to Security: operations and Management (3rd ed. ). Upper Saddle River, NJ: Pearson/Prentice Hall. Reid, Sue (1996). Criminal Justice (4th ed. ). Madison, WI. Brown Benchmark. How to cite Public Policing Versus Private Security, Papers
Thursday, December 5, 2019
Corporate Social Responsibility (CSR) The Palanetary Bargain
Question: Discuss the importance of corporate social responsibility (CSR) and elaborate on its possible advantages and dis-advantages. Answer: Corporate social responsibility (CSR) refers to the ways in which the organization integrates economic, social, environmental concerns to the values and decision making in a transparent and accountable manner so as to improve the society. These elements of CSR are inter-related inter-connected and used by firms where they operate. It shall be seen that, CSR has been referred to as a central management concern (Hunnicutt, 2009). Different organization practice CSR in a different manner. Therefore, corporate social responsibility (CSR) has been referred to as a voluntary activity which is done by the employees society as a whole. Corporate social responsibility (CSR) refers to the series of events which the organization does in order to give back to the community and earn more profits. According to Horrigan 2010, there is no specific definition of what corporate social responsibility (CSR) is. Baker 2004, on the other hand defines CSR as the process opted by the organizations to produce an overall positive impact on the society. The following portion of the essay takes into consideration the advantages dis-advantages of corporate social responsibility (CSR). The first advantage of CSR is the improved version of the organization. With the help of CSR, the corporation will be able to earn high levels of goodwill. This serves dual purpose i.e. people would want to buy the product offered by the organization and other similar business corporations would want to be associated with the firm in a long run. This increases the image of the organization and its name would be synonyms with reliability goodness. Third party would want to be associated with the organization as it would be referred to as the best in the market (Zu, 2009). Second advantage of CSR is increased attraction retention of the employees. It shall be taken into consideration that, companies who are highly committed to CSR values find it easier to retain and recruit the employees. People want to get associated with organizations that care about the well - being of its employees by providing them with good work conditions. Financial assistance, regular appraisals will help the corporation to attain and retain more employees. In short, if the companys workforce is happy it will help the organization to earn more profits due to their increased efficiency. Thirdly, company attracts more capital inflow from various other sources. It shall be seen that, the image of the company plays an important in grasping investors. Therefore, companies who are engaged in regular CSR commitments get a massive boost and hence people invest in operations massively. The next advantage of CSR would be an increased positive publicity. It shall be taken into consideration that any publicity for company shall be referred to as good publicity. More and more people shall know about the products they offer (Visser, 2007). A good CSR program will help the organization to give good publicity and enhance its brand value. Good publicity also helps the orga nization to have an edge over its competitors. The competitors might be selling the product at a lower rate, but since the company with good CSR values is giving back to the society, therefore, people do not restrict themselves in spending an extra amount for the same. Lastly, companies who have invested in the CSR activities, the operations department shall be made sure that it does not harm the environment in any manner. Therefore, innovation of machines tools which will help to reduce wastes from the organization will help the company to have a clean environment (Trong, (2012). Apart from the advantages of CSR mentioned above there are various dis-advantages of the same. The first and foremost disadvantage of CSR is to shift from profit motive organization. Mitlon Friedman, an economist is the biggest critic of corporate social responsibility (CSR). He believes that, CSR shifts the main focus of the company i.e. its a financial entity first not a non - profit organization. He also states that, company tends to forget its obligations towards the stakeholders and the revenues they have to earn. Instead of engaging in profit making they are involved in CSR campaigns. The second disadvantage of CSR is customer conviction. As stated above, people tend to get attracted to companies who follow the CSR initiatives. People like the fact that, these programs are for a good cause (Tilt, 2016). But, CSR in the long run when does not gives instant results the customer feels that these are no less than publicity stunts. Therefore, it becomes a difficult task to convince the customers when the results take some time in coming out. Third disadvantage of CSR is the increased cost of production. It has been seen that, CSR leads to an increase in the cost of production. The increased expenditure can be seen in the increased prices of the products which the customer has to pay. It shall be noticed that, big corporations might not increase the prices but the small organizations will not be able to sustain in the market in the long run (Crowther Capaldi, 2008). Lastly, corporate social responsibility (CSR) will hamper the reputation of the company in a long run. It has been seen that, companies who practice CSR campaigns sometimes have to disclose the flaws in their own products if they tend to violate the CSR policies. For instance, a big vehicle manufacturing company asked to provide back the vehicles when they found a defect in the model. This has hampered the reputation of the company. In such cases, the trust of the customers is broken and large amo unt of inconvenience is caused to the consumers. References Baker, M. (2004).Definitions of corporate social responsibility - What is CSR?. [online] Mallen Baker's Respectful Business Blog. Available at: https://mallenbaker.net/article/clear-reflection/definitions-of-corporate-social-responsibility-what-is-csr [Accessed 29 Aug. 2016]. Hopkins, M. (2003).The planetary bargain. London: Earthscan Publications. Horrigan., B. (2010) Corporate Social Responsibility in the 21stCentury: Debates, Models and Practices Across Government, Law and Business, Edward Elgar Publishing, Cheltenham, UK. Hunnicutt, S. (2009).Corporate social responsibility. Detroit, MI: Greenhaven Press. Sacconi, L., Blair, M., Freeman, R. and Vercelli, A. (2010).Corporate social responsibility and corporate governance. Basingstoke: Palgrave Macmillan. Taticchi, P., Carbone, P. and Albino, V. (2014).Corporate Sustainability. Dordrecht: Springer. Visser, W. (2007).The A to Z of corporate social responsibility. Chichester, England: John Wiley Sons. Zu, L. (2009).Corporate social responsibility, corporate restructuring and firm's performance. Berlin: Springer.
Thursday, November 28, 2019
Those Wrecked By Success Freud Essay Example For Students
Those Wrecked By Success Freud Essay The movie Friday was one of the best comedies I have ever seen. It had a great director, a talented cast, a good plot, a spectacular soundtrack, and is filled with funny gags and jokes. It was by far the most hilarious movie of the decade. I have never laughed so hard in all of my life. I loved this movie. The cast of the movie was sensational. Playing the main character was famous musician and actor, Ice Cube. He is such a serious person that at first I was skeptical of his performance in a comedy. He has played in such movies as Dangerous Ground, Higher Learning, and Boyz N Tha Hood. Playing opposite of him was Chris Tucker who is one of the most gifted performers that Ive have seen. He has stared in hits such as Rush Hour, The Fifth Element, and Money Talks. These two along with other big comics like Bernie Mac, John Whitherspoon, and Fazion Love bring big laughs to the big screen. Tiny Zeus Lester, Nia Long and Regina King do there part as well, to serve up laughs. It is so important to have a good cast that can play their parts well, and get along. If I watch a movie and it is evident that the actors are acting, then I lose interest very quickly. These actors and actresses did a very good job of making every character believable. We will write a custom essay on Those Wrecked By Success Freud specifically for you for only $16.38 $13.9/page Order now Cast is important, but a good plot is crucial in the success of a film. So many movies have had great marketing and bombed because the plot was not good. I hate when I go to see a movie and the plot is not interesting. If I pay money for a movie, I want it to be worth it. In a comedy, I look for, a lot of, laughs. That is exactly what this movie gave me, it had it all. They had midgets, catching wives in bed with preachers and anything else you could look for to make you laugh. To fulfill this requirement on my movie list is very important. This movie did just that and exceeded the expectations I had for it. As with any successful movie you must have a good Quentin Terintino, Mel Brooks, or Stephen Spilburg working behind the scenes. This film had a gifted director by the name of F. Gary Gray. I personally think that he is one of the best directors ever. He has directed box office hits Set It Off and The Negotiator. The movie Set it Off grossed over 200 million dollars, and The Negotiator was not that far behind. He usually does the serious type movies, but he proves that he is versatile in this one. It also had a great soundtrack, which is very important to me. I have to like the music to a movie in order to like the movie. I mean, who wants to watch an action movie with country music playing during the fight scenes? I feel that a movie soundtrack should relay the plot of the movie. In this case there were great musicians to do that. There were such rb as Al Greene, Teddy Pendergrass, and Smokey Robinson. Add to that, great new artist like Monica, Ice Cube, Master P, and you have a multi platinum soundtrack. I really enjoyed the music, and it helped in the promotion of the film. I really dont think the movie would have been as successful as it was. While I really enjoyed this movie, it is not for all eyes to see. The target audience is primarily the younger African Americans, although I would suggest it to adolescence of all colors. Though the film is one of my favorites of all time, there were a few things about it, I found, that didnt sit to well with me. For instance, the continued use of extreme profanity was really distasteful, as well as, the use of alcohol and marijuana, by the character, Smokey. It was not so vulgar as some films, but still quite offensive to some extent. I think most college students would like this more because most college students like to party and would find these things offensive. I found the film extremely funny and in the great words of Siskel and Ebert I gave it two thumbs up!
Sunday, November 24, 2019
Western Medicines Impact on the Traditional Beliefs of the Kaliai essays
Western Medicines Impact on the Traditional Beliefs of the Kaliai essays The people of the Kandoka village, located in Papua New Guinea, have quite a unique way of life that differs from that of Western civilization in several ways. They are essentially a simple society based on subsistence horticulture and occasional hunting. With a population of approximately four hundred people, the Kandoka village is "the largest of the five coastal villages of Lusi-Kaliai speakers. Travel between these different communities is achieved by foot or sea and usually requires a substantial amount of time. This can be quite problematic in cases of medical emergency. Although a registered nurse is located at an Aid Post a few miles from the village, more serious cases are often referred to hospitals quite far away. The Kaliai have now been in contact with Western culture for over a century and with Western medicine for almost fifty years. They have still managed to maintain their strong cultural beliefs and practices while at the same time integrating certain aspects of Western culture into theirs. In this essay I will discuss how the availability of Western medicine has affected how the Kaliai perceive and explain causes of illness and methods of treatment, when they seek this type of treatment, and how they explain and deal with it's failure. I will then proceed to comment on how and when traditional treatment is exercised and what happens if this method fails. The information used in the discussions is provided in a series of case histories documented by Drs. Dorothy and David Counts. It is from these cases we find that the people of the Kandoka village have generally accepted Western medicine and use it in varying combinations with traditional practices. Western Medicine's Impact on Perceptions of Illness With the introduction of Western medicine into the Kandoka village came new ways of explaining illness and providing treatment. Contact with Western missionaries had established a great deal of respect for...
Thursday, November 21, 2019
Social Responsibility in Business Essay Example | Topics and Well Written Essays - 750 words
Social Responsibility in Business - Essay Example It is, however, underlined that all definitions of Social Responsibility focus on interrelationship between the economic, social as well as environmental and social aspects plus impacts of the organizationââ¬â¢s activities. The following definition of Social Responsibility is advised to be used: ââ¬Å"Social Responsibility means a balanced approach for certain companies to address and look for solutions to resolve economic, environmental and personal problems so that it benefits people, as well as whole communities and society in generalâ⬠(International Institute of Sustainable Development, 2004). Social responsibility, therefore, underlies the ethical way of running any type of business. It, however, should not be confused with business ethics even if sometimes these two terms are used interchangeably. Social responsibility, according to William & Ferrell, is a broader concept which describes the impact of all businessââ¬â¢s activities on our society while business ethi cs refers to decisions made by an individual or a group (Ferrell & Fraedlich, 2012, p. 39). In her turn, Jennings observes that social responsibility is just another layer of business ethics which describes the ways of considering the interests of all stakeholders and general public while resolving the ethical problems it encounters (Jennings, 2012, p. 48) The term ââ¬Å"social responsibilityâ⬠is referred to differently across the globe. Specifically, in the United Kingdom the term ââ¬Å"corporate social responsibilityâ⬠is common, in India this is ââ¬Å"corporate citizenshipâ⬠, in Chile ââ¬â ââ¬Å"Enterpreneurial Social Responsibilityâ⬠, and in South Africa either ââ¬Å"corporate social responsibilityâ⬠(CSR) or ââ¬Å"corporate social investmentâ⬠, or ââ¬Å"sustainable developmentâ⬠, etc (International Institute of Sustainable Development, 2004). While the social responsibility of business has been emphasized by the efforts of the gen eral public and its outcries, as well as by government regulation, social responsibility depends on the managementââ¬â¢s attitude. The latter depends on which of two contrasting philosophies (models) has been chosen as dominant. Specifically, the economic model of social responsibility maintains that society gets the biggest benefit when the enterprises is left alone with its production and marketing of profitable goods needed by the society. It is based on traditional understanding of business as a venture that exists only to produce goods and services of high quality, earn nice profits, and give job opportunities (Pride, Hughes, Kapoor, 2012, p.52). In contrast, the socioeconomic model is based on recognition that the business has a responsibility not just to its stakeholders but to the general public, its employees, consumers, and suppliers. To illustrate, may firms today not merely accept social responsibility, but take pride in their social responsibility records winning awa rds in a variety areas, e.g. community involvement, environment, etc. These are such companies as Coca-Cola, Colgate-Palmolive, Hewlett-Packard, and Starbucks Coffee (Pride, Hughes, Kapoor, 2012, p.52). Despite obvious advantages of the second model, its benefit has been debated. Similarly, the viability of the economic model has been debated throughout years. Major arguments for enhanced social responsibility are as follows: 1) Since business is a part of a society, it should not neglect social issues; 2) Business possess necessary
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