The actual genuine value of conducting business that inspires creativity, further cooperation and facilitates efficiency. Balancing people needs and long-term economic development as well as sustainable marketing these aspects lead to strength and faith in companies while they make use of less resources and funds. On an operational basis, sustainable marketing aims at making use of social evolution and customer behavior. This results to the achievements of long-established profit options. Finally, it is meant to provide services and goods through the management that is done in a responsible way.
Today, however, market components could be attributed as the leading influencer of university priorities, as the success of the university is measured in job attainment. Labaree, while not prescribing any action toward the system other than to leave it alone (196), seems to imply that the failing public institution should adjust to these market constraints or die. Adjusting ultimately means catering to private interests, making the university a private good. This leads to a failing of its accessibility, its academic rigor, and its freedom. Thus, while the private university system may be healthy, with its well-developed funding base, the public university will fail in its goal if left to the whims of the market.
Without doubt it is vitally important to not allow the dismantling of the existing support structure that has been built over decades until a realistic, quantifiable and sustainable program emerges. To be sure that any programs blueprinted will do no more harm, on the contrary aiding the poorest of us to rise to better wage jobs and education, both vocational and collegiate. A way to make these changes happen is to target the middle class and their voting power. Show them that they have more in common economically with the 99% than the 1% who wield the power by controlling 1/3 of the wealth. With that power newly elected candidates for office will finally do serious work to improve the lives of the constituents they serve, both the middle and the poor.
Capitalism and free enterprise are often seen as synonymous. In truth, they are closely related yet distinct terms with overlapping features. It is possible to have a capitalist economy without complete free enterprise, and possible to have a free market without capitalism. Any economy is capitalist as long as the factors of production are controlled by private individuals. However, a capitalist system can still be regulated by government laws and the profits of capitalist endeavors can still be taxed heavily.
With good reputation, it helps firms to create competitive advantage in the business environment. Thus, instead of focus on short-term profit maximizing or costs saving, firms should be stakeholder-oriented. A firm which is stakeholder-oriented focuses on the need of their stakeholder such as employees, customers, society and others who have a direct economic link to the firm (Habil, n.d.). Businesses that are socially responsible will avoid actions that may cause detrimental to stakeholders. They have greater concern on stakeholder well –being.
If we take one that emphasises the emotional ramifications it has on the individual, then negative results will come back; but if we take one that emphasises its impact, by and large, on the development and prosperity of society, positive results will come back. The juxtaposition of the two is complex; one thing is for certain though: greed isn’t as injurious as it’s purported to be in the grand scheme of things. The two cornerstones of greed are its perpetuity and tenacity. The moment it enters the mind is the moment it subdues it, and aligns it solely towards the manifestation of greed. It dislodges from the mind all that may hinder the pursuit of fulfilling it.
So, can data obtained through unethical research methods be used for ethical and beneficial results? Although there is evidence that records from some of those experiments could be beneficial and could save lives today, the use of the data produced by those unethical human research poses an ethical dilemma. The ethical issues associated with using the data are enormous including (1) There were violation against human subject rights, for example, recruitment of participants was not voluntary and without an informed
followers can achieve maximum performance through the process of shared vision, clarify mission and organizational goals and objectives, encouragement, and positive motivation (Butler, 1999); transformational leadership embraces the idea of maximizing the followers’ full potential to optimize their performance (Bass & Avolio, 1990); transformational has a positive impact on both organizational and followers’ performance (Diaz-Saenz, 2011); autonomous, encouragement, and motivation enhances work performance in more complex and arduous tasks (McCleskey, 2014); it is more predictive of individual or organizational performance (Bass, 1985). There are suggestions in offering the advantageous reasons of the transformational approach such as the style
He revealed that the relationship of these dimension and ethical leadership and the outcomes from it varies trough the dimensions. Fairness and power sharing are said to be having positive relation the employee’s behavior in the organization. Furthermore, it is founded that ethical leadership give positive impact to the leader effectiveness, employee effectiveness, satisfaction of the employee regarding the leader and increase the trust to their
4.4. Reward System: “Reward system is an important tool that management can use to channel the employee motivation in desired ways. In other words, reward systems seek to attract the people to join the organisation to keep them coming to work, and motivate them to perform to high levels”. [ct. Pratheepkanth 2011, pp.85]. As per Brickley, the reward system must encourage the employees to stick to the organisation for longer periods as well as increase the motivation and commitment to the company therefore lead to the increase in productivity and profit maximising.
Motivational Improvement Program Organizational efficiency and effectiveness is a necessity as organizations seek to secure their competitive advantage in a global marketplace. As a result, organizations seek ways to improve their products and services and reduce cost. The biggest asset and investment for any organization is human capital, employees. Organizations realize the quality of their products and services depends on their employees ' productivity and performance; therefore, organizations must find ways to motivate their employees. Consequently, they search for and apply research on motivational theories and/or models to help motivate employees.