Shared Value Concept at Hyundai
In Hyundai, Shared Value is creating a better future for everyone present while taking the global community forward. Building Smart cars is one way to do it, which makes disability a non-issue for some while making drive possible. We can look into the five ways in which Hyundai achieves this feat.
Shared Innovation originating from innovation in technology is one of the ideals from its shared value concept. This concept looks into better safety for all, affecting the environment minimally and at the same time increasing the performance. The welfare of the society can also be looked into in this case with incorporation of social values such as helping the disabled people. The effort can lead to reduction in the
…show more content…
The values which get generated for Hyundai form this initiative include prospects for growth by having new sources of revenue. The recycling of vehicles also will boost the image of the company which will lead to increased sales. The waste generation in some countries lead to increased taxes, so as a result tax payment will also decrease for the company. The communication with the government which is a major stakeholder for any automobile company will increase in case of having recycle as a main stay in company goals. For the society, the values it will generate will include building recycling capacity in less developed places. This will also help the industry to grow in a sustainable manner. The emission from the used vehicles is also reduced along with recovery of important resources back to manufacturing. One such facility is located in Mongolia which helps government officials dismantle and transfer technologies related to recycling to other …show more content…
For achieving this Hyundai follows a Blue Drive Technology which is evolves according to the market for green cars. Some steps followed by Hyundai include combination of both Electric motor and Fossil fuel engine to provide better efficiency as well as performance. Also, Fuel cell electric vehicles are also present who help in achieving zero emissions. Hyundai is present in this segment with the Tucson ix as well as in the Hybrid models with Grandeur Hybrid.
Second issue is transformation of society into a low carbon one with better emission standards. The plants of Hyundai have to get a better facilities at its centres with reduction in greenhouse gases. The regulatory changes are being done which require GHG reductions. Such schemes can have an impact on the profitability of the company. So Hyundai is coming up with plans such as solar roof top panels, LED light installation, high efficiency boiler installation, and reduction in wastage of heat generated in the process of making
It is in1perative that we scrutinize how each person has becorne a part of the crin1inalj ustice system and equalize the playing field in order to equalize the treatment or each
Thus, it is better to improve the social determinants of a community as a whole instead of one person in that community bettering themselves. Working together to fix the aspects of said society that are negatively affecting an area along with everyone doing what they can to add to the improvement of life
A social problem is an aspect of life that people are concerned about and would like to change. It consists of two components: the objective requirement that an aspect of society can be measured. . The objective condition in the case of abortion entails the question whether abortions are legal, who obtains an abortion, and under what circumstances is an abortion secured (Henslin, 2008). The second component is the subjective condition; This is the concern that a significant number of people have regarding the objective condition. In the case of abortion, the personal condition involves distress that a pregnant woman must carry the unwanted baby to full term (Henslin, 2008).
Imagine living in a world where the air is polluted and most people are afraid to step outside their front door, in the near future, this may be reality for Americans. Americans throw out over 200 million tons of garbage a year, yet recycle not nearly as much. Most people do not realize it but recycling is a vital part of America’s society and if Americans do not perform this action, it will backfire on them. People in America are debating whether Americans are recycling enough and correctly. After analyzing the data, one will definitely agree that Americans need to be more educated on recycling due to the fact that most people do not know what happens after they recycle an item, nearly all Americans are recycling incorrectly, and Am To begin,
An organization that has a team or horizontal style of work structure and management is called as contemporary organization. Instead of a strict hierarchy, the power is spread out to the whole team in the contemporary organization. It is a more responsive and flexible. Traditional organization is changed to the contemporary organization of business. The traditional organization style concentrated on a pyramid order, with supervisors and managers controlling all components of the representatives beneath them, including interpersonal connections, ventures and disciplinary activities.
In this report I will discuss both the Social and Medical Models, define their pros and cons and give a short reflection on my own opinion of the two models in everyday use today. Both the medical and the social models of disability describe how they see disability and how they feel disabilities and those suffering should be treated. Both models have very different views on the causes of, how disabilities should be taken care of and by whom and both have their strengths and weaknesses when it comes to caring for those with disabilities. Medical Model
The selected corporation is Volkswagen (VW), a German car manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. Established in 1937, Volkswagen is the top-selling and namesake marque of the Volkswagen Group, the holding company created in 1975 for the growing company, and is now the second-largest automaker in the world (Wikipedia, 2016). Volkswagen’s corporate website is http://www.vw.com/. According to the International Ethical Business Registry, there has been a dramatic increase in the ethical expectations of businesses and professions over the past ten years. Increasingly, customers, clients and employees are deliberately seeking out those who define the basic ground rules of their operations on a daily basis.
(Chandler, 2013) Customers have greater access to products so they can choose between, for example, a cheap more polluting car and a more expensive non-polluting car. Also, there is more competition so Tesla needs to distinguish itself from other companies by focusing on CSR. An emerging force that may reshape CSR in the future might be climate change. In order to diminish climate change as much as possible, corporate social responisibility is very important.
Hybrid vehicles, or more specifically hybrid-electric cars, have been the centre of debate since the premier models made their debut back in the 1990s. Environmental activists have been quick to advocate the perks in terms of reduced emissions of greenhouse gases. On the other hand, critiques argue if the costly hybrid technology is worth the savings in fuel cost over the long-haul. Hybrid vehicles use two or more distinct power sources that work in tandem in order to create power. While there is a wide assortment of vehicles that run on hybrid power sources today, cars enjoy the most popularity among consumers.
In the industry of automobiles, electric vehicles are a new emerging concept. Different automobile companies have modeled their cars with different specifications. We have those companies that have designed proactive vehicles that use only electricity. We have companies that design hybrid cars which run on both gas and electricity.
I have no prior knowledge about Hybrid cars but once I heard about an electric car produced by Tesla and it made me very curious to know more about the topic I have done research on the Internet. In my speech today I am going to speak about the Development of hybrid vehicles. Innovations and Configurations in the Hybrid Vehicles have significant impacts on the environment. First, I will give a brief description about the Hybrid Vehicles and follow it up by discussing the Innovations and Configurations in Hybrid Vehicles and finally, discuss the Environmental impacts of hybrid vehicles.
We must make the most to conserve, recycle and reuse whenever possible because the natural resources on our planet earth are limited. One of the most efficient ways to support recycling is to purchase products made from recycled materials. Maybe by now, you are not aware of how important this act can make a change to the world. However, the effort involves not only recycling existing products, but purchasing products that have already been recycled. Today, you will notice a lot products that are made from recyclable materials thanks to a strong push in green movement recent years.
Nissan are currently in the middle of selling their share in their main supplier ‘Calsonic’ They are doing this so that they have more freedom and go around and find different suppliers who offer better deals and better quality produce. This will benefit Nissan greatly as they will not be stuck with one supplier. Climate/Context – Nissan are subject to many limitations and regulations that are out of their control such as government regulations that restrict certain aspects of a car and the internals of the car. Other things such as inflation rates and interest rates will affect people’s choice when purchasing a car because if inflation rates rise, the price of Nissans cars will rise and influence potential customers to not make a
Mercedes remains in the end a company that values of professionalism and business men lifestyle where all its advertisement show the owner of Mercedes as wearing suit and enormously wealthy in order to instill the psychology and idea of the market they are trying to reach. Marketing would not be profitable if the business didn’t segment the market into segments that they can then market accordingly to demographics as well as social lifestyle. With this in mind, a sustainable car would be better targeted to a segment with high income that can as well high social class that would be more prone to be active towards a certain goal. With business men being always on the travel in order to attend meetings and showcase products, a sustainable cars that can achieve a heavy millage might attract that
Support idea: more electric car more reduce carbon dioxide Support detail: In the future, electric car will be more number on the road and reduce making carbon dioxide to the air. “Carmakers have queued up to pledge that soon all their new models will be either hybrids or electric.”[2] Body2 Topic sentence: Electric car can charge by itself to use less time at charging station. Support idea: solar power Support detail: Some electric car have sola panel that can recharge battery by itself with sun light. Support idea: Dynamo generator