Government Alliance Essay

Download this Essay in word format (.doc)

Note: Sample below may appear distorted but all corresponding word document files contain proper formatting

Excerpt from Essay:

Promoting Organization Citizenship

With advancement in technology world has become a global village. Companies are reaching far away territories and brands are recognized globally. Multinationals have emerged as the driving force of economy as they don't find themselves restricted for resources and target market to any physical geography. Companies design their product at a different facility, test it, mass produce it and market it in different localities according to their goals, all to keep cost low and profitability high. This phenomenon has enabled them to establish their presence across the globe.

Though globalization created new opportunities for firms as it opened new prospective markets, new sources of cheap labor and friendlier laws, it also presented companies with unique challenges in form of highly aware customer and more demanding stake holders. Now all stake holders from customers to share holders, employees to suppliers and from government to local communities expect a positive, ethical dealing from companies. Because of their massive presence and impact on economy, societies / people's perception and expectations from these multinationals are rapidly changing.

Corporate Social Responsibility (CSR) might seemed a "too good to be true" idea a few years or a decade back, has now taken the main stream role in forming companies policies. Now people are more aware and expect more than a quality product, they want companies to give back to society in which they are operating. That is the reason a growing number of multinationals and known brands are teaming up with governments and NGOs to bring a positive change in society. Going green by controlling waste, reducing carbon footprints by local resourcing and launching charitable work are only few examples of activities that companies undertake to establish a positive image in society.

Becoming more ethically responsible may appear simple straight forward solution for increasing expectations of stakeholders in a globalized community but in reality it is not. Businesses are considered and designed to be profitable, that's the only way they can sustain in the competitive world, now a complete shift in perception is required. Now companies are not created just for profit but for benefit (Greenblatt, 2008), with a core ideology of giving back to society or preserving something unique and natural. For which strong leadership, rather stewardship is required from managers and entrepreneurs.

Ben & Jerry is an example and so is Ethos Water. This shift in mind set of businesses and managers is one of the main challenges towards an ethical, socially responsible corporate world. As it takes strong focus and commitment to deviate from the norm and make your own path in a fiercely competitive environment. Ethos started humbly and acquired reasonable success while donating half of its earnings to resolve water and hygiene crisis in developing countries. Now it is acquired by Starbucks and still gives away a fraction (. 05$) of its price (1. 80$) which amounted to 6 million USD. On its way to success it garnered accolades for its business model, which is profitable yet ethically responsible. Though Ethos is a success story as it turned to be profitable, SC Jhonson's Base of Pyramid initiative wasn't a commercial success but it achieved its goals of community mobility and improving life of its selected audience.

Finding and nurturing the right mindset is not the only challenge that companies now face to achieve the goal of becoming ethically responsible, in fact the very factors which contributed in their growth have become a challenge for them, globalization and ethical diversity (Johnson, 2012). Not only the divide between rich and poor is increasing but it's also becoming more and more apparent. Multinationals have the corporate muscle to shift the whole economic realm of a society but they tend to stand with financially stable parties to safeguard their share holder's interest, thus ignoring a lot of stake holders, making divide between haves and have-nots wider. These humongous multinationals also pose serious threat to upcoming entrepreneurs with deep rooted philosophy of bringing a positive change in world. With enough liquid money in their piggy banks, they can acquire and engulf their competition, making survival of ethically responsible companies even more difficult. The best and probably the only way of survival in such a cut throat corporate environment is saving your core values to the…[continue]

Cite This Essay:

"Government Alliance" (2014, August 21) Retrieved December 2, 2016, from http://www.paperdue.com/essay/government-alliance-191260

"Government Alliance" 21 August 2014. Web.2 December. 2016. <http://www.paperdue.com/essay/government-alliance-191260>

"Government Alliance", 21 August 2014, Accessed.2 December. 2016, http://www.paperdue.com/essay/government-alliance-191260

Other Documents Pertaining To This Topic

  • Government Regulations Affecting Health Care in Hospice

    Government Regulations and Hospice Government Regulations Affecting Health Care in Hospice Hospice Regulations Affecting Health Care in Hospice Impact of rules on Hospice services Annotated Bibliography This paper focuses on how government regulations impact hospice. The paper starts off with an introduction to the hospice system that was revived by a nurse, Cecily Saunders, who then went on to become a physician, establishing one of the first modern hospices. The concept of total pain is explained

  • Government George Washington s Farewell Address

    He consistently mentions how important it is to throw off geographical boundaries and beliefs, and unite in a common goal of freedom and liberty. He also notes that the Constitution is meant to be amended, but it must be treated with respect, rather than used as an instrument of power or greed. He warns against "alterations which will impair the energy of the system," and urges the people to give

  • Government Superfund in America There

    As a part of this initiative, the EPA works with local communities to: establish the optimal use of the cleaned up sites, it provides relevant information to the potential buyers / developers and dispenses advice on technical needs for re-utilization of the site. ("SARA Overview," 2010) In this particular case, the RTU is effective at helping communities be able to reclaim land that had once been considered to be contaminated.

  • Government Control on Public Food

    Research shows that "The roughly 3.5 million fast food workers are by far the largest group of minimum wage earners in the United States. The only Americans who consistently earn a lower hourly wage are migrant farm workers," (Schlosser, 2004, p 6). Food companies exploit low income communities both in terms of selling unhealthy foods to them, and through providing poor working conditions for the community in general. Currently,

  • Government Economics and Business in

    Poverty rose after the Islamic Revolution, and so did unemployment, leaving Iran largely uncompetitive in the global marketplace. Their largest export is the sale of oil and gas, and Iran holds what is estimated to be 10% of the world's oil reserves, so their economy is growing again, and they are successfully paying off old debt that was restructured in the 1980s (Editors). While Iran was sinking into a depression,

  • Government Surveillance of the American People

    Big Brother Watches America When Orson Wells wrote his famous novel about government surveillance taken to the extreme, the world he described seemed very unrealistic. However, at the turn of the new millenium, the world that he describes is not so different and it seems as if we are just one step away from the "thought police" knocking on the door. For some this gives them an extra-added element of

  • Recycling on Campus Government Policy

    Government Policy of Recycling on Campus A cyclical process, as the word itself indicates, the relevance of recycling cannot be overstated. Most importantly, recycling not only helps save energy, but also plays a critical role in the reduction of pollution -- thus helping slow down global climate changes. As a campus policy, recycling makes great sense -- both environmentally and economically. The government should force recycling on campus because it is


Read Full Essay
Copyright 2016 . All Rights Reserved