The inconsistency between environmental and business ethics is well-known. Though academicians as well as businessmen aim to bring together these apparently incompatible contexts of ethics, businessmen have, in practice, basically skirted the sustainability discussion by assuming an "ethically pragmatic, purged, and reassuring" sustainable development version (Milne & Byrch, 2011)
A more enduring modern management formula states 'if it can't be measured, it can't be managed'. Because CSR and ethical ways of conducting business are vital management and corporate governance functions, organizations must be receptive to developing tools that make a firm's social, environmental and economic standing more transparent to shareholders, executives, as well as to other stakeholders (Norman & MacDonald, 2004)
Capitalism's present focus lies on creation, rather than distribution, of wealth. Distributive justice, in reality, isn't seen in economists' discussions (Sud & VanSandt, 2011)
(Lee, 2014). Organizational Structure In the contemporary global business scenario, several international companies employ a mixed or hybrid structure, where two, or multiple, structures are used, or different structures' elements are combined (Daft, 2012, p180)
Management, in such cultural settings, often appraises employee performance on grounds of behavior-based, not results-based, criteria. Moreover, in view of Hofstede typology, one can easily understand impact of culture on performance-related practices in the nation (Dartey-Baah, 2013)
Organizational effectiveness represents a sum total of company goodness and factors like production, turnover, output quality, cost performance, efficiency, and profitability (Katz & Kahn, 1966). Effectiveness denotes the organization's ability to accomplish its aims and fulfill needs of different stakeholder's (Khandwalla, 1995)
It is renowned for its attempts at leading the world market in Nutrition, Wellness and Health. The company owns numerous brands, manufacturing diverse products, including beverages like bottled water, coffee, and milkshakes, infant formula, breakfast cereals, seasonings, healthcare and performance nutrition, sauces and soups, refrigerated and frozen food items and pet foods, in several world markets (Lee, 2014)
The above statement is a simple means of explaining cultural diversity. It is just as hard, in certain situations, for one personnel category to comprehend the hopes or targets of another category, as it will be for cats to comprehend the disappointments or dreams of horses (Lewis, 2012)
This is best evidenced in the balance achieved between geographic localization and product standardization, and when resources are allocated with effective coordination (Lee, 2014). Does the organizational structure of this corporation work? Are there things that could be improved? National Culture Practices Cultures of different nations shape leadership styles and strategic decisions (Schneider & DeMeyer, 1991), in addition to employee performance appraisal and other human resource practices (Luthans, Welsh & Rosenkrantz, 1993)
This is best evidenced in the balance achieved between geographic localization and product standardization, and when resources are allocated with effective coordination (Lee, 2014). Does the organizational structure of this corporation work? Are there things that could be improved? National Culture Practices Cultures of different nations shape leadership styles and strategic decisions (Schneider & DeMeyer, 1991), in addition to employee performance appraisal and other human resource practices (Luthans, Welsh & Rosenkrantz, 1993)
Indeed, lack of quality control or safety has led to the downfall (or at least a bad day) for more than one firm. Apple's contracted factories in China is just one example (Cooper, 2012)
Of course, workers should be able to get a drink if they need one but non-water drinks such as juice or soda and any food are absolutely forbidden on the factory floor. Non-water drinks and food should only be consumed in the break/lunch room or outside of the facility (Duhigg, 2012)
People in California are literally three hours behind people in New York City when it comes to time. While this is not a real issue for a bulk of the day, people in New York signing off at 5 pm EDT is not going to work well unless there are people to cover those in California, where it is only 2 pm EDT (Henricks, 2006)