Business Purpose
Business purpose refers to the wider, long-term goals of a commercial enterprise. It expresses the corporate's reason for existing, its particular commitment with respect to the surrounding world. A business purpose statement serves as an affirmative reminder of the company’s core identity to employees, customers, and other stakeholders; a common ground hopefully enabling them to focus on their particular tasks while feeling what they do is part of a wider, socially valued endeavor. Alongside established normative, purpose is a fundamental component of business ethics and is closely related to corporate statements such as vision, mission, and values. A simplifying, although debatable view, contends that business purpose may exist in one of two forms: current purpose, or mission; and future purpose, or vision. The term has gained wide media attention in recent times. History Aristotle contemplated the importance of business ethics and business purpose in his Nicomachean Ethics, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Business Ethics
Business ethics (also known as Corporate Ethics) is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. These ethics originate from individuals, organizational statements or the legal system. These norms, values, ethical, and unethical practices are the principles that guide a business. Business ethics refers to contemporary organizational standards, principles, sets of values and norms that govern the actions and behavior of an individual in the business organization. Business ethics have two dimensions, normative business ethics or descriptive business ethics. As a corporate practice and a career specialization, the field is primarily normative. Academics attempting to understand business behavior employ descriptive methods. The range and quantity of business et ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Corporate Social Responsibility
Corporate social responsibility (CSR) is a form of international private business self-regulation which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethically oriented practices. While once it was possible to describe CSR as an internal organizational policy or a corporate ethic strategy, that time has passed as various national and international laws have been developed. Various organizations have used their authority to push it beyond individual or even industry-wide initiatives. In contrast, it has been considered a form of corporate self-regulation for some time, over the last decade or so it has moved considerably from voluntary decisions at the level of individual organizations to mandatory schemes at regional, national, and international levels. Moreover, scholars and firms are using the term " creating shared value", an extension of corporate social responsibility, to explain ways of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Statements
Statement or statements may refer to: Common uses * Statement (computer science), the smallest standalone element of an imperative programming language *Statement (logic), declarative sentence that is either true or false *Statement, a declarative phrase in language (linguistics) *Statement, a North American paper size of 5 1⁄2 in × 8 in (140 mm × 203 mm), also known under various names such as half letter and memo *Financial statement, formal summary of the financial activities of a business, person, or other entity * Mathematical statement, a statement in logic and mathematics * Political statement, any act or nonverbal form of communication that is intended to influence a decision to be made for or by a group * Press statement, written or recorded communication directed at members of the news media * Statement of Special Educational Needs, outlining specific provision needed for a child in England *Witness statement (law), a signed document recording the evidence given by a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Royal DSM
Koninklijke DSM N.V. (Royal DSM, commonly known as DSM), is a Dutch multinational corporation active in the fields of health, nutrition and materials. Headquartered in Heerlen, at the end of 2017 DSM employed 21,054 people in approximately 50 countries and posted net sales of €8.632 billion in 2018 and €9.204 billion in 2021. History DSM was formed by the Dutch state in 1902 to mine coal reserves in southern Limburg and although the company had diversified into commodity chemicals and petrochemicals by 1973 when the last mine closed, DSM retains a link to its origins by continuing to use the initials, originally an abbreviation for Dutch State Mines, to this day. During World War II researchers worked on penicillin. The code name Bacinol was used to keep the research secret from the Germans. The research was done at the company Nederlandsche Gist- en Spiritusfabriek, Dutch Yeast and Spirits Factory, later becoming DSM Sinochem Pharmaceuticals, in Delft. In 1989 the go ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Corporate Social Responsibility
Corporate social responsibility (CSR) is a form of international private business self-regulation which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethically oriented practices. While once it was possible to describe CSR as an internal organizational policy or a corporate ethic strategy, that time has passed as various national and international laws have been developed. Various organizations have used their authority to push it beyond individual or even industry-wide initiatives. In contrast, it has been considered a form of corporate self-regulation for some time, over the last decade or so it has moved considerably from voluntary decisions at the level of individual organizations to mandatory schemes at regional, national, and international levels. Moreover, scholars and firms are using the term " creating shared value", an extension of corporate social responsibility, to explain ways of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Unilever
Unilever plc is a British multinational consumer goods company with headquarters in London, England. Unilever products include food, condiments, bottled water, baby food, soft drink, ice cream, instant coffee, cleaning agents, energy drink, toothpaste, pet food, pharmaceutical and consumer healthcare products, tea, breakfast cereals, beauty products, and personal care. Unilever is the largest producer of soap in the world and its products are available in around 190 countries. Unilever's largest brands include Lifebuoy, Dove, Sunsilk, Knorr, Lux, Sunlight, Rexona/Degree, Axe/Lynx, Ben & Jerry's, Omo/Persil, Heartbrand (Wall's) ice creams, Hellmann's and Magnum. Unilever is organised into three main divisions: Foods and Refreshments, Home Care, and Beauty & Personal Care. It has research and development facilities in China, India, the Netherlands, the United Kingdom, and the United States. Unilever was founded on 2 September 1929, by the merger of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Net Positive
A sustainable business, or a green business, is an enterprise that has a minimal negative impact or potentially a positive effect on the global or local environment, community, society, or economy—a business that attempts to meet the triple bottom line. They cluster under different groupings and the whole is sometimes referred to as "green capitalism". Often, sustainable businesses have progressive environmental and human rights policies. In general, a business is described as green if it matches the following four criteria:Cooney, S. (2009) "Build A Green Small Business. Profitable ways to become an ecopreneur." # It incorporates principles of sustainability into each of its business decisions. # It supplies environmentally friendly products or services that replace demand for nongreen products and/or services. # It is greener than traditional competition. # It has made an enduring commitment to environmental principles in its business operations. Terminology A sustainable busi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ranjay Gulati
Ranjay Gulati is an Indian-American organizational scholar and currently the Paul R. Lawrence MBA Class of 1942 Professor of Business Administration at the Harvard Business School. Early life Ranjay Gulati graduated from St. Stephen's College at the University of Delhi in India, where he earned a bachelor's degree in economics in 1983, and Washington State University in the United States, where he earned a second bachelor's degree in computer science in 1985. He earned a master's degree in management from the MIT Sloan School of Management in 1987, and a PhD from Harvard University in Organizational Behavior in 1993. Career Gulati taught at Northwestern University's Kellogg School of Management from 1993 to 2008. Since 2008, he has been the Jaime and Josefina Chua Tiampo Professor of Business Administration at the Harvard Business School. Gulati is the author of several books. Personal life Gulati resides in Newton, Massachusetts Newton is a city in Middlesex County, Mass ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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John Mackey (businessman)
John Powell Mackey (born August 15, 1953) is an American businessman, and writer. He is the co-founder of Whole Foods Market and served as the CEO of the company from its inception in 1980 until 2022. Named Ernst & Young entrepreneur of the year in 2003, he is one of the most influential advocates in the movement for organic food."The Whole Foods Shebang" '' Grist Magazine'', December 17, 2004 A vocal member of the Libertarian Party, Mackey is a strong supporter of free market economics. Mackey has criticized labor un ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Simon Sinek
Simon Oliver Sinek (born October 9, 1973) is a British born American author and inspirational speaker. He is the author of five books, including '' Start With Why'' (2009) and ''The Infinite Game'' (2019). Early life and education Sinek was born in Wimbledon, United Kingdom. Sinek’s mother, Susan, is Jewish and of Hungarian Jewish descent. As a child, he lived in Johannesburg, London, and Hong Kong before his family settled in the United States. He graduated from Northern Valley Regional High School at Demarest in 1991. He received a BA in cultural anthropology from Brandeis University. He studied law at London's City University, but left law school to go into advertising. Career Sinek began his career at the New York ad agencies Euro RSCG and Ogilvy & Mather. He later launched his own business, Sinek Partners. Sinek has written five books. '' Start With Why'', his first book, was published October 2009. His second book, titled ''Leaders Eat Last'', appeared on the best ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Starting Point
''The'' () is a grammatical article in English, denoting persons or things that are already or about to be mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with nouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of the archaic pro ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Frederick Kappel
Frederick Russell Kappel (1902–1994) was an American businessman.Kenneth N. Gilpin ''The New York Times'', November 12, 1994. He served as the 9th President of Western Electric from January 1954 until September 1956. He later served as chairman of AT&T from 1961 to 1972. He also served in the Johnson and Nixon administrations. Biography Early life He graduated from the University of Minnesota. Career He started his career at AT&T in 1924, working as a $25-a-week digger of telephone poles for one of its subsidiaries, the Northwestern Bell Telephone Company in Minnesota. In 1954, he became president of Western Electric, another subsidiary. In 1956, he was elected president of the American Telephone and Telegraph Company, later renamed AT&T. He also served as its chairman from 1961 to 1972. He served as chairman of the Business Council from 1963 to 1964. [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |