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Assignment : Introduction to Business Management

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Added on  2020-01-23

Assignment : Introduction to Business Management

   Added on 2020-01-23

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INTRODUCTION TOBUSINESS MANAGEMENT
Assignment : Introduction to Business Management_1
Table of ContentsINTRODUCTION...........................................................................................................................3TASK ..............................................................................................................................................3CARROLL’S PYRAMID CSR with example............................................................................3Ethical Issues...............................................................................................................................5Challenges and benefits of working as a team............................................................................5CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
Assignment : Introduction to Business Management_2
INTRODUCTIONManagement is a process of dealing with or controlling the things or people. It includesthe different activities for setting appropriate strategy of organisation and coordinating the effortsof employees to accomplish the goals and objectives by using appropriate resources. In themanagement of business six elements are included employees, operations, accounting so thatthey can make proper budgets (Ross, 2016). Along with this they have to use proper strategy,finance as well as marketing. The present report is based on Nike company which is amultinational corporation which engaged in designing, development, manufacturing as well asmarketing globally. In the below mentioned report, discussion based upon the CARROLL’SPYRAMID CSR with example. Along with this ethical issues should be identified which arefacing by Nike. Moreover, discussion on challenges and benefits of working as a team (Wirtzand et.al., 2016). TASK CARROLL’S PYRAMID CSR with exampleCarroll's Corporate social responsibility Pyramid is a simple and easy model which helpsin finding out that how business entities meet their social responsibilities. CSR is built on thefoundation of profit and the need of the business have to fulfil and for that they have to useproper laws and regulations. CSR also helps in meeting its ethical duties. Corporate socialresponsibility involves the conduct of a business so that they can earn maximum profit with theethical as well as social support (Hatten, 2015). Nike which engage in the design, development,marketing along with the sale of sports as well as lifestyle footwear and for fulfilling thecorporate social responsibility Nike have to follow CARROLL’S PYRAMID CSR model.Different layers in the Pyramid help managers in different type of obligations so that companycan attain the success. This model divides into four parts such as Economic, legal, ethical andphilanthropic responsibilities.
Assignment : Introduction to Business Management_3

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