Although Standard Chartered Bank is an international bank and countries tend to trust it for its international standards, but being such a widespread company they have had their ethical criticisms. Some of the unethical dilemmas that the company has faced over the years are- Credit card complaints- Recently SCB has been facing extensive disputes in Asia particularly in India and Pakistan regarding the marketing of their credit cards. Figure 1:1- Reduction of the use of credit cards The govern...
An understanding that a person develops from any kind of work is categorized under an experience that is reflected by an individual in varied forms. Individual reflection in simple is a personal experience working in a team. Individual reflection is one important way to portray regarding ones experience in working in the groups and gives ideas for a better outcome and ways with which difficulties can be overcome. Many organisations, especially academic institutions pay special attention to ga...
There is no single authoritative definition of CSR (ISO COPOLCO, 2002). Various definitions embracing a vast number of concepts traditionally frames as environmental concerns, public relations, human resources management and community relations were used to defined CSR. One of the most referred definition is by the World Business Council for Sustainable Development( WBCSD) ( 1999) that defines CSR as "the continuing commitment by business to behave ethically and contribute to economic develop...
FOODCHAIN has emerged as one of the most successful super market chain across several locations across the globe. The company had its inception 30 years back which initiated in the form of traditional grocery store. FOODCHAIN had its core operations in selling grocery items, meat, perishable and non-perishable items. Thus FOODCHAIN has been evolving itself in to the selling of food items and non-food items. FOODCHAIN had more number of distribution centre's 50 in number through which the prod...
Strategic management can be defined as an art & science of formulating, implementing and evaluating cross-functional decisions that enables an organization to reach its organizational or corporate goals effectively and efficiently. Leadership and Strategic Management have the most crucial linkages and it is important to note that strategy of an organization is developed through its leadership vision and organizational philosophy. Leadership and management are different approaches as managemen...
The most impressive thing I find about Southwest Airlines (SWA) is the history of the company. I really admire how Herb Kelleher fought to create SWA, even when everything and everyone was against him, and how his warrior spirit has shaped the organization´s culture and performance. Also it is very impressive to me how the company can be profitable with a low cost strategy. It is well known that airlines companies do not make any gain even with high ticket prices so it is really amazing to m...
Aspects of the political environment in India have played key roles that are through its austere trade policies, rules, and regulations. As we seen from case, in the past, the Indian government was viewed as unfriendly to foreign investors. Outside investment had been allowed only in high-tech sectors and was almost entirely prohibited in consumer goods sectors. The "principle of indigenous availability" is using material only in country for protecting Indian people. They will change followin...
The contemporary business environment everyone facing is constantly changing, but leadership skill is invariable. The success of developing brilliant leaders is of great importance for every company and consequently impacting on a company's future. This paper is explicating what is modern leadership, bringing out the key attributes and components of leadership from IT genius - Bill Gates and media titan- Oprah Winfrey, two different persons but reining top leaders in their beloved businesses ...
Tesco is the largest food retailer in the UK that offers a variety of services for non-food products to include insurance, entertainment, appliances and more. It employs over 440,000 people worldwide with more than 280,000 in the UK. It has more than 2,000 stores in the UK and a growing number of stores abroad in countries like Thailand, China, Hungary and the United States. Tesco is the largest private sector employer in the UK and offers a competitive package of pay and benefits for all job...
Strategic position of the company can be analysed with help of Porters Generic strategy, Companys culture. It identifies how the business operations and functions impacts on the carrier's customer relations and leaderships with regard to their overall strategy. Followed by critical analysis of strategic direction of company by using Ansoff Matrix, and Strategic clock and evaluating its feasibility, suitability, acceptability, sustainability. Ryanair an international air carrier was establishe...