Corporate Social Responsibility of China Telecom Dissertation

Corporate Social Responsibility of China Telecom - Dissertation Example Center of discussion in this paper is Corporate Social Responsibility (CSR) that has become a corporate custom. The CSR has been defined as the inclusion of social and environmental concerns into business actions on a voluntary basis. The main purpose of CSR practices is to mitigate the concerns of various internal and external stakeholders and shareholders. The stakeholders have been defined as those who have stakes or interests in companies’ actions and processes. The internal stakeholders include employees. Normally, employees always prefer that their stakes such as rise in salaries, bonuses and fringe benefits must not be violated and they should be appropriately satisfied. The external stakeholders include regulatory authorities, suppliers, financial institutions, local communities, customers, competitors and physical and geographical environment. The regulatory authorities want that the companies must always be transparent and they should comply with the relevant regulat ory requirements. In addition to that, the regulatory authorities expect that the companies should remain responsible corporate citizens. The suppliers expect that the companies must not delay or violate contract terms and they should always process timely payments so that they also become in a position to sustain business relationship with them. The financial institutions want that the companies to pay their outstanding debt and interest payments; the financial institutions always extend credit facility after financial evaluation of the financial statements of the companies.... plifment 50 Supporting Public Events 52 Spreading Healthy Information 52 Guaranteeing Emergency Communications 53 Caring for employees 55 Environment Protection Practices 58 Summary 64 Conclusion and Recommendations 66 References 70 Introduction Corporate Social Responsibility (CSR) has become a corporate custom. The CSR has been defined as the inclusion of social and environmental concerns into business actions on a voluntary basis. The main purpose of CSR practices is to mitigate the concerns of various internal and external stakeholders and shareholders. The stakeholders have been defined as those who have stakes or interests in companies’ actions and processes. The internal stakeholders include employees. Normally, employees always prefer that their stakes such as rise in salaries, bonuses and fringe benefits must not be violated and they should be appropriately satisfied. The external stakeholders include regulatory authorities, suppliers, financial institutions, local co mmunities, customers, competitors and physical and geographical environment. The regulatory authorities want that the companies must always be transparent and they should comply with the relevant regulatory requirements. In addition to that, the regulatory authorities expect that the companies should remain responsible corporate citizens. The suppliers expect that the companies must not delay or violate contract terms and they should always process timely payments so that they also become in a position to sustain business relationship with them. The financial institutions want that the companies to pay their outstanding debt and interest payments; the financial institutions always extend credit facility after financial evaluation of the financial statements of the companies. The local

Challenges of Mid-level Management Essay Example | Topics and Well Written Essays - 1500 words

Challenges of Mid-level Management - Essay Example Professionalism is required in the health care sector, as with any other field present in modern time. The code of ethics that run every business should be transferred to fields in the health care environment (Jonsen, Siegler & Winslade, 1998). This is to prevent the rise in cases of breach in contract between clients and their care givers. This paper will examine challenges that mid-level management faces when it comes to ethics in the health care environment. Management in many organizations have a daunting task of checking on what their employees do at every turn. However, they should be at the front trying to ensure that the ethical codes in the working environment are followed (Jonsen, Siegler & Winslade, 1998). In doing so, their subordinates will be keen on continuing the trend, making the working place an ethical environment. Furthermore, it will be possible to have a truthful and honest nature among professionals in the field involved (Ransom, Maulik & Nash, 2005). It is imp erative for management to balance between the organization’s needs and their clients’. Failure to do this may imply that there is lack of ethical standards in the organization, leading to a lack of faith in the system (Wheatley, 2006). All decisions made by administrators must be weighed carefully. This is to provide a lasting positive impact on the organization’s revenue, its staff, and patients. This is a tough duty, but one that must be carried to completion, without fail (Wheatley, 2006). One of the core issues that affect health care administrators is the conflict of interest. Here, administrators are brought or weighed down by the fact that; their relationship with financial institutions may force them to make decisions that do not cater to their patients’ desires and wants (Ransom, Maulik & Nash, 2005). This is often seen with the insurance policies that cover patients once they are in for severe cases that warrant medical attention (Jonsen, Siegle r & Winslade, 1998). It is also a common occurrence to see physicians and professional doctors getting into pacts with these financial institutions, which coerce them into getting capital for their institution through patients (Wheatley, 2006). This is sometimes seen through continuous tests and procedures that are unnecessary, and prove costly to the individuals involved. It is up to the health care administrators to restrain and warn physicians from entering into pacts with these financial institutions (Jonsen, Siegler & Winslade, 1998). This is with a rise in the ethical dilemmas the administration is being put through, and the challenge that faces mid-level management in the health care field, in the 21st century (Wheatley, 2006). Another frightening task that comes up is the need to provide appropriate medical care, over the cost of management. Nowadays, it has become common practice for parties in the health care sector to react to the changing economic climate (Fletcher et al . 1997). The weak economy, for example, has a number of non-profit organizations turning uninsured patients away, or even refusing to aid in organ transplant (Morrison, 2011). These financial pressures that emerge daily are restricting the provision of health care services to all, and the non-adherence to the ethical obligations that bind every physician in the field. Systematic policies need to be implemented in hospitals. This is to prevent organizations from taking advantage of individuals who are