Davis’s model is a list of 5 propositions that describe how and why businesses should adhere to the obligation to take action that protects and improves the welfare of society as well as of the organization: Proposition 1: SOCIAL RESPONSIBILITY ARISES FROM SOCIAL POWER. This proposition is derived from the understanding that a business has […]
Day: December 6, 2008
THE SYSTEM APPROACH
The system approach to management is based on general system theory founded by Scientist Ludwig Von Betalanffy. The main context of this theory is that to be able to fully understand the operations of an entity, the entity must be viewed as a system. A system is a number of interdependent parts functioning as a […]
MANAGEMENT INNOVATIONS 