Business organization themselves are originated from social contracts, such as corporate law etc. thus I find it practical to apply when confronted with social responsibilities argument. ... Without any social contracts, it is virtually impossible to coordinate and ultimately benefit the community. ... Social contract theory can be useful when the basic concept of a mandatory duty runs into trouble when confronted with conflicting obligations. ... I do not argue that social contract is a perfect solution, but by cooperating with the related parties to develop a universal social contra...

• Word Count: 808
• Approx Pages: 3
• Grade Level: Undergraduate

Large private monopolies usually end up using their market power to produce below the socially efficient level and therefore are not allocative efficient. ... The contract length. Demsetz chose in his example a one-year contract. ... The problem of human asset is also bound to the length of the contract. ... The first part of this paper has emphasised the fact that franchising contracts...

• Word Count: 1848
• Approx Pages: 7
• Grade Level: Undergraduate

(Boyd, 2002) pointed quoted a point from (The Copenhagen Centre for Partnership Studies,2002) stating that Social Partners and Social Partnership can be defined as: Social Partnership can be defined as a tri or multi-partite arrangement involving employers, trade unions, public authorities (the state and/or local/regional authorities) and/or others (e.g. voluntary sector). Social partnership is usually concerned with areas of economic and social policy and might be based on a binding agreement or declaration of intent. ... Methodology The purpose of this study is to examine the Different ways...

• Word Count: 5360
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• Has Bibliography
• Grade Level: Undergraduate

Currently there are three predominate views on the purpose of business; the classic or stockholder approach already mentioned, the stakeholder approach, and the social contract approach. ... Social Contract Theory The third view on the role of corporations in making ethical decisions within a social context, is the social contract theory. Changing expectations regarding the social responsibilities of business have led to the emergence of a changing contract between business and society. The old "classic" contract between business and society represented the view that "economic growth was ...

• Word Count: 2501
• Approx Pages: 10
• Grade Level: Undergraduate

However, first the employment relationship itself must be examined, and the three dominating factors that determine this relationship, the economical, legal and social factors. ... Individual law refers directly to employer/employee relations and this is set out in an agreement known as the contract of employment. ... The most rapidly dominating force in the employment relationship is the social factor. ... When there has been a discrepancy in the employment contract, from either party, it is known as a breach of contract. ... However, the rights of both the employer and the employee are not s...

• Word Count: 2004
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

According to Richard Posner, within this right exists the notion of exclusivity from which no other party may intrude despite economic or social welfare arguments of compromised efficiency. ... The Coase theorem declares that regardless of initial property rights, contracts have the ability to return balance of rights between two separate parties assuming transaction costs are low. ... Relating issues of equity to Rawls, we are asked to assume a veil of ignorance and demand unanimous consent when entering into social contracts. ... The final result of the contract would ultimately provide equi...

• Word Count: 816
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• Grade Level: Undergraduate

Under the new administration, Dow was offered a possibility of a "Contract of Work" rather than the joint venture initially proposed. ... However, the government permitted a "Contract of Work". ... • Dow assured that the project would bring social benefits to Indonesia, like employment, education, and local business opportunities. On the other hand, the government assumes that those benefits were quite marginal and Dow's figures and assumptions were used throughout to calculate the private and social returns. ... As a member of the Chemical team, I would emphasize the economic an...

• Word Count: 1101
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• Grade Level: Undergraduate

However, this temporary employment fell with the crisis, with workers on temporary contracts, particularly temporary agency workers but also those on fixed-term contracts, being the first to lose their jobs. ... By mid-2010, temporary employment had increased in a number of countries, because in uncertain economic times newly employed are often hired on the basis of temporary contracts. ... However with the labour market weakened the housing and social conditions also deteriorated. ... Social Conditions Some people argue that the financial crisis has turned into a social crisis. ... Given ...

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However, these contracts were effectually breeding contracts and so, the "production" (i.e., the number of lambs and kids born) was not always the same year to year. ... These contracts between the herdsmen and the temple were more complex than a mere "give-and-take" relationship. ... Kozuh explains the nature of the relationship between the two spheres as "functionally connected, but socially and juridically separate" (Kozuh, 8). This meant that there was no fluidity between the two groups of participants under the contract. ... In addition to the Hikaru and errÄ...

• Word Count: 2449
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

The practice of outsourcing, for the purposes of this paper, can be defined as when a company contracts out a business function to a third party located in another country, usually in the developing world. ... Outsourcing companies may be given access to a wide range of confidential company information and employee/customer personal information, such as financial data, medical data, payroll and benefits information, social security numbers and purchasing histories. ... They are based on personal opinion (patriotism), and case studies of poor contract management. ... In regards to poor managem...

• Word Count: 1322
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(Greenstein, 1995) The GAO, as reported by Kirchner, determined that conversion costs were unacceptable and that Government agencies should plan for such situations with regard to forthcoming contracting... Relational costs encompass a myriad of problems to include: habitual, emotional, social, and psychological costs as well as benefit loss and cognitive effort. ... With a destination established, a fictional person prepares just as most people do when trying to arrange travel plans (social cost) and pulls up an online travel site. ... The traveller avoids a leg of the trip that involves a...

• Word Count: 1077
• Approx Pages: 4
• Has Bibliography
• Grade Level: Undergraduate

Critics say the new plan only keeps the economy from contracting faster than it would have without the plan. ... Unfortunately, the Japanese do not believe they have the political ability to allow the short-run social instability that would result from these kinds of policies, so the Japanese economy remains mired in the problems of its past. ...

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An allocation mechanism is a principal pillar of the Kuwaiti social contract. ... To quell any potential civil uprisings, the government maintained generous social welfare programs and introduced freshwater wells, electricity, roads, schools and hospitals to previously isolated and impoverished areas where trade, pearling and fishing were the norm. ... Additionally Kuwait distributes its rent through financial contacts with the merchant families, which ensures their loyalty to the regime through state contracts. ... Because of the prevalence of illiteracy and the low skill levels among Kuwait...

• Word Count: 1849
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

This report will discuss some highlights from their social structure, which have the potential to attract such candidates. ... A 99 percent literacy rate makes clear that education is a strong social value within the German society (Germany Online). ... RATIONALE: Clearly, education is a strong social value within the German society. ... Secondly, there is a resource of female workers in Germany to be utilized that will be beneficial to the company and the social structure as a whole. ... The goal is to recruit qualified personnel willing to transfer to Germany under contract-through inc...

• Word Count: 1095
• Approx Pages: 4
• Has Bibliography
• Grade Level: Undergraduate

The Ministry of Labor and Social Security issued the latest rate, which was 0.2 percentage points higher than at the end of last year. ... Laid-off workers from state-owned enterprises (SOEs) were not included, because they have labor contracts. ... China's labor and social security situation" (hereafter referred to as the White Paper) issued by the News Bureau of the State Council, said, "The aggregate number of stepped-down workers from state-owned enterprises in China totaled 25.5 million, of which 16.8 million managed to have rearranged employment." ... Catering, commerce and social s...

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The aim of the Shell group is to meet the energy needs of society, in ways that are economically, socially and environmentally viable, now and in the future. ... These are financial, political, legal and social/cultural influences. ... Legal influences are dispute resolutions; contracts; negotiated, mediated and arbitrated solutions; court solution; and patents, trademarks and copyrights. Social and cultural characteristics are a system of values, beliefs, rules, techniques and customs that are shared among a society's people. ... This offers a chance to provide social benefits currently...

• Word Count: 1675
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• Grade Level: Undergraduate

Lack of social infrastructure facilities like education and healthcare-There is an enormous shortfall in rural education in most areas, which hampers further expansion of the non-farm sector, particularly a skill-intensive, high-productivity sector, without improved educational levels. ... Peter Lanjouw and L.lanjouw (2000) The Casualization of Labor Contracts --Parallel to the decline in traditional labor services, village studies have also noted a decline in traditional farm labor arrangements. There has, first, been a noticeable decline in long-term patron-client relationships between e...

• Word Count: 2539
• Approx Pages: 10
• Has Bibliography
• Grade Level: High School

As recently as 2009, Greek government expenditures accounted for 50% of GDP, with 75% of (non-interest) public spending going to public sector wages and social benefits. ... So the economy contracted for two more years as the reform did not yield growth climax. ...

• Word Count: 875
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Rural people could not work in the cities and also were given no social security benefits (Meng, 3). ... As a result, China's government left rural residents out of the development of social security arrangements. ... Land is owned by the villages and contracted t to peasant households for farming. The peasants may not sell the land but have the right to sub-contract it to other or to hire labour to farm it, if the do not wish to farm themselves. ... Households are free to plan their production as they like and to dispose of their labour and products as they want to, once they have fu...

• Word Count: 2348
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• Grade Level: Undergraduate

Development in its essence must represent the whole gamut of changes by which the whole social system, tuned to the diverse basic needs and desires of individuals and social groups within that system, moves away from the condition of life widely perceived as unsatisfactory toward a situation or condition of life regarded as spiritually and materially better. Development is a physical reality and a state of mind in which society has, through some combinations of social, economic and institutional process, secured means for obtaining better life. ... Pakistan's Economic Performance The...

• Word Count: 2277
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• Grade Level: Undergraduate

In the U.S. political liberalism has been a strategy to prevent social conflict. ... Hirschman a influential economist states, "the discipline became professionally narrower at precisely the moment when the problem of development demanded broader, more political, and social insights. ... The fact that it overlooks anything that isn't related to economics and people are reduced to isolated creatures of the marketplace, devoid of history, cultural traditions, political opinions and social relationships beyond simple market exchanges. "The creation of this neoliberal system entailed much des...

• Word Count: 2010
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• Has Bibliography
• Grade Level: Undergraduate

Australia's economy holds familiarity to socialist features whereby it includes public ownership in production and distribution for maximizing social welfare. Government intervention is endorsed to maintain and regulate industrial relations, and provide subsidies and social service benefits. ... Singapore's economy has been on the increase since 2004 and has only contracted once by 0.8% in 2009 as a result of the GFC, but managed rebounded 14.8% in 2010, on the strength of renewed export. ... In 2010, Singapore launched two of the world's most expensive integrated casino reso...

• Word Count: 2267
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

This will result in further social, political and economic impacts all over the world. ... The Causes International human trafficking can be attributed to many causes, these include; low economic status and a low GDP in affected countries meaning the majority of the population are living in poverty, little political power over the population leading to higher crime levels and little retribution for those who are caught, and low social status of particular groups including discrimination and lack of respect towards these people. ... Social issues contributing to human trafficking in the world ...

• Word Count: 2490
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• Has Bibliography
• Grade Level: Undergraduate

Escobar concluded his article recognizing that for post-development to be a socially effective tool depends on how we assess the current state of modernity. He posits that we are moving beyond the paradigm of modernity, both epistemologically and socially. ... They particularly point out the success stories of the cooperative culture in Spain and the social/solidarity economy movements in Quebec to highlight post-development theory in action. ... Establishing a clear definition of the social/solidarity economy as deriving from collective entrepreneurship has allowed this movement to demonst...

• Word Count: 3546
• Approx Pages: 14
• Grade Level: Graduate

Keywords • PEST Analysis • Finolex industries limited (FIL) • American Society for Testing and Materials (ASTM) • Corporate Social Responsibility(CSR) Diversification and innovation 1. ... Social 4. ... Inflation rate 4.1.1.3 Social Factors Social factors include the demographic and cultural aspects of the external macro environment. ... Some social factors include: 1. ...

• Word Count: 1903
• Approx Pages: 8
• Has Bibliography
• Grade Level: High School