@liveankit

Social Responsibility... n an organization’s obligation to maximize its positive impact on stakeholders and to minimize its negative impact n includes legal, ethical, economic, and philanthropic (discretionary) dimensions Legal Dimension... n   refers to obeying governmental laws and regulations n   civil law: rights & duties of individuals and organizations n   criminal law: prohibits specific actions and imposes fines and/or imprisonment as punishment for breaking the law Ethical Dimension... n   behaviors and activities that are expected or prohibited by organizational members, the community, and society (not codified into law) n   standards, norms, or expectations that reflect the concern of major stakeholders Economic Responsibilities... n   how resources for the production of goods and services are distributed within the social system n   Do you think consumers favor socially responsible companies or are they most enamored with companies that maximiz

The year 2008 wasnt the fall of Roger Federer alone(never mind, i m sure he'll re gain number one slot, it ws just a bad year for him)... but the year led to the new mathematics in the GDP calculations too... Lets see the new trends in GDP: United States  The US economy shrank in the third quarter, falling at an annual rate of 0.3 per cent, possibly indicating a recession has begun Consumer spending, which accounts for two-thirds of the economy, crashed to a 28-year low in the third quarter. In United States and Japan, there is no scope for further reductions in policy rates. Fiscal policy and tax cuts may prove effective, says OECD. United Kingdom In Britain, there has been a fall of 0.5 per cent in the third quarter economic output. The Economic growth in the UK is expected to slow to 0.9 per cent in 2008 and further shrink by 1 per cent in 2009. The country is expected to be the worst hit in Europe. The European Commission has forecast that unemployment will rise from 5.3 per ce