ADM 1301 Chapter 1: ADM 1301 Chapter 1.odt

• School: University of Ottawa
• Department: Administration
• Course: ADM 1301
• Professor: All

Document Summary

The rules, standards, codes or principles that provide guidance for normally appropriate behaviour in managerial decision making relating to the operation of the corporation and business"s relationship with society. An investor who has bought shares of a stock market. Someone who has a portfolio of shares in different corporations. Any who can influence or is affected by anything the business entity does. The way a corporation achieves a balance among its economic, social and environmental responsibilities in its operation so as to address shareholder and other stakeholder expectations. Corporate activities demonstrating the inclusion of social and environmental as well as economic responsibilities in business operations as they impact all stakeholders to ensure long-term survival of the corporation. The evaluation of the corporation"s performance according to a summary of the economic, social or ethical, and environmental value the corporation adds or destroys. An evaluation of corporation"s performance according to profits, people, and planet.