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Running Head : CORPORATE MANAGEMENT AND THE SOCIETYCorporate Management and the baseball club (Your Name (Your SchoolCORPORATE MANAGEMENT AND THE SOCIETYThere drop been many changes that have been victorious place in the society and which are closely cogitate to the changes that have been taking place in the focusing of the tums . These changes have been reflected in various dimensionsOne of the changes that have happened in the society has been the fig out of new information technology which has affected the operation and management of corporations . There has been increasing move towards international business with corporation spreading their wings all over the introduction to sire multinationals . The rise of e-commerce has helped to increase the volume of business and it is estimated that the US gross domestic product may increase by 10 to 20 meg every year due to e-commerce E-commerce has helped consumers to make a localise transaction with the corporations in that locationby changing the supply chain and eliminating the intermediaries . I has led to decreased disintermediation and increase hyper mediation through the meshing or online intermediariesThere has been the evolution of the concept of corporate social tariff where corporations have realized the importance of giving back to the companionship the profit that they have shared . The earlier system of shareholder of maximizing profit has been replaced with a new surmise of stakeholder theory which shows that the company is not only responsibility to the shareholders but overly to the welfare of the workers , customers , suppliers , community , the government and all other stakeholders in the firm .

It is time managers stop leaning on the stakeholder theory which may appear immoral and unethical as it is center on the interest of the stakeholders and not of all those who make up the organization . No one desires to have another Enron in the makingIn opt promote the ethics at the workplace there has been increased trends of some employees taking the charge and blowing the whistle to the world of unethical practices that are going on in a corporation . In this regard there has to be a repercussion regarding the relationship of the whistle blowers with the employee . Although it may appear uniform a case of disloyalty to the company it is on the contrary since it is mean to instill ethics in the operation of the corporationThere are many changes that are taking place in the society and in the corporate world . Management in corporations should realize that the increased rate of globalization is likely to bring more changes in the business process and in the management and hence they should be prepared for the changesPAGEPAGE 3no . corporate management and the society...If you want to get a full essay, order it on our website: Orderessay

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