Answer the 4 Questions in 1 or 2 paragraphs each. (Questions listed in Assignment

Answer the 4 Questions in 1 or 2 paragraphs each. (Questions listed in Order Instructions) - Assignment Example Examples are Germany and Sweden. 2. Social responsibility is a duty that needs to be done to society. Ethics on the other hand â€Å"refers to well-founded standards of right and wrong that prescribe what humans ought to do, usually in terms of rights, obligations, benefits to society, fairness, or specific virtues† (Santa Clara University). Organizational stakeholders are those entities that have interest in an organization which could include the stockholders, employees, government regulators, general public, funding institutions, international monitoring agencies and anybody who has an interest in the organization. Social consciousness today is generally driven by consumption and accumulation of wealth because the motivation why people do the things that they do is either to profit or to have something. 3. A corporation is an artificial being created by law â€Å"which permits a group of people, as shareholders, to apply to the government for an independent organization to be created, which then pursues set objectives, and is empowered with legal rights usually only reserved for individuals, such as to sue and be sued, own property, hire employees or loan and borrow money† (www.duhaime.org). Publicly held corporations issue stock certificates to be bought by the public to have an ownership in the corporation. The advantage of a corporation is that it could make additional revenue from the stocks it issued to its investors or stockholders. It also has a limited liability or its liability is limited only to the business. Its disadvantage is that it is difficult to manage and is prone to unethical business practices. Managing a corporation can be tough and complex because of its sheer size especially today when corporations are global in reach. It has to deal with many entities such as employees, government regulators, stockholders and competition. Corporations are also prone to ethical issues such as greed where

Information Systems and Software Applications Essay

Information Systems and Software Applications - Essay Example Marketing Information System (MkIS) implements softwares for the marketing department. It deals with activities related to compilation and investigation of marketing research information. It involves consumer response surveys, analysis of supply and deliverance of the product and an overview of profit. This information helps in marketing related decision-making (Marketing Decision Support System software, MDSS) like what improvements can be done in the product, should the cost be reduced or increased, should it be marketed through other types of media, and etcetera. CRM (Customer Relationship Management) software applications, which deal with the relationship between consumer and organization, â€Å"are used to increase the return on marketing efforts† (Harmon, 2003) through analyzing the history of customer-organization interaction. CRM systems give an analysis of consumer behavior toward the product through market monitoring and research. MkIS also facilitates sales labors a nd customer service and helps in the development of effective marketing strategy. Human Resources Information System (HRIS) implements human resources software applications that deal with â€Å"data entry, data tracking, and data information needs of the Human Resources, payroll, management, and accounting functions within a business† (Heathfield, 2010). HRIS records, manages, analyzes and creates reports relating to all kind of employee information such as enrollment, salaries, vacancies, attendance, vacations, bonuses and other personal information. HRIS integrates with the organization’s payroll and accounting departments for salary calculation. It also deals with applicants, their interviews and selection. (Ajayi & Omirin, 2007, p. 110) where this system is specifically called Decision Support System (DSS). MIS generates reports such as monthly and yearly financial statements,