What Are the Factors That Have Led to the Increased

question 32

Essay

What are the factors that have led to the increased globalization of business and increased the importance of the IHRM function?

Understand the concept and evolution of corporate social responsibility (CSR) including different perspectives and definitions.

Recognize the arguments for and against corporate social responsibility.

Identify the role of businesses in societal and environmental issues.

Comprehend the relationship between ethical business practices, profitability, and social responsibility.

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Definitions:

Departmentation

Departmentation refers to the process of dividing an organization into distinct units, departments, or sections, each responsible for different functions or tasks, to enhance efficiency and management effectiveness.

Organic

Pertaining to or characterized by a natural, flexible, and adaptive approach to organization and management, often in contrast to more structured or hierarchical methods.

Matrix Structure

An organizational design in which employees report to multiple managers, typically combining functional and project or product-based structures.

Inter-role Conflict

A psychological stressor that occurs when the demands of multiple roles are incompatible, causing conflict between them.