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Adam Bellow | Nepotism in American Business
Bellow discusses what he calls "postmodern" nepotism, comparing it to the commonly understood meaning of (now) old "nepotism." Whereas the Old Nepotism described parents hiring their own children or relatives, the New Nepotism refers to the practice of children using the parents' connections opportunistically to further their own careers.
-Postmodern nepotism, according to Bellow, looks like opportunism on the part of the
Community Responsibility
The duty of businesses and organizations to contribute positively to the welfare of the society and the environment in which they operate.
Stakeholder Responsibility
Stakeholder responsibility refers to the obligation of an organization to act in the best interests of all parties who have a stake in its operations and outcomes.
Benefit Marketing
A marketing strategy that focuses on highlighting the advantages or benefits that a product or service offers to consumers.
Profit Responsibility
An obligation to manage activities and resources in such a way as to achieve financial profitability for an organization.
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