Term Paper on "Labor a Cost for a Corporation?"

Term Paper 5 pages (1450 words) Sources: 0

[EXCERPT] . . . .

labor a cost for a corporation? Explain.

To be able to estimate the cost of projects that is to come up in future is crucial for the continuance of any business. The people, who calculate the cost, prepare the cost data that proprietors or executives require to make a tender for an agreement or to find out whether a new project that has been planned will be able to generate profits. They even find out which ventures are generating a profit. Not considering the industry where they are engaged, the assessors tabulate and evaluate data on every factors that is able to affect the costs like materials, place, needs for special equipment as well as computer hardware and software. (Cost Estimators)

Labor is even regarded as an element of the cost of projects of any company, as in a consumerist economy, labor is considered as a product, and so the worth of labor is the cost of production of labor, calculated in labor hours. (Elements of the Labor Theory) Considering as a universal issue, Adam Smith imagined that the quantity of labor necessary to manufacture the products would govern the rate at which they can be bartered for each other and consequence on that they would be regarded as a cost. (Adam Smith and the Labor Theory of Value)

2. Explain the difference between the classical ideology and the modern concept of corporate social responsibility?

In fact, even if the proposed culmination of traditional English Liberalism, from Smith to Bentham, Ricardo and Stuart Mill, was to attain the general welfare by the unseen action of numerous small enterprises, the entrepreneurs' tainted ideas and administrations, constituting large trusts and making themselves rich at the cost of other shareholders. It took the stabilizing effect of post-war's Welfare State, during the 1950s and 1960s, when Darwinian Capitalism was sarcastically promoted regarding the survival of the fittest at the period when a good number was not prepared to contend on same footing was temporarily dumped. (Corporate Social Responsibility: Concepts and State of CSR)

Regrettably, political aspirations and red-tape slowly swept away the government's short-lived resolve to satisfy their authoritarian duty and project as the "balancing agents" to have a command over the expected extremes of the market system and, taking into account the rejection of the gold standards by the United States, we embarked on our approach to the ostensible post-modern globalization. In this manner, nearly everybody at the moment experience a zero-sum game philosophy in which the international corporations enjoy immense benefits. These massive financial behemoths more and more look like, by way of endless amalgamations and buying and their routine business performance, the giant trusts of the nineteenth century of the spice cartel of the mercantile epoch, and control in several ways the policies of the governments in the world. (Corporate Social Responsibility: Concepts and State of CSR)

3. How does the story of McDonald's and British activists illustrate the difficulty of resolving conflicts between corporations and critics?

During 1989 and 1990, two British crusaders, Helen Steel and Dave Morris had circulated handbills in the streets of London entitled "What's Wrong with McDonald's?" condemning the U.S. established food chain of vending unwholesome food, damaging the environment and using children through its advertisements. After losing the long-drawn legal battle against McDonald's seven years back, they were following their case tabled before the European Court of Human Rights in Starasbourg during the first week of September, 2004. The alleged "McLibel" hearing was known to be the most lengthy in the legal chronicle of England, continuing for 314 days when the High court judge Rodger Bell gave the verdict that the handbill was basically false. 100 million pounds was stated to be spent by McDonald's to follow the case. Steel aged 39, and Morris aged 50 both of them hailing from north London and jobless, have not paid the indemnity till date. This reveals delaying the rift between the British campaigners and MacDonald's and the dilemma of settling the clashes between businesses and detractors. (Marathon 'McLibel' case moves to European rights court)

4. "The business of business is business. And a business that does its business well within the law and operating ethically is socially responsible." Do you think a company that operates in this manner is socially responsible? Why or why not?

A lot of social evils… READ MORE

How to Reference "Labor a Cost for a Corporation?" Term Paper in a Bibliography

Related Term Papers:

Federal Contracting Activities Research Paper

Federal Contracting

Give a brief overview of the history and background of the company. No more than one (1) page.

IBM is arguably one of the most historic and storied… read more

Research Paper 5 pages (1689 words) Sources: 5 Topic: Business / Corporations / E-commerce

---

Starbucks Coffee Company Process Costing Report Essay

Starbucks Costing

Process Costing at Starbucks

Process Costing

Process costing is a method of determining the cost to a company for each unit of output they produce within a certain… read more

Essay 4 pages (1164 words) Sources: 3 Topic: Business / Corporations / E-commerce

---

Corporations Send Out Messages Dissertation

Corporations send out messages constantly -- through ads, commercials, websites, quarterly and annual reports, job postings on Monster.com, memos tacked up on lunchroom bulletin boards. The audiences for these different… read more

Dissertation 38 pages (10552 words) Sources: 42 Topic: Communication / Speech

---

Labor and Collective Bargaining Term Paper

Labor and Collective Bargaining

Federal Government Resistance to Collective Bargaining - Supporters of the Public Safety Employer-Employee Cooperation Act or HR 980 assumed that this legislation would enhance and increase… read more

Term Paper 10 pages (4253 words) Sources: 1+ Topic: Career / Labor / Human Resources

---

Costing the Analysis Research Proposal

Costing

The analysis is based on the Nippers case, where owner Mrs. Dibsa is presented with the opportunities of expanding her business, maintaining it as it is or selling it.… read more

Research Proposal 10 pages (2854 words) Sources: 7 Style: Harvard Topic: Business / Corporations / E-commerce

---

View 100+ more related papers  >>