How the social resposibilities of ship management business managershas Essay

How the social resposibilities of ship management business managershas changed - Essay Example Their products must be safe to use and the environment to which the workers operate should also be protective. The ship business management managers have also deviated from that social responsibility embodied by the law to that relates to the people's customs and traditions at large with the sole purpose of providing/doing what the people need. Additionally, the business is now recognizing and appreciating people's human rights in interacting with the community. a) The Employees Employees form a major part of the company stakeholders. Unfortunately, this group is rarely looked into when it cares to awarding of benefits, salary increment as a whole. But the ship management business managers have started showing some form of social responsibility towards its employees in the following manner. (Davis and Blomstrom, 1975) a) Fair recruitment & selection exercise - The business managers have started hiring its workforce based on merit, traits exhibited during interviews etc. All the candidates are subjected to similar interviewing environments with the interviewer asking almost similar questions. There have been changes from; embarrassing questions to fair questions; seriousness to friendliness; general appearance to merit; subjectivity to objectivity. 2 b) Improved conflict management criteria - The managers have moved from competition/ authoritative command of conflict management to accommodating/smoothing style of managing conflicts. Competition/authoritative command is where managers used to be in co-operative but assertive. They used to work against the wishes of the employees, fight to dominate and force things to a favourable conclusion through the exercise of authority or power. The managers therefore achieved... They have a care with regard to ethics and moral responsibilities. The ship management business have moved from the traditional responsibilities of maximizing profits by reducing costs unethically and maximizing their revenues is more people oriented goals.Political systems greatly affect firms operations. The new part will have to cope with government strategies or development plans. Expansions of the new post development may be met with stiff resistance of the local authorities on grounds of different government plans on such expansion areas. In some nations, government set out certain rules and regulations regarding the health and safety of the working environment and the part development will have to adjust accordingly. (Griffin and Mahon, 1997)Influence the operations of the new part development.The interest rates in the economy keep on fluctuating and the new part development must adjust accordingly to this. It also has to adhere to the labour laws that exist in that business i ndustry. The economical situations also influence consumer buying behaviour and their bargaining power. The part development will have to re-adjust more during periods of recession than boom periods. In conclusion it is important for the new part development to understand the external environment to which it operates and adjust accordingly because this might have an effect on its resultant profits.