Race and Gender Essay Example | Topics and Well Written Essays - 750 words - 1

Race and Gender - Essay Example receptionists and clerks Francine (139). Labor market discrimination is the differentiation of the workers based on characteristics such as origin, race and gender. Such factors lack a role in the determination of an individual productivity. For example there are various forms most common being wage discrimination, where the discriminated group is paid less for the same kind of jobs. Another form of discrimination is the employment discrimination where by an individual is excluded from an occupation that is performed by a person with an equal productivity. A general misconception prevails that discrimination is only practiced by the employer. However research has proved that customer discrimination also exists in the market where customers prefer to transact with a certain kind of people. Human capital the concept of human capital recognizes that not all labor is equal and that the quality of employees can be improved in investing in them. Nobel laureate Theodore Schultz believed hum an capital was like any type of capital that could be invested into through formal education, job training, and geographic migration. For example statistics carried out in the US between the years 1970-2007 showed the gender differences in educational attainment. Beginning in high school tends to differ in types of courses taken and chosen specialization. Differences between men and women at the college level are more substantial and persistent Francine (152). Experience-Earnings profile is the assumption that holds that given the traditional division of labor in the family, women anticipate shorter and less and continuous work careers as opposed to men. Hence making them select occupations that require less investments in education and job training than those chosen by their male counterparts. Women tend to spend more hours on house work thus reducing the efforts they may put

Business and society Essay Example | Topics and Well Written Essays - 1000 words

Business and society - Essay Example It encourages operating a business in a way that meets the ethical, legal and social expectations of the society. The concept results in situations where organizations contribute voluntarily to make the society better and clean. The organizations integrate ethical values in the running and management of the company. Most business companies have the obligation of creating employment for the society members as a social responsibility. The expectations of the society have evolved over time to include the needs of all stakeholders. Corporations have the obligation of providing quality and safe products to their customers (Buchholtz & Carroll, 29). At the global level, they are required to meet the expectations of investors, human rights individuals, and environmentalists. At a country level, stakeholders include the government, employees, and suppliers among others. The government expects companies to pay taxes and provide safe working conditions for employees. The workers expect to get numerous benefits from the enterprise. These advantages include the provision of health care services for them and their families. Supplies expect ready market for the products they offer to the organization. Organizations have to commit to improving the economic development of the society by improving the lives of its stakeholders. Companies play a significant role in the enhancing the welfare of the community and its members. Stakeholder management improves the efficiency and effectiveness of research projects. Research projects are crucial to companies because they can put innovative ideas into reality. Living wages is an essential component to most corporations dealing in corporate social responsibility. Most stakeholders avoid the main aspects of social justice, and it permits them to look good without doing the public good. Firms are entitled to account