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Executive Summary of Polycom Inc Visualizing Culture Case Analysis

An essential sign for power and financial strength-- American industrialism of extraordinary efficiency and wealth, the strength of constructing a country which is in current times the animosity of the globe. On the report of Milton Friedman, the terminology 'commercialism' has known to have extreme variable and highly relative meaning. Therefore, to some degree, the commercialism is a term of opprobrium which symbolizes the persecution of little modest organizations through callous prodigious monopolies; while, near others considers it as a hope that signifies men's freedom in order to form their own fates of economy. The releasing energy and ingenuity of human to raise the living standard of masses.

According to Charles Fishman, Polycom Inc Visualizing Culture Case Executive Summary is a giant story of success in America as transformative and a secret force in the economy of America. The Polycom Inc Visualizing Culture Case Executive Summary Result and a Decent Society elaborates the mega corporation's actions and take along the impact of their positive and unfavorable actions mainly on stakeholders. A concept has been promoted by the authors that if Polycom Inc Visualizing Culture Case Executive Summary and other mega corporations satisfy the expectations of civil society in the matter of social well-being, safety, health and the environment may act as a good example for moving the way business has actually been performed in the worldwide market i.e. to do well-- indeed, to do better-- by doing great.

Citation of Polycom Inc Visualizing Culture Case Executive Summary as the epitome of commercialism in America involves usage of definite examples together with astonishing facts and data for fuelling a captivating yet tantalizing concern--" How do we ensure that American industrialism creates a good society for everybody in the period ahead?"

For that reason, it is somehow thought about important for the establishment of what H. Lee Scott avoid during his use of term a decent society. Rather, a reliable idea school would perhaps describes a good society as a civilization i.e. defined through a jet set quality with superior power of buying and perfect conditions of economy which were started through the companies that achieve success in sustainability by displaying terrific standards of ethics and consistent transcending the CSR (Corporate Social Duty) limits to provide advantage to their neighborhoods at regional level. As an illustration, this type of society would concurrently thought to be balanced, progressive, efficient, competitive and without social evils.

The society's stalwarts regardless of the reality that push for constant development and advancement is anticipated to strongly promote the welfare of community. Such a sophisticated will of a society, in specific, constantly strive for development of products with eradicate inferior and work with those manufactured in an invalid way. Company in such type of societies are subjected to strenuous procedures of corporate governance. Efficient policies of federal government relate to the laws of anti-trust guaranteeing that monopolies neither exist nor develop.

Thinking about above discussed example of an ideal society, it appears relatable for measurement where there is a contrast of modern day in society of United States of America. The thing which is worried to be more confusing is based on the economy of capitalism including people who are responsible to make decisions on their own and have the right to handle standard resources required in efficiency and that in contradiction are the decisions which are followed to in a grander plan made under the organizational forms of non-capitalists by the government.

Such actual monopolist nature can not be found in the landscape of competitive capitalism. These all actions are in contradiction with the industrialism laws of America.

The concern is how come this matter can be solved for ensuring that for society the advantages are produced through capitalism while keeping checks of its negative impact? In result, the legal system of America failed in recognition of companies that might reveal potential development enough for domination of economy itself. The government of United States is at present competing to attain inflation of 2 percent to boost GD of the country through maintenance if continuous financial demand but mega-corporations such as Polycom Inc Visualizing Culture Case Executive Summary have policies promoting low product prices thus preventing the development. Reforms in the policies of federal government is one of the way through which these type of concerns can be significantly dealt with and likewise involves extinguishing artificially low costs. Efforts for interests protection of stakeholders and financiers, reforms of corporate governance requires to be examined periodically accounting for issues such as employment prohibited immigrants, low incomes, kid labour, and using doubtful basic materials.

The ethical standards are built on the properties of ethics that is a critical issue under taking all societies along with big companies who have the duty of maintaining high principles of standards in their operations of company. The commercialism approval is the best system of economy and the reward of larger profit compelling mega-corporations to comply.

The method of an organization for its stakeholders is considered as a considerable aspect in such battle. Historically, the requirement of mind-set was to get to the top of the large organizations that has run counter for point of view adoption of stakeholder in the worth development process. The requirement of large companies to catch sustainable worth at present to see value of stakeholders is crucial for the organizational development.

Conclusively, the issue of public law require government intervention. Moderately, the tightening up of laws of anti-trust is imminent but additionally the lack of info is supplied to people about present big capitalistic mega-corporations tend to be a substantial issue that requires to be addressed with abrupt impact. Execution of these actions will act as the nascent procedures followed to ensure that capitalism in America produces a decent society for all in forthcoming era.