1.
"Whether in politics or in business, leader of any group need to understand that learning to compromise is ultimately more important than winning"
"Whether in politics or in business, leader of any group need to understand that learning to compromise is ultimately more important than winning"
The statement Whether in politics or in Business, leaders of any group need to understand that learning to compromise is ultimately more important than winning is plausible to a certain extent. In business winning seems quite important since a successfull businessman thrives upon his ability to drive his firm or organisation in the right direction, which is also the case with politics, where a politicians ability to lead his party or workers to victory marks his ability to govern the party. A leader is the one who is in the driving seat for driving his party and organisation towards success. There are times when the hardest choices require strongest wills and learning to compromise sometimes for a cause which could benefit the organisation seems more important than winning. Winning is a mentality not a method which encourages any organisation to thirve upon. Every individual must equally contribute for the same since it is the individuals in any group or organisation which ultimately add up to the organisation's success and win. However one should at the same time not forget that sometimes compromising is more important than winning. Throughout the history there have been various examples which alleviate this claim. During India's war for Independence against the British colonial power, India's freedom fighters had to sacrifice many things to give India Its independence. In order to give India Independence the Indian freedom fighters had to compromise with their treasurs worth millions which the british rulers had demanded as a compensation. This ultimately resulted in India getting its Independence. Every individual has his own judgement which drives his decision for the same. We all should be more determined towards winning than compromising. However every situation demands for a different way of approach. Compromising for a cause which can later on lead to success seems more plausible than aggressively maintaining the position to win. Even in politics and Business people have to compromise sometimes as one can never be inevitable at winning. Having the patience to deliver is the key principle to winning. In conclusion the statement that leaders of any group need to understand that learning to compromise is ultimately more important than winning even in politics and business is true to a certain extent. Winning seems more important at times however, learning to compromise sometimes leads more important decisions than winning.
2.
Write a paragraph on "Corporate Social Responsibility".
Write a paragraph on "Corporate Social Responsibility".
Corporate Social Responsibility
Corporate social responsibility (CSR), in recent times, has become an integral part of business. The contribution of banks in this regard is of paramount importance considering their unique position in the economy. CSR activities by banks not only improve their own standards but also affect the socially responsible behaviors of other business. CSR is widely accepted as a strategically important issue for the sustainable growth and competitiveness of business now-a-days. Banking industry itself can also be benefited from the positive effects on the society as a whole particularly on its clients. Moreover, banks that mainly do business with the depositors' many can not avoid responsibility to the society. As the common people have to take care of banks in their bad days, banks must be ready to take care of the society as well. There are various incentives and regulatory bindings in developed countries to promote socially responsible behavior of business and a good number of financial institutions are showing positive response towards the society through philanthropy, employee empowerment, equitable social practices, safeguarding environment and doing social and environmental reporting. In our country. banks may play crucial roles in savings the environment, promoting human rights within the workplace and providing welfare through their financing policies. However, the status of CSR has not been satisfactory in many banks largely due to lack of awareness, poor enforcement of existing laws and inadequate pressure from civil society and government. In Bangladesh, most of the business house, particularly banks are not aware of the benefits of CSR. They have not integrated CSR in their routine operations; rather they considered it as a matter of occasional charity or promotional activities. The financial services sector plays a critical role in promoting sustainable development through its financial intermediation. By generating, allocating and pricing financing resources banks may greatly influence business practices. CSR programs of the banking sector of Bangladesh can mitigate inequality of income distribution and market failures through financial inclusion. In a developing country like ours with scarce resources, it is important to ensure efficient allocation of our resources. Besides fulfilling the ethical obligations, the banks can be considerably benefited from the new client bases created as a result CSR activities. In fine, it can be said that the growing CSR practices in the banking sector will lead to sustainable development and establishment of an equitable society in Bangladesh.
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