The Mai Riang community bank was established in June, 1999 which was funds to support the operation of “Mai Riang Community Leader Council” through rendering assistance in order to earn a living of members that emphasized by sufficiency, so that each member is limited to borrow money mere 15,000 Thai Baht per person as well as to raise funds in the community to be proper with the needs of lending that is a resource management by the community members that as though self-reliance by helping each other. Thus, coordination, stability and progress of community bank are administered by the council who has trusted by community members as well as the council should know how to behave morally which includes honesty, sincerity, responsibility and transparency to work can be checked at any time.
Building trust to community bank among the community members through using the elemental virtues to guarantee fraud as well as the unity of the community members by working together under responsibility and teamwork. To create rules and regulations as a guideline in order to prevent from taking advantage and build the basis of work in progress because the community bank as a business is doing to the economy of the community, it is not for profit purpose. Due to the business in term of financial community is also a new initial business for community members whether shareholders and investors so that all parties can learn and practice carefully according to the Royal Initiative project which support and contribute to the community and its members that built the organization up to manage community resources by the community for the community because in the future, whether as a capital resource or productive resources derive from the natural resources w...
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...ng the production management is not systematic. The council has provided education activities through various means such as seminars, workshops, training and obseved activities so that the council has invited representatives from the public sector that concerned in such courses to train about the learning in the community.
Agriculture and environment within the community, there is a conservation campaign because the community has bulk qualities at agriculture chemical that is resources and environmental degradation in the community rapidly and drastically that cause the production costs has increased while products’ selling price has reduced. So there are ways of agriculture and environmental management such as using compost or bio-fertilizer instead of using agricultural chemicals, which can reduce production costs, then the product’s selling price, is also higher.
To begin, the farm actualized the production efficiency by using the smaller trees, which require less care as they grew much faster thus elimination equipment and service cost. Also, it helps to collect more crops in little amount of time, so these increasing the gains from output. Additionally, the new technologies performed a better job than the workers could do, simultaneously, decreasing the damage to the environment. And the organization enforced the cuts in labor costs by paying them the minimum according to their skills. Notwithstanding, the product differentiation is supposed to be their next focus. Due to the increased supply from the foreigners, large variety and decreased price, people are more concerned about the quality nowadays. Some of them choose organic but more expensive or others choose cheap but with a lower quality. In case of a farm production, people go there for the quality of the offered products. Also, as it stated in the article, people would like to alter their nutrition plans by including various fruits and berries. According to all these information, not only cut in the costs will benefit company, but also the advantage in the products over the competitors’. Another good choice to raise the profits would be to pair up with another farm, which produce another product at the lower opportunity cost, so then the farms can exchange the products
This interview conducted involved a local banking institution and their Chief Assessment Officer. For the purpose of this paper the subject will be referred to henceforth as participant 1. The location of the banking institution is located in a small to medium sized town in the upper Mid-West of the United States. No personal information was obtained as well as no pertinent financial data abstracted from the interview.
An enormous number of people visit a grocery store several times a week and buy chicken, but not many of them know that what they are buying were injected with various chemicals and prohibited from moving around in the farms, in order to make them bigger. This type of food production is called mass production, which uses a great amount of chemicals such as pesticide for crops and antibiotics for the livestock in order to guarantee rapid production, only focusing on maximizing the profit. Furthermore, the major companies are not revealing the process of manufacturing their goods clearly to the consumers. Consequently, mass production of food has caused problems in economic and environmental aspects of our society. Thus, as an alternative for mass production, local food movement is spreading throughout the world, mainly in the United States. Local food movement is the consumption of food that is produced within the region one lives. This effort in the food industry has its own benefits in terms of consumer satisfaction, economic cost, and protection of the environment.
...tive mode of agricultural production. Other global environmental impacts from industrial agriculture include soil erosion, salinization and water logging from irrigation, surface and groundwater contamination from pesticides and fertilizers, and the loss of cultural and biological diversity. The second phase is accelerating these unsustainable trends and is creating a global industrial food system that is highly fossil fuel intensive not only in the production sector, but in processing and distribution – where the average food item is more highly processed, more heavily packaged, and transported increasing distances. By contributing to increasing economic and social inequities at both national and international levels, this system also increases the risks of social instability. The need for more sustainable and socially just food and agricultural systems is clear.
The production activities draws from the environment in terms of water use, use of agricultural land, livestock etc. Ensuring efficient use and proper methods in terms of water recycling, water conservation, improving the quality of soil, proper livestock rearing are essentially for long term sustainability and hence could have an impact on the company’s financial well being.
The globalization of organic production provides hope for the future through the sustainability of the small farmer and the environment. An increase in profit margins will allow farmers who are struggling to survive against big corporations an edge. For the environment, this means sustainability of soil and biodiversity. It also means the elimination of chemicals that are harming water sources and the health of people. In the end, the globalization of organic production is a beneficial move whether organic foods are better for people or not.
In the book “Creating a World without Poverty” of Muhammad Yunus, he expresses and addresses an issue concerning on how to solve a problem about the poverty in the society. Muhammad Yunus focuses primarily on the different aspects concerning about human nature, problems with private enterprise, society's perspective concerning poor people, definition of Microfinancing, definition of Social Business, challenges confronted while opening the Grameen Bank, and lastly, the success of the Grameen Organizations.
Corporate Entrepreneurship can be seen as the process whereby an individual or a group creates a new venture within an existing organization, revitalizes and renews an organization ,or innovates. Zahra’s(1986) definition of corporate entrepreneurship suggests a formal or informal activity aimed at creating new businesses in established firms through product and process innovations and market developments,whereas sathe(1985) defines corporate entrepreneurship as a process of organizational renewal. Corporate Entrepreneurship has emerged as a much needed ingredient contributing towards the growth of any organization under a changing business environment.
Community development draws upon social theories to better understand the society around us. Community development is a structured intervention that gives communities greater control over the conditions that affect their lives. Community development works at the level of local groups and organizations rather than with individuals or families. Community development is a skilled process and part of its approach is the underlying belief that communities cannot be helped unless they themselves agree to this process. Community development has to look both ways: not only how the community is working at the grass roots, but also at how responsive key institutions are to the needs of local communities
Just ten years the world population not even close enough to 4 billion. But now according to several research’s there are more than 7 billion people all over the world and the number is still growing in several growing countries. Human basic needs also come with the increase of population growth. Food, cloth and shelters are the tree main basic needs of human being. in order to meet those need farming industry, clothing and construction also need to increase their production. According to the study just here the US farming contribute 20 % of the carbon emission on the environment to the nation and industrial farming contribute 12 % of the world carbon emission due to its use of pesticide, fertilizers and others products which use in the
Agriculture is one of the most ancient forms of art and science that ties human development and well-being to natural resources and ecosystems. (Fritz J. Häni, 2007) Sustainable Agriculture is the production of food, fibre, plant and animal products using farming techniques that protect the environment, public health, human communities and animal welfare. (Sustainable Agriculture - The Basics, 2015) Sustainable agriculture is an integrated system of plant and animal production practices having a site – specific application that over the long term will:
The study is primarily designed to find out the continuous issue of the banking system in
It is a known fact that the banking industry plays a huge role in today’s society, the industry has grown rapidly of many decades and still growing. The banking sector is that sector of the society that is actually responsible for the handling of financial assets for other sector of the economy, they do this by investing the financial assets in order to create more wealth in the society while regulating all the activities involved in the process. (What is the banking Sector 2015)
A variety of groups are concerned in bank profitability for various reasons. The bank shareholders would want to know if the value of their investments is high or low. The investors also use current and past performance to predict future price of the banks’ shares traded on the stock exchanged. The management of the bank as trustee of the shareholders is evaluated and compensated on the basis of how well their decisions and planning have contributed to growth in assets and profits of their banks. Employees of bank also are concerned with profits, since their salaries and promotions are frequently tied to the profitability performance of their banks. Depositors use bank performance and profitability as indicators of security for their deposits in the banks. Finally, business community and general public are concerned about their banks’ performance to the extent that their economic prosperity is linked to the success or failure of their banks.
Government as the highest institutional department also needs to support this program. Giving a full attention and strict organize can be a good way to control the quality of the village’s development.