domingo, 6 de marzo de 2011

Fourth class notes

What is a documentary?
A documentary is something that represent and attempts the reality. However, in the film or in a movie the scenes are chosen without showing the scripted part as a whole. Most of the times people included are not actors. The objective of a documentary is not to develop a fictional story how movies does normally, but essentially to provide a realistic and true story by presenting facts and interviews.

According to http://portal.unesco.org/ci/en/files/24367/11757852251documentary_script.pdf/documentary_script.pdf Documentaries always try to deal with facts, not with fiction. Most importantly, documentaries show real events, real issues, real conflict, real people and real emotions. Basically, real life face all these kind of issues that a producer can present in a film as a documentary because of life existence and life actions that perhaps could be interesting for all the world.

Which is the difference between corporation and company? And make an example.

A corporation is under the law a legal person that is only concern about stakeholders to conduct business. I can argue that those corporations have some good and bad things that we as a society have to noticed and be aware of it. Corporations can make our lives better because they are very related to be responsible for human lives and other kind of issues that can make economy grows up in a wonderful way because of the big amount of stakeholders interested in invest and make a corporation the biggest one of all in a territory. However it can cause the loose of work for a lot of employees due to the entering corporation trying to buy everything and will ensure to their own people more work or even they are the only to have the right to choose their employees. Furthermore, employees can tend to be very upset and not interested in working hard because of the profit motivation; Corporation abuse most of the times of labor hand and they as a corporation take this advantage to be rich easily without care about employees.

There is a very important website that can help us understand a bit more the advantages and disadvantages of a corporation and realize better how it works. That is http://www.allbusiness.com/business-planning/business-structures-corporations/686-1.html , and I can say that since a corporation is a separate legal entity is very attractive to investors and there are a lot of advantages very interesting to carry out in being part as a corporation. Taking into account that shareholders do not participate in the operations of the corporations, they select directors who have the responsibility of managing everything. It does not mean that is easy to be part of, because it cost a lot of money to enter, and it is necessarily because of the corporation needs to be bigger everyday by investing.

The difference between corporation and company is that in a corporation the most important aspect is the limited liability (which means that shareholders has very low percentage of responsibility of managing the corporation and are not allow to make important decisions). That is, shareholders have the right to participate in the profits, through dividends, but are not held personally liable for the company’s debts, as i said before shareholders select directors to be able to manage everything. For the other hand, a company is similar a corporation but also is known as a proprietorship, partnership or other form of enterprise that engages in business. Consequently, I can say that an individual can own a company; A corporation is owned by several people, such us stockholders, business partners, group of people who has the possibility to invest, etc.
For instance Bancolombia represent a Colombian corporation due to it buys other banks in order to be more big and powerful every single day without any sort of competition around.

As a legal organizational model, how does the rise of corporations influence the aspects of culture in pursuing profit?
 Taking into account: “Organizational capital as competitive advantage of the firm. Gregorio Martín-de-Castro, José Emilio Navas-López, Pedro López-Sáez and Elsa Alama-Salazar. Departamento de organización de empresas, Universidad Complutense de Madrid, Madrid, Spain.” I can argue that  an organizational culture is a complex set of values, believes assumptions, and symbols that define the way in which a firm drives its business. The collection of values and norms that are shared by people and groups in an organization that control the way they interact with each other. Then, the rise of corporation influence a lot in the aspects of culture because stakeholders interact every single day outside the organization and since they are a legal entity they have the power to buy and make whatever they want with money investments because have the right to do so and obtain profits influenced by aspects of a specific culture and also may change a little bit the culture in a territory because of that power and the path of achieve the goals imposed at the begining. Furthermore, the rise of corporations should pursue the appropriate standards of behavior organizational members to take advantage of it and achieve the objectives.
taking into account the link, i can deduce that corporations sometimes can do well by doing good, more often they can’t. because in most cases, doing what is best for society means makes some sacrifices of profits. However, this do not happen a lot because they as a group of investors influence the aspects of culture to take advantage of it and get as much profits as possible. They try to assure good quality or effectiveness for society but at the same time the objective for them is profits at the expenses of others.

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