How AstraZeneca CEO corporate responsibility effect to the company

(5) Successful
risk
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management
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: - All businesses trade with the aspect of
risk
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. Though, effective ones have efficient
risk
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management
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systems in place to handle any procedures.
Hence
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, the effective
risk
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management
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should be considered in AZ, as they are not the only one
company
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offering non-profit vaccines during pandemic, and it has a competition with the Johnson & Johnson the US based firm. The vital
risk
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factor of competition of AZ, with J&J is that the J&J come with one jab. So, competitor underestimation and no
risk
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management
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identification
also
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violated by the AZ. (6) Inclusiveness, Participation and Corporate Citizenship: -
This
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stage of corporate governance involves two key phases: a
company
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working with community and eco-friendly responsibility as well as generating shareholders and workers from all experiences. So, the
company
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should have to agree with business proposals with the goods intention considering social responsibility without thinking off to improvement of themselves. The
company
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had agreeing to supply vaccines at the cost to gain
company
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reputation and experience through vaccination field.
This
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demonstrates the violation of social responsibility by the
company
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. Mr. Matt Hancock the health secretary, specified if the production based in America they won’t be agreed to supplies vaccines to NHS with protectionism led by the white-house.

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