External Environment and Social Responsibilities
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This paper examines how a big influence on internal business environment is the external environment and how no business can choose to ignore the outside factors, if it aims to succeed in the today's corporate world. In particular, the paper looks at how important in the external environment are the social and cultural values that have to be followed and respected by the businesses. The writer explains that if a business does not follow the social values of the country, it will face legal action and will have to shut down. The paper further examines how social environment is linked with the business's legal, ethical and discretionary policies.
From the Paper:"Another very good example of a company who never ignores its social responsibility is Boeing. The Boeing Company has integrated ethics into the corporate culture, encouraging all employees to make personal integrity in a way of life. Boeing's ethical structures that promote ethical behaviors include Ethics and Business conduct committee. The purpose of this committee is that it looks at the business activities and makes sure that the business is not involved in any activity that is against legal practices, social norms or any other activity that might anger the people. This shows that Boeing is fully away that they cannot succeed until and unless they give full importance to the social environment and if they don't follow the social responsibility. The company has always given full importance to what is happening outside the country and always complied to the social, legal reforms. They have also made it very clear that they will not fire workers to replace them with machines. Although, mechanization in the USA is becoming very common but Boeing does not want to fire worker and hence they are ignoring the technological change to keep themselves socially responsible. (Shea, 1988)"
Sample of Sources Used:
- Geraldine Brooks. "Shell's Nigerian Field Produce Few benefits for Region's Villagers". The Wall Street Journal (1994)
- Richard L. Daft, Management 4th Edition. The Dryden Publishing (1997):
- Ian Hobday. A First Course to Economics. Pearson Educational (2001)
- Gordon F. Shea, Practical Ethics. New York American Management Association (1988)
- Peter Stimpson and Paul Borrington. "GCSE Business Studies:, Cambridge University Press (2001)
Cite this Research Paper:
External Environment and Social Responsibilities (2012, November 25) Retrieved August 14, 2022, from https://www.academon.com/research-paper/external-environment-and-social-responsibilities-152054/
"External Environment and Social Responsibilities" 25 November 2012. Web. 14 August. 2022. <https://www.academon.com/research-paper/external-environment-and-social-responsibilities-152054/>