113319 Describe the basic environments (legal, social, economic) in which a business operates. Describe the basic environments (legal, social, economic) in which a business operates.
546170 Business Social Responsibility Business Social Responsibility Hope this helps - the attachment includes a picture. The four levels depicted in the pyramid of social responsibility are economic, legal, ethical and philanthropic.
In social analysis, the company has to analyze all the considerations of society into which it is operating its business or wants to operate the business.
Analyze the basic legal, social, and economic environment in which the organizations operate The legal environment is one where both the firms have to comply with labor laws, environmental laws, and taxation laws.
177342 Describe how different business organizations operate in the global legal environment Describe how different business organizations operate in the global legal environment The response addresses the queries posted in 781 words with references.
Business firms must be responsible towards the community and environment in which they operate their business.
Corporate Social Responsibility And Its Implications: The concept of corporate social responsibility (CRS) is the economic, ethical and legal expectations which an organization holds at a specific point in time.
With a broad level of legal rules and regulations, it governs the activities of business organizations that assist in the economic and social development. It supports the globalization, if it is followed by the organization effectively.
Economic responsibilities: The first criterion of social responsibility is economic responsibility. The business institution is, above all, the basic economic unit of society.
These are the major key factors that help in driving changes in the health and social care industry, which mainly includes the economic, regulatory, legal factors, social changes, political influences, as well as operational and legislative policies of