Organizations should comply with the existing cyber laws of the country in which they operate and protect the interest of the consumers.
Compensate our employees to enable them to meet at least their basic needs and provide the opportunity to improve their skill and capability in order to raise their social and economic opportunities. .
Organizations today experience rapid changes. With the advent of globalization, opportunities for greater growth and revenue have increased. With this comes a wide range of needs and expectations which must be addressed if organizations are to be successful. Clearly, the ability to manage change in this way is a critical skill required by leaders and managers in various organizations.
Thus, organizations should operate as machines in order to secure economic progress. This is the first major historical perspective of organizational change.
Social and cultural differences, regional demographic and economic factors of the environment can affect the opportunities of any U.S. company such as McDonalds, Starbucks, or GM Company to gain market share in a global market.
Do you think that Porter's Five Forces is a comprehensive tool for industry analysis? Macro economic forces.
Economic trends impact who is elected in office and passage of legislation (political and legal trends), the ability to produce and accept technology (technological trends), and beliefs and behaviors (social/culture trends).
Marketing Environment: The Spaghettios market is located in the United States which is the host country. The various aspects of the market to be taken into consideration are the political, social, legal, cultural and ethical differences.
The corporate's social/ethical responsibilities encompasses: * The environment it operates in * The employees with which it survives * The Market for which it exists * The community which provides it with the basics to grow Thus
This is related to first point in the sense that employees of the organization should be well trained and experienced to operate in cross cultural environment.
The external factors include: 1) Economy-The economic situation in the country in which a company is operating plays a large factor in how successfully the company is able to perform.
Contribution to Economic, Social and Environmental Development - the company, were possible, especially in the third world, in conjunction with #1 contribute towards building essential infrastructure to help their customers manage the environment and