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    External Environment in an Organization

    Political and legal environments involve federal regulations, government policies and laws to operate in the market and influences performance of the organization (Manteghi and Zohrabi, 2011).

    Business / Strategy and Business Analysis / Business and Industry Analysis / PEST Analysis » 501570

    Business and Society Responsibility

    467123 Business and Society Responsibility Business and Society Responsibility Hi, 2. Organizations take inputs from the society in order to operate, sustain and achieve success in the market.

    Business / Strategy and Business Analysis » 467123

    Social, Legal and Economic Responsibilities of Advertising

    543945 Social, Legal and Economic Responsibilities of Advertising Social, Legal and Economic Responsibilities of Advertising Hi, All organizations have a responsibility in the areas of social, legal and economic perspectives.

    Business / Marketing / Branding » 543945

    Corporate Social Responsibility (CSR), in my opinion, is most accurately illustrated in Archie Carroll's (1951) Four-Part Model of CSR which includes the following pyramid style of responsibilities: ? Philanthropic Responsibilities-according to Greek philosophers the term "philanthropy" means "love for your fellow human." The context of this meaning is used by organizations at their full discretion to "improve the quality of life of employees, local communities, and society in general. This aspect of CSR addresses a great variety of issues, including matters such as charitable donations, the building of recreation facilities for employees and their families, support for local schools, or sponsoring of art and sports events. " (Henningford et al, 2006) ? Ethical Responsibilities-This is where organizations are urged to do what is right, just, and fair according to all professional areas of conduct within the corporate framework. ? Legal Responsibilities- "The legal responsibility of corporations demands that businesses abide by the law and 'play by the rules of the game'. Laws are understood as the codification of society's moral views, and therefore abiding by these standards is a necessary prerequisite for any further reasoning about social responsibilities. In some sense, one might consider legal responsibility as a truism, which corporations have to fulfill just to keep their license to operate. However, one only needs to open the business pages nowadays to see that the ongoing coverage of corporate scams, scandals and lawsuits reveals that abiding by the law, not bending the rules and not cutting corners, can hardly be taken for granted in today's business world." (Henningfold, et al, 2006). ? Economic Responsibilities- Organizations have responsibilities with their shareholders to ensure that shareholders have an adequate return on their investment (ROI). Employees expect to be fairly compensated for services rendered or jobs performed within the confines of a safe and adequate working environment. Consumers demand high-quality product for a good yet reasonable price. This segment of CSR is a continuous cycle within supply and demand.

    "Carroll and Buchholtz (2000: 35) offer the following definition: 'Corporate social responsibility encompasses the economic, legal, ethical, and philanthropic expectations placed on organizations by society at a given point in time."

    Business / Business Philosophy and Ethics / Corporate Social Responsibility » 386385

    Social Cultural Legal and Political Influences Topics

    The legal requirements have a strong influence on business. There is a large number of laws relating to labor, registration, reporting, and taxation that businesses have to follow. These laws influence the manner in which businesses operate.

    Business / Business Law » 541112

    Corporate Responsibility and Ethics

    371403 Corporate Responsibility and Ethics Corporate Responsibility and Ethics Corporate Responsibility and Ethics Since firms and corporations operate in a social and natural environment, they become accountable to the natural and social environment

    Business / Business Philosophy and Ethics » 371403

    Global Organisations that Could Provide Economic

    For profit businesses can in return to setting up their own shop there can participate in few of these initiatives to improve the environment of the country in which they operate.

    Business / Strategy and Business Analysis / International Business Strategy / International Trade / The World Trade Organization (WTO) and the General Agreement on Tariffs and Trade (GATT) » 347483

    Business Policy and Strategy Making

    Political, legal, government Political factors define legal and regulatory frameworks within which a firm has to operate to protect employees, consumers, stakeholders and the environment.

    Business / Strategy and Business Analysis / Business and Industry Analysis / Boston Consulting Group Matrix » 513779

    Cohen and Drucker on Social Responsibility

    If in the current business context, organizations start following this basic approach, the environment would be one step closer to being greener. References: 1. Smith,C. (2010).

    Business / Human Resources Management » 613058

    Employment and Labor Law Influences

    To Robbins and Coulter, managers need exact information on the various tax rules in countries in which they operate to minimize their business' overall tax obligation.

    Business / Business Law » 549489