It can be quoted as, the proper coordination with the cultural and social norms is basic essential requirement for the success of the company or not.
The environmental factors that affect the restaurant industry in which the McDonald's is operating are: political factors, economic factors, technology factors, social-cultural factors and legal factors (Wheelen & Hunger, 2001).
in the industry and general economic environment in which an organization operates.
Cisco's Social Responsibility It aims at empowering individuals and organization especially in the areas of education, healthcare, economic development, and basic human needs.
Social responsibility involves operating in a society or environment not only to gain or increase profits but to do so in accordance with legal and ethical standards therefore making a positive contribution by adding to the value of life in an area of
To manage the diverse workforce environment the organizations are needed to adapt legal, social, cultural, ethical business environments of the international business environment.
Coca Cola has to operate within the framework of the prevailing legal environment.
Labeling "strategic" you expect it to operate on the grand scale and to take in "the big picture" (in contradistinction to "tactical" planning, which by definition has to focus more on the tactics of individual detailed activities).
The economic, social and cultural rights, which are incorporated in the UN Declaration of human rights, grant the citizens with the basic rights.
Organizations keep themselves updated about the legal issues required throughout the supply chain. Another major force to consider is economic factors.