The Relationship Between Businesses and the Social Environment Social and Ethical Environments – how have they changed? Effects of these changes on Business.

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Presentation transcript:

The Relationship Between Businesses and the Social Environment Social and Ethical Environments – how have they changed? Effects of these changes on Business Responses by business to these changes

Being Green To what extent do you think it is possible for businesses to behave in a ‘green’ manner? In what ways have supermarkets jumped on the ‘green’ bandwagon? Do you think it is a responsibility of large firms to behave in an environmentally responsible manner? Should the government intervene to force companies to meet environmental targets? Is there a conflict between environmental friendliness and consumerism? Report on Volkswagen – what did they do? What impact has this had? Do you think this was wrong? Why/ why not?

Environmental Issues What problems face us? Why do businesses care for the environment?

Environmental Issues Negative externalities: costs imposed on society by a firm Cost-benefit analysis: used in making decisions about large- scale investment projects (weighing up whether the benefits outweigh the costs)

How might government intervene to minimise costs on society?

To what extent is the need to protect the environment now more of an opportunity than a threat for businesses?

How do you think society has changed in the last 10, 20 or 30 years? How have demographics changed? What is the population? What is the life expectancy? Births? Where do people live? Ageing population?

How would the population characteristics and trends given for the UK in 2015 affect decision making within the following businesses / organisations? A large house builder Supermarkets NHS Schools A national newspaper Demographics

Corporate Social Responsibility

Where does CSR apply in business?

Ethics A code of behaviour defined as morally correct. Honesty with customers Protecting the environment Issues within the organisation Provision of accurate financial and other numerical information Product testing Whistleblowing

Ethics: Advantages & Disadvantages

Several businesses, such as Primark and Nestlé, have been accused of being unethical in recent years. Do you think it is essential for managers to take ethics into consideration when making decisions nowadays? Justify your answer with reference to Primark, Nestlé and/or other businesses that you know. (40 marks)

Task Look up ‘Business in the Community’ Find out what it is – what it promotes Look at the members they have How do they support businesses?

Plenary Ethical Dilemmas