Académique Documents
Professionnel Documents
Culture Documents
Environmental Dimensions
Economic Factors
Increasingly global context for trade, markets, resources Business expansion, product expansion Stock & bond market volatility and interdependency across international regions The rise of China and India
Technological Environment
Internet and telecommunication innovations Change in jobs, financial transactions, market operations Access to information
Political Environment
Rise of global terrorism Change in international coalitions Increased awareness of issues via electronic technology
Constantly changing/updating laws and procedures Changing standards for products, processes (e.g., ISI approval)
Legal Environment
Judicial actions against anticompetitive practices(MRTP act, competition act) Consumer protection (tobacco ) Corporate copyright protection
Demographic Environment
harassment Discrimination
Stakeholders
Secondary Stakeholders
Local community groups Special Interest groups Consumer groups Environmental groups Media Society-at-large
Should managers pay attention to the needs of these groups?
What are my core values and beliefs? What are the core values and beliefs of my organization? Whose values, beliefs, and interests may be at risk in this decision? Why? Who will be harmed or helped by my decision or by the decision of my organization? How will my own and my organizations core values and beliefs be affected or changed by this decision? How will I or my organization be affected or by the decision?
Ethical principles can result in significant competitive advantage Provides a framework that enables users to map and, ideally, manage corporation relationships (present and potential) with groups to reach win-win collaborative outcomes.