Business Environment and Social Responsibility

After going through this chapter, you will be able to understand:

  • the concept of the business environment and the social responsibilities of businesses

  • the reasons for an organization's responsibility towards society

  • the advantages and disadvantages of social responsibilities of businesses

  • the various issues related to the business environment

  • the use of various tools and techniques to analyse the business environment of organizations

Make Your Business Responsive to the External Environment

Organizations are open systems. Therefore, the external environment in which they operate is very important. Organizations need support from their environment if they are to survive and perform ...

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