Business and the social environment

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  • Created by: Yo
  • Created on: 24-03-14 21:29
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  • Social Environment
    • changes in the demographics
      • increase in immigration - skilled workers for lower wages
        • enlargement of the EU
        • selling products such as food targeted at immigrants
    • population
      • increase in the aging population
        • services have to be tailered to suit this demand
          • Toyota: creating autonomous car for the edler
    • growing concerns about the environment
      • execrising CSR can be a competitive ad
        • financial donations: grants to individuals, communities or charity
        • sponsorship: give money back to the community
        • business growth
      • ethic: moral judgement on a business behaviour
    • FTSE4 GOOD INDEX: fins companies that have good social responsibility standards

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