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Business and Society How do Business and Society Relate Business and society are two closely related terms. The term “business” is most of the time perceived as “profit” and rarely thought about in connection with the environment where a business is supposed to be started. Yet, as technology keeps on evolving and the impacts of the changing world are more and more worrying, today we can only talk about business in society and entrepreneurs look for ways in which to make up successful business with least negative impact on the society and therefore the environment. Business and society are however connected both ways. On one side, business can lead to an improvement of the society as this means employing more people. This would lead to a decreased unemployment, paid taxes and happy employees who are able to provide themselves and their families whatever they need. The problems start when business is done irresponsibility and has a negative impact n the society. The main role of business is to basically create wealth for shareholders, employees and society and when it fails to do so, there is something wrong. Most of the businesses have now adjusted to the modern times and are conducted based on a set of values and principles which in the end help in avoiding things going wrong. Most of the companies have formally written values and principles and become more and more explicit by providing what we would call a framework for its behavior. These principles and values are situated however beyond the legal obligations that every company must respect. Actually, including social and environmental indicators in the economic and financial reports of a company has become a requirement of doing sustainable business in today’s economy. Companies nowadays seem to be more responsible in respecting this set of values and principles, which are in the end mutually supportive with the sustained profits. The number of principles and guidelines that are produced for business by different organizations both governmental and non-governmental are constantly increasing. Because companies face multiple demands in order to endorse their initiatives, they had to come up with ways on how to approach corporate responsibility issues in the most convenient way. As a result, some of the companies have developed their own business principles while others used external guidelines or codes as reference points. An institution that might regulate some of the codes on which businesses are endorsed with least effect on the society and environment is the ICC or the International Code Council. According to the ICC, the principles on which a certain business is conducted should reflect the same values that are listed in the ICC Business Charter for Sustainable Development, and also in the ICC Rules of Conduct on Extortion and Bribery in International Business Transactions.All these new rules, guidelines and principles are a result of the fact that today development is not enough anymore. Development must be nowadays sustainable which means that businesses should provide social stability for as long periods of times as possible and this is simple if they work within the framework established by the values and principles they agree to respect. Site Listings 4dresultsingapore.blogspot.com: 4D Result Singapore Check your 4D result. Singapore 4D Results. Keywords: 4d , 4d result , 4d results 4dresultsingapore.blogspot.com/ bitc.org.uk: Csr | Corporate Responsibility | Responsible Business | Sustainable Business - B Business in the Community stands for responsible business, csr, corporate social responsibility. www.bitc.org.uk/ foundation.no: Inspire Group Home - Inspire InSpire Group, InSpire Invest, InSpire Foundation for Business and Society www.foundation.no/ streetvendor.org: Street Vendor Project | Part Of The Urban Justice Center Part of the Urban Justice Center streetvendor.org/ accountability.org: Accountability | Setting The Standard For Corporate Responsibility And Sustainab Since 1995, Accountability has been providing solutions to the most critical challenges in corporate responsibility and sustainable development. Our widely-used AA1000 ... www.accountability.org/ aiccafrica.org: African Institute Of Corporate Citizenship Focuses on corporate citizenship practice through the development of tailored consultancy. Works with companies and organisations looking at the integration of corporate ... www.aiccafrica.org/ businessawards.com.au: The Australian Business Awards | 2011 The Australian Business Awards recognise Australia's industry leaders and the commitment to business and product excellence. www.businessawards.com.au/ bcccc.net: Boston College Center For Corporate Citizenship Education and research organization focused on the ways in which companies integrate basic social values with everyday business practices, operations and policies. www.bcccc.net/ ptoideas.com: Pto Ideas PTO Ideas helps schools build better parent-teacher organizations. It's an instruction manual for organizing events, planning fundraisers, and creating a sense of ... Keywords: educational challenge , fund raise , fundraiser , fundrasiing , parent teacher organization www.ptoideas.com Add Site or Add URL to Submit Site to the Business and Society Directory |