Question

Critically assess the business environment and ethics present in an existing a local non-profit environment protection organisation

Answer 1

BUSINESS ENVIRONMENT AND ETHICS

Business Environment

Environment refers to surroundings or milieu in which a person or organization operates. it refers to all external forces, which have a bearing on the functioning of business.The business environment may offers opportunities or poses threats to firm for potential market exploitation. The business environment is basically classified as technological, economic, political, natural, global and social environment.

Assessment of Business Environment

It involves some steps :

1. Scanning, deals with general surveillance of environmental factors and their relationships. It helps to identify and detect the environmental changes.

2. Monitoring, involves tracking the environmental trends, streams of activities and sequence of events.

3. Forecasting, involves developing the projections of direction, scope, and intensity of environmental change.

4. Assessment, this element tries to answer the questions such as what are the main issues presented by the environment, and what are the implications of issues for the organization.

Business Ethics

The word ethics refers to rules or principles that define right and wrong conduct. Business ethics is concerned with justice and truth and has a variety of aspects such as expectations of society, fair competition, advertising , social responsibility, public relations and corporate behaviour in the home country and abroad. The business ethics may be categorized as Moral management, Amoral management and Immoral management.

Need for Business Ethics

1. Ethics helps in making better management decisions.

2. Ethics is important because the government and law cannot do everything to protect the society.

3. Ethics corresponds to basic human needs. It is human trait that man desires to be ethical, not only in his private life but also in business. These basic ethical requirement force the organizations to be ethically oriented.

4. If a business will be ethically and socially responsive will be honoured and respected.

The main ethical guidelines

1. Obey the law and order

2. Tell the truth

3. Upholds the human dignity

4. Always act when you have the responsibility.

5. Adhere to golden rule.

SUMMARY

Environmental ethics is concerned with a company's responsibility to conserve the environment in which it operates. Public awareness of destruction or damage caused by human action has driven a demand for governmental regulations directly affect the ability of business to conduct its operations.