Question

Discuss the genesis, contributing factors, modus operandi, effectiveness in generating social pressure, the strategy followed by target companies along with allied aspects with two examples from Canadian mining, manufacturing, telecommunication or utility companies.

Answer 1

Canada is the developed country with a mixed Economy. The Service Industries contributes very high rate of GDP in the Canadian Country. The GDP ranks 10 among the highest GDP contributors in the World Economy. The Country has very Rich Power Resources. It stands as Fourth Largest Exporter of Gas and Petroleum among all other Exporters in the World.

Apart from earning many resource income from the Service Sector Industries, It adopts many Strategy to compact with the Social Pressure in order to regulate it in a such a way that the Governement should have a smooth Governance in ensuring Economic Opportunities to the Citziens of their own country. With Techological and Innovative Ideas, Industries in Canada gained huge profits. Such Profits are used for many welfare purpose. i.e. investing in building Schools, Dams, Infrastructure, etc.

The Main factors which are responsible to fill the gap lies within the Social Pressure are 1) Trade Liberalization. 2) Corporate Social Responsibility (CSR) strategy, 3) Propogating the idea of Shaing of best practices within the Service industries. 4) Giving full focus on Modern techniques by replacing it with the Old Techniques. 5) Collection of Less Taxes from the Industrialized Sectors which in turn effectively increasing the Purchasing Power of the People.

Agrium Inc and Gold Corp Inc. - First two best mining industries in Canada.

Power Corp and Magna International - First two manufacturing industries in Canada.

Rogers Wireless and Bell Mobility - First two Telecome industries in Canada