Political Environment[1]

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Business Économie & finance

Business Environment Political Environment

Political Environment of Business ,[object Object],[object Object],[object Object]

Accountability and Politics ,[object Object],[object Object],[object Object],Policy Makers Providers People

Anatomy of Corruption Political Enterprise Level Petty Level

Effect of Politics on Business Environment ,[object Object],[object Object],[object Object],[object Object]

Business Ethics ,[object Object],[object Object],[object Object],Injustice Law Ethics Morality Customs

Corporate Social Responsibility Customers Government Employees Suppliers Society Shareholders Company

Principles of Social Responsibility in Business Yourself Law Shareholder Employees 1 2 Local Community Ad Agency Suppliers Auditors

Examples of Politics affecting Businesses ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Conclusion ,[object Object],[object Object],[object Object],[object Object]

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PESTEL Analysis - Manu Melwin Joy - School of Management Studies, Cochin Univ...

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conomic Environment refers to all those economic factors, which have a bearing on the functioning of a business. Business depends on the economic environment for all the needed inputs. It also depends on the economic environment to sell the finished goods. Naturally, the dependence of business on the economic environment is total and is not surprising because, as it is rightly said, business is one unit of the total economy. Economic environment influences the business to a great extent. It refers to all those economic factors which affect the functioning of a business unit. Dependence of business on economic environment is total — i.e. for input and also to sell the finished goods. Trained economists supplying the Macro economic forecast and research are found in major companies in manufacturing, commerce and finance which prove the importance of economic environment in business. The following factors constitute economic environment of business: (a) Economic system (b) Economic planning (c) Industry (d) Agriculture (e) Infrastructure (f) Financial & fiscal sectors (g) Removal of regional imbalances (h) Price & distribution controls (i) Economic reforms (j) Human resource and (k) Per capita income and national income Credits : Christ uni.

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Technological change can have impact on the decisions taken by international business. Technological change can involve: New process of production: new ways of doing things which rises productivity of factor inputs, as with use of robotics in car assembly techniques which has dramatically raised output per assembly line worker. For example around 80% of technological change has been process innovation. New products: For example, online banking and many new financial services are direct result of advances in micro processor based technologies.

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Withdrawal of Legal Tender Character of the old Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- Why is this scheme introduced? The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons, the fake notes look similar to genuine notes, even though no security feature has been copied. The fake notes are used for antinational and illegal activities. High denomination notes have been misused by terrorists and for hoarding black money. India remains a cash based economy hence the circulation of Fake Indian Currency Notes continues to be a menace. In order to contain the rising incidence of fake notes and black money, the scheme to withdraw has been introduced. What is this scheme? The legal tender character of the existing bank notes in denominations of ₹ 500 and ₹ 1000 issued by the Reserve bank of India till November 8, 2016 (hereinafter referred to as Specified Bank Notes) stands withdrawn. In consequence thereof these Bank Notes cannot be used for transacting business and/or store of value for future usage. The Specified Bank Notes can be exchanged for value at any of the 19 offices of the Reserve Bank of India and deposited at any of the bank branches of commercial banks/ Regional Rural Banks/ Co-operative banks (only Urban Co-operative Banks and State Co-operative Banks) or at any Head Post Office or Sub-Post Office. District Central Cooperative Banks (DCCBs) can allow their existing customers to withdraw money from their accounts upto ₹ 24,000 per week. No exchange facility against the specified bank notes (₹ 500 and ₹ 1000) or deposit of such notes should be entertained by DCCB’s. The Reserve Bank has accordingly advised all banks to permit withdrawal of cash by DCCBs from their accounts based on need.

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A political system is basically the system of politics and government in a country. It governs a complete set of rules, regulations, institutions, and attitudes. A main differentiator of political systems is each system’s philosophy on the rights of the individual and the group as well as the role of government. Each political system’s philosophy impacts the policies that govern the local economy and business environment.

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Bribery is an age-old social scourge that found in all societies and its dangers are affecting the individual, society and the state alike. It is considered a corrupt crime and if it managed to spread into the body of society, it corrupts all aspects that society. Bribery, as defined by the scholars, is the trafficking of a job, through the deviation of the employees in the performance of their work which is in the public interest, in order to achieve (their personal interest) through the illegal gain of the job . In fact, the spread of bribery weakens the confidence of the community members in the integrity of the public authority, the violation of equality among citizens and provoking hatred and antagonism. The impact of bribery is not limited to social and moral matters, but extends to the political and economic level of the state, so all government laws criminalize bribery in all its forms and protect its government agencies from this deadly poison. Moreover, the bribery does not stop at obtaining money or benefit, but it goes to beyond that such as getting the position or the work not deserved by employee, which leads to waste of time, energy and competencies, as well as the weakening of production, which affects the economy of the nation. Why does bribery exist in organizations? First: Political reasons; it is known that bribery is a common disease in most political systems. It is not limited to developing countries, but it practiced in developed societies, albeit at a lower rate. In other words, the more urbanization and progress in the country, the less the deviation. The greater the backwardness and ignorance, the greater the deviation in all its colors and images in the state. The rate of bribery is high in political systems that lack democracy, transparency, and accountability. Its employees do not have freedom of expression, and there are no free media outlets capable of hiding facts and showing corruption. It also helps to spread the bribery within the weakness of the judiciary, which seems to have lost its independence from the legislative and executive branches, which leads to lows that do not apply to everyone, and that are people above the law according to their political and administrative positions. Second, administrative reason; many administrative departments suffer from the spread of the phenomenon of bribery, due to many reasons, the most important of which is the weakness of administrative procedures through the vagueness of laws and regulations in governmental organizations and agencies, the existence of Red tape, bureaucracy, and nepotism. In addition, weak control and lack of effectiveness and lack of more qualified cadres, and failure to place the appropriate person in the appropriate place that leads to the exploitation of the position to reach higher positions and win the privileges that he / she is not worthy of . Third, economic reasons, the economic factor is one of the most important factors leading to ...

Bribery is an age-old social scourge that found in all societies and.docx

Bribery is an age-old social scourge that found in all societies and.docx

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©2019 Business Ethics Quarterly 30:1 (January 2020). ISSN 1052-150X DOI: 10.1017/beq.2019.38 pp. 139–153 Commentary Prioritizing Democracy: A Commentary on Smith’s Presidential Address to the Society for Business Ethics Abraham Singer Loyola University Chicago Amit Ron Arizona State University ABSTRACT: In his 2018 presidential address to the Society of Business Ethics, Jeffery Smith claimed that political approaches to business ethics must be attentive to both the distinctive nature of commercial activity and, at the same time, the degree to which such commercial activity is structured by political decisions and choices. In what we take to be a friendly extension of the argument, we claim that Smith does not go far enough with this insight. Smith’s political approach to business ethics focuses solely on the outcomes of political choices. But if we think of politics in terms of processes—as in, ongoing disagreement and contest—and not merely a series of legal, administrative, or institutional outcomes, a different view of business ethics emerges. In particular, we argue that such an emphasis points us toward seeing business actors as having a normative duty to preserve the integrity and functioning of democracy. KEY WORDS: division of moral labor, market failures approach to business ethics, PCSR, democratic theory, realist political theory In his 2018 presidential address to the Society of Business Ethics, Jeffery Smith (2018) noted a “political turn” in business ethics. The key idea underlying this turn has been a recognition that business ethics can fruitfully be informed by, or perhaps be seen as a part of, political philosophy. Instead of drawing on canonical moral theories and articulating businesspeople’s ethical obligations in the abstract, Smith suggests that recent political approaches see business ethics as “a holistic endeavor to explain and justify the manner in which firms should navigate the messy space between being an actor in the market while also being an actor under license by the state to serve the public interest” (128). Though he doesn’t quite put it this way, his argument is that while these developments have been beneficial for business ethics, the logic of the political turn has not been taken far enough. Smith claims that we must come to grips with the need “to navigate this difficult terrain between market and state in a manner that respects capitalism’s subtle dif- ferentiation of institutional roles" (137). This requires being attentive to both the Business Ethics Quarterly140 distinctive nature of commercial activity and the manner in which commercial activity is a consequence of political decisions and choices. Smith reviews two examples of political business ethics—political corporate social responsibility (PCSR) and the market failures approach (MFA) —and claims they don’t quite accomplish this: PCSR inadequately addresses the distinctive nature of commercial activ.

©2019 Business Ethics Quarterly 301 (January 2020). ISSN 1052.docx

©2019 Business Ethics Quarterly 301 (January 2020). ISSN 1052.docx

©2019 Business Ethics Quarterly 301 (January 2020). ISSN 1052.docx

Running head: ETHICAL CONTRIBUTIONS 1 (Including a Running head and page numbers help to keep your assignment organized.) Are Contributions to Political Campaigns Ethical? Joanna Student SOC120: Introduction to Ethics & Social Responsibility (Course Section) Week 5 Final Paper Dr. Ashford Instructor July, 1, 20XX Sticky Note Please be sure to note the format for the final paper. This paper contains a an organized heading, a succinct and relevant title, page numbers and a running header. ETHICAL CONTRIBUTIONS 2 Ethical Contributions to Political Campaigns A question that comes up frequently in political discussions is whether organizations like corporations have too much influence over the political landscape today. Corporations have many resources through which to effect political change, including lobbyists, quid pro quo back door arrangements and campaign contributions. Because these funds can have a large influence on who wins elections and the legislation that politicians support, it is important for an educated citizenry to be aware of these contributions, and to consider their ethical implications. I will argue that from the utilitarian perspective, indirect contributions to political campaigns by organizations like corporations and unions can be ethical and should be allowed so long as there are sufficient regulations in place to prevent undue harm that might result from giving large organizations too much influence over the political process. I will contrast this view with that of ethical egoism, which would argue that such contributions are ethical inasmuch as they allow corporations to pursue their own long term interests. According to the Federal Elections Commission (2004), "The Federal Election Campaign Act (the Act) places monetary limits on contributions to support candidates for federal office and prohibits contributions from certain sources." However, corporations are allowed to create separate bank accounts and then make donations from these accounts to political campaigns as long as they are not connected directly to the operation of the business. Regarding this type of donation, the FEC (2004) stated that, "Contributions may…be made from separate segregated funds (also called political action committees or PACs) established by corporations, labor organizations, national banks, and incorporated membership organizations.” In other words, corporations can set up PACs that in turn give large amounts of money to support candidates. Because these funds can have a large influence on who wins elections and the legislation that Sticky Note This section includes a comprehensive introduction and a clear thesis statement that effectively reflects the argument of the paper and links the chosen ethical theories and perspective to the chosen social issue. Sticky Note Government websites can be useful sources of information. Consider using info ...

Running head ETHICAL CONTRIBUTIONS 1 (Including a Runni.docx

Running head ETHICAL CONTRIBUTIONS 1 (Including a Runni.docx

Running head ETHICAL CONTRIBUTIONS 1 (Including a Runni.docx

Good governance and doing business

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Running head: ETHICAL CONTRIBUTIONS 1 (Including a Running head and page numbers help to keep your assignment organized.) Are Contributions to Political Campaigns Ethical? Joanna Student SOC120: Introduction to Ethics & Social Responsibility Dr. Ashford Instructor June 20, 20XX Sticky Note Please be sure to note the format for the Final Paper. This paper contains an organized heading, a succinct and relevant title, page numbers, and a running header. ETHICAL CONTRIBUTIONS 2 Ethical Contributions to Political Campaigns A question that comes up frequently in political discussions is whether organizations like corporations have too much influence over the political landscape today. Corporations have many resources through which to effect political change, including lobbyists, quid pro quo back door arrangements and campaign contributions. Because these funds can have a large influence on who wins elections and the legislation that politicians support, it is important for an educated citizenry to be aware of these contributions, and to consider their ethical implications. I will argue that from the utilitarian perspective, indirect contributions to political campaigns by organizations like corporations and unions can be ethical and should be allowed so long as there are sufficient regulations in place to prevent undue harm that might result from giving large organizations too much influence over the political process. I will contrast this view with that of ethical egoism, which would argue that such contributions are ethical inasmuch as they allow corporations to pursue their own long term interests. According to the Federal Elections Commission (2004), “The Federal Election Campaign Act (the Act) places monetary limits on contributions to support candidates for federal office and prohibits contributions from certain sources.” However, corporations are allowed to create separate bank accounts and then make donations from these accounts to political campaigns as long as they are not connected directly to the operation of the business. The Final Paper will discuss what happens when corporations set up political action committees or PACs. Utilitarianism Utilitarianism is the moral theory that actions are right or wrong in proportion to the degree to which they promote the happiness of all concerned (Mill, 2008). Accordingly, whether or not corporate campaign contributions are ethical will depend on the overall Sticky Note Begin the paper by identifying a social issue clearly and accurately. Sticky Note This section includes a comprehensive introduction and a clear thesis statement that effectively reflects the argument of the paper and links the chosen ethical theories and perspective to the chosen social issue. Sticky Note Government websites can be useful sources of information. Consider using information from relevant Government websites to support an argument related ...

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New Unit IV all ppts.pptx on ed project topic very useful read full ok

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Falcon Invoice Discounting: The best investment platform in india for investors

Falcon Invoice Discounting: The best investment platform in india for investors

Falcon Invoice Discounting: The best investment platform in india for investors

Falcon Invoice Discounting

Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.

Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...

Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...

Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...

Falcon Invoice Discounting

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Famous Olympic Siblings from the 21st Century

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Falcon Invoice Discounting platform in india

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Falcon Invoice Discounting

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Cracking the Cultural Competence Code.pptx

Cracking the Cultural Competence Code.pptx

Cracking the Cultural Competence Code.pptx

Workforce Group

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Falcon Invoice Discounting: Unlock Your Business Potential

Falcon Invoice Discounting: Unlock Your Business Potential

Falcon Invoice Discounting: Unlock Your Business Potential

Falcon investment

Phases of Negotiation .pptx

Phases of Negotiation .pptx

Phases of Negotiation .pptx

nandhinijagan9867

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Falcon Invoice Discounting: Empowering Your Business Growth

Falcon Invoice Discounting: Empowering Your Business Growth

Falcon Invoice Discounting: Empowering Your Business Growth

Falcon's Invoice Discounting: Your Path to Prosperity

Falcon's Invoice Discounting: Your Path to Prosperity

Falcon's Invoice Discounting: Your Path to Prosperity

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Falcon Invoice Discounting: The best investment platform in india for investors

Falcon Invoice Discounting: The best investment platform in india for investors

Falcon Invoice Discounting: The best investment platform in india for investors

Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...

Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...

Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...

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Famous Olympic Siblings from the 21st Century

Famous Olympic Siblings from the 21st Century

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Cracking the Cultural Competence Code.pptx

Cracking the Cultural Competence Code.pptx

Cracking the Cultural Competence Code.pptx

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Falcon Invoice Discounting: Unlock Your Business Potential

Falcon Invoice Discounting: Unlock Your Business Potential

Falcon Invoice Discounting: Unlock Your Business Potential

Phases of Negotiation .pptx

Phases of Negotiation .pptx

Phases of Negotiation .pptx

Political Environment[1]

1. Business Environment Political Environment

2.

3.

4. Anatomy of Corruption Political Enterprise Level Petty Level

5.

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7. Corporate Social Responsibility Customers Government Employees Suppliers Society Shareholders Company

8. Principles of Social Responsibility in Business Yourself Law Shareholder Employees 1 2 Local Community Ad Agency Suppliers Auditors

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10.