Date post: | 22-Jan-2015 |
Category: |
Business |
Upload: | ministry-of-economic-development-businessgovtnz |
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External Influencers in Business
www.business.govt.nz
External Influencers…
…Are groups or elements outside a business that can influence its decisions by putting pressure on it
www.business.govt.nz
• Customers
• Pressure Groups
• Competitors
• Government
Types of External Influencers
www.business.govt.nz
Business Ethics
Business decisions can have far-reaching consequences
Being socially irresponsible can damage competitiveness
But businesses sometimes act unethically while remaining within the law
www.business.govt.nz
Ethical decisions…
…Can involve:-Pollution-Corruption-Workplace standards-Employee rights-Consumer health
www.business.govt.nz
Benefits of being ethical?
- Improved goodwill- Better reputation- Motivated staff- Increased efficiency and
productivity- Reduced costs
Find Out More
Facebook.com/business.govt.nzTwitter.com/business_govtNZLinkedin.com/company/business-govt-nzSlideshare.net/MED-Business business.govt.nz