4. THE TOPIC OF OUR PRESENTATION ARE
1. What have we learned
form the course “Business
and Society”?
2. Does it change the
student's attitude?
5. WHAT IS THE RELATIONSHIP BETWEEN
BUSINESS AND SOCIETY ?
Everything in external world
is related with business. If
business wishes to remain
viable in the long run, it
must respond to society’s
needs and give society
what it wants.
6. WHAT HAVE WE LEARNED FOR THE COURSE
BUSINESS AND SOCIETY?
• Some basic concepts
• Culture
• Business in a social world
• Arguments for and against social
responsibilities for business
• A pluralistic society
• The managerial role and social
issues
8. CULTURE
Cultural is
Learnt
Social
Shared
Transmissive
Continuous and Cumulative
Consistent and Integrated
Dynamic and Adaptive
Gratifying
Superorganic and Ideational
Varies from Society to Society
9. HOFSTEDE’S 6 CULTURAL DIMENSIONS
HOFSTEDE’S
CULTURAL
DIMENSIONS
POWER
DISTANCE
INDIVIDUALISM
VS
COLLECTIVISM
MASCULINITY
VS
FEMININITY
UNCERTAINTY
AVOIDANCE
LONG
VS SHORT TERM
ORIENTATION
INDULGENCE
VS
RESTRAINT
11. BASED ON HOFSTEDE'S CULTURAL DIMENSIONS
POWER
DISTANCE
INDIVIDUALISM MASCULINITY
UNCERTAINTY
AVOIDANCE
INDULGENCE
LONG TERM
ORIENTATION
NAGETIVE
POSITIVE
12. HOFSTEDE NATIONAL CULTURE AND
INTERNATIONAL TRADE
• we have found international trade to be affected by
national culture and the overall impact of national
culture on international trade to vary, depending on
the national cultural dimension that is considered.
• We also find law and religion to impact international
trade. This suggests that business companies
should consider these findings before entering into
international trade.
13. BUSINESS IN A SOCIAL WORLD
• A move toward Social concern
• An age of discontinuity
• A call for greater social responsiblity
• Areas of social responsiblity
• Origins of modern social responsiblity
14. BUSINESS IS PART OF A LARGER SOCIAL SYSTEM
• SOCIAL SYSTEM AND SUBSYSTEMS
• DYNAMIC AND STABILIZING TENDENCIES
• VIABILITY – Business Viability
• PUBLIC VISIBILITY
• VALUES
15. LEARNING
• VIEWING THE WHOLE BUSINESS SYSTEM
• LEARNING FROM BUSINESS IN A SOCIAL
WORLD
• RELATION OF BUSINESS WITH SOCIETY
16. ARGUMENTS FOR AND AGAINST SOCIAL
RESPONSIBLITIES FOR BUSINESS
ARGUMENTS FOR SOCIAL RESPONSIBLITY
• Changed Public Expectations of Business, Better Environment for Business, Public
Image, Avoidance of Government Regulation, Sociocultural Norms, Balance of
Responsiblity with Power, System interdependence Requires Social Concern,
Stockholder Interest, Let Business Try, Business Has The Resources, Problem Can
Become Profit, Prevention Is Better Than Curing.
ARGUMENTS AGAINST SOCIAL RESPONSIBLITY
• Profit maximization, Business Costs of Social Involvement, Costs to Society for Social
Responsiblity, Lack of Social Skills, Dilution of Business‘s Primary Purpose,
17. CONTINUE
Weakened International Balance of Payment, Business Has Enough Power, Lack of
Accountability, Lack of Broad support
• LASTLY LEARNING FROM THESE ARGUMENTS
18. A PLURALISTIC SOCIETY
A pluralistic society refers to multiple
groups holding the power and
competing for control. Pluralistic
society accepts many different sorts
of people, from different races,
sexual orientations, cultures, and
religions.
19. STRENGTH OF PLURALISM
Support for social freedom
Many opportunities for leadership
Tolerance of other ideas
Improve social decisions
Satisfaction of different human
needs
20. WEAKNESS OF PLURALISM
Lack of central direction
Emphasis on institutional power
instead of service
Social fragmentation
Elitism
Focus on conflict
21. THE MANAGERIAL ROLE AND SOCIAL ISSUES
Social responsibility means that
businesses, in addition to maximizing
shareholder value, should act in a
manner that benefits society
•Socially responsible companies
should adopt policies that promote the
well-being of society and the
environment while lessening negative
impacts on them.
22. Companies can act responsibly in many ways, such as
by promoting volunteering, making changes that benefit
the environment, and engaging in charitable giving.
Critics assert that practicing social responsibility is the
opposite of why businesses exist.
Consumers are more actively looking to buy goods and
services from socially responsible companies, hence
impacting their profitability.
23. COMMITMENT OF WORKERS TO INDUSTRY
• Concept of Commitment – Commitment is
the individual’s feelings of identification with
and attachment to the organization.
• Concept of Commitment to Industry –
Commitment to industry is disposition of mind
that accepts industrial way of life as desirable
and adopts with it and exhibits values of
industry in works and performance within the
organization.
24. CHARACTERISTICS OF A COMMITTED WORKER TO INDUSTRY :
• One who stays on the job of the industry.
• One who has severed his/her major connections with the land or
village.
• One who understands and accepts the requirements of working as a
part of a group in a factory or other industrial enterprise.
• One who shall no longer look on the industrial employment as
temporary.
• One who shall find in the industrial environment a more adequate
fulfillment of personal satisfactions that he/she enjoys in the village or
25. STAGES OF COMMITMENT OF WORKER TO INDUSTRY :
• The Uncommitted Worker - The uncommitted worker has no intention
of entering into industrial employment on any continuing basis. He / She
is a temporary sojourn for an immediate purpose, like to get a needed
sum of money to maintain festival expenditure, or to meet any
emergency.
• The Semi-committed Worker - The semi-committed worker works
more or less regularly in industry but maintains his/her connections with
the land, the tribe, or the village.
26. STAGES OF COMMITMENT OF WORKER TO INDUSTRY :
• The Generally Committed Worker - The generally committed worker is
one who has completely severed his/her connection with the village to
become a permanent member of an urban or industrial work force.
• The Specially Committed Worker - The specially committed worker is
one who is permanently attached not only to the industrial way of life, but
to a particular employer and often to a particular occupation as well.
27. FORMS OF PROTEST ASSOCIATED WITH THE STAGES
OF COMMITMENT
Stages of Commitment
Uncommitted workers. Turnover, Absenteeism,
Fighting, Theft, and sabotage.
Semi-committed workers. Spontaneous stoppages of
work demonstrations and
guerrilla strikes.
Committed workers. Plant and industry strikes
political protest and activity.
Specially committed workers
Grievance machinery, labor
courts etc., political party and
organizational alliances.
28. COURSE
Some Basic Concept
Understand the concept and definition of society and community
State the similarities and differences between society and community
Explain the concept of association and institution
State the distinction and relationship between association and institution
State the importance of these concept in the study of social life
Culture
To understand the effect of culture on business
The impact of culture of on the economic development
How does culture impact local business practices and how does cultural understanding apply to business negotiating?
Business in a social world
State the business viability
What is the difference between a social discontinuity and routine social change?
Origin of modern social responsibility
29. COURSE
Arguments for and against social responsibilities for business
Why should business be concerned about social responsibility?
Need for social responsibility
Maintenance of Society
Social responsibility towards different interest groups
A pluralistic society
The impact of a weak pluralistic society on climate change was analyzed.
Clarify how our pluralistic society became a special interest society
The Influence of Culture on Business in a Pluralistic Society
Commitment of workers to the industry
State the stages and degree of commitment
Difference between engagement and commitment
Significance of skilled workforce for strong, sustainable and balanced growth
34. Systems of
Production, Consumption, Marketing,
Advertising, Social and Economic
accounting, Labor relations, Public
relations and Organizational behavior
are analyzed from a moral viewpoint
35. Findings indicated that students who
had completed the course were less
likely to believe that a company’s
primary responsibility was to maximize
shareholder value,
and were more likely to believe that
creating value for the local community
was a company’s primary
responsibility.
38. “Business and
Society” course
The relationship of
business with the social
system outside of its own
formal organization.
Change in attitudes
of students
Ethical changes in
students' attitude.
39. Goodman and Crawford surveyed 1500 students who have done
the course and compared the result with marketing executives.
The young
students
coming into the
business
employment
Those
executives who
are already
working there.
Across the range of ethics,
there is significantly no change
40. Research paper on:
THE BUSINESS AND SOCIETY
COURSE: DOES IT CHANGE
STUDENT ATTITUDES?
By:
William R. Wynd and John Mager
41. FINDINGS
• The purpose of this research was to determine if there is a
significant difference in the attitudes of students toward
situations involving ethical decisions before and after taking
a course in Business and Society.
• The result of the study indicated that the Business and
Society class had no statistically significant impact on
student attitudes.
42. IN CONCLUSION
• The criteria which students use to judge situations are
developed over time. Family relationships, religion,
education, culture all have a part in the process. Basic
values are normally set early in life and will not change
unless a “significant emotional event” occurs
• So a single course in business and society is not significant
enough to bring an ethical change to a person on a large
scale.
43. This is how Japan left
the changing room
after losing vs.
Belgium. Spotless and
with a ‘thank you’ note
in Russian.
Example
44. The public sectors
conducted by the
Government are the most
corrupted sectors of the
country. According to
Transparency
International (TI)
Example
45. FINAL WORDS
• Business and society course does bring some positive
changes among students but it is difficult to bring a
massive change among them with one course.
46. THANK YOU
“It is a fallacy that business can prosper or, indeed,
even exist without regard to broader social
concerns.”
-S Prakash Sethi
