Measures to improve social Environments.
In these slides, everything covers about this topic. in which we discussed the social environment type of environment, the social environment of business, and measures to improve the social environment
2. Social Environment
The social environment comprises the
beliefs, desires, values, and attitudes of
consumers and public members.
Social Environment means everything or
environmental composition that is created
by human that is associated with and
creates effects, both beneficial and
adverse, on livelihood, production,
existence, evolution of human and nature.
The composition of a family is an example of
a social environment
3. Social Environment of
Business
The social environment of Business
shall include courses relating to planning
and control systems: manufacturing,
marketing, research and development,
finance and management information
systems, and other management
advisory systems.
Demographic factors of the market
Occupation , Age , Income , Consumption
patterns , Gender , Ethnicity.
4. Types of Social Environment
External Social Environment
Internal social Environment
5. External Social Environment
The external environment of a business,
also known as the macro environment,
includes all factors outside the reach of the
business, that can impact the operations of
the business.
Also created by society at large scale
External environmental factors
Economic factors
Demographic factors
External environment analysis
PESTLE analysis
6. Internal social environment
This social environment is specific to
the organization. It comprises the
beliefs, customs, behaviors, attitudes,
values, and practices of employees and
the management. Businesses have
direct control over their internal social
environment.
7. Measures to improve social
environment
High morale and improved productivity
Reducing overhead costs
Build a committed group of core, repeat
customers
Attract top talent to grow your company
8. High morale and improved
productivity
The feeling of self-worth and pride that taking a
moral stance can bring to the company’s
employees and stakeholders can have a
positive impact on productivity and morale.
Reducing overhead costs
The company could actually save money. Take the
environmental aspect, for example – businesses
do not have to begin by thinking on a global scale
or changing suppliers to minimize their
environmental impact. They could start by
investing in energy-saving lightbulbs, reducing
water wastage, going ‘paperless’ and recycling all
waste products. These small decisions will save
money while reducing environmental impact.
9. Build a committed group of core,
repeat customers
Companies can gain a crucial advantage
by leveraging their Corporate Social
Responsibility (CSR). Responsible
consumers are looking for companies
that adopt strategies and are willing and
ready to support them.
Attract top talent to grow your company
Businesses that invest in their employees
(through training schemes and employee
benefit packages, for example), invest in
their local communities, and sponsor
charities will be more enjoyable places for