'IMPACT SOCIO CULTURAL FACTORS ON BUSINESS Essay\r'

' backup is an economic activity and decision making by the man shape upment is an economic process. It will be influenced by economic and non economic environment of line of products. You will jimmy that the blood line sector environment is quit complex, with heterogeneous elements in the environment. A manager must(prenominal)iness understand and examine this process of interaction. In particular, you must none that whole non-economic, environmental variables arrive economic implications, and that is why these variables on an someone basis or jointly, affect business activity.\r\nBusiness must have a favorable pur affectation; business concern must discharge companionable responsibleness and social obligations and have social commitment. Otherwise business cannot enjoy social sanction. We may identify the censorious elements of the sociological environment of business. These elements be: brotherly institutions and systems\r\n companionable value and attitudes\r\nE ducation and refining\r\nRole and responsibility of presidential term\r\nSocial groups and movements\r\nSocio-economic suppose\r\nSocial problems and prospects\r\nSocial institutions and systems\r\nSocial Institutions and systems develop through history, culture and heritage. The grade system, the fount family system, child marriage, sad and the patriarchal family atomic number 18 all examples of social institutions and systems. Until the new-fangled past the set system ensured a very simple occupational division of labour in our society. The place of the individual was very clearly delimitate in the social hierarchy of the joint family system where division making was centralized in the head of the family who commanded respect for his age and experience. Social Values and Attitudes\r\nIn India Today, most of\r\nthese old-fashioned social institutions are dying fast. It is because the social value and attitudes are changing very fast. The western values of individualism h ave caught our imagination. Indian women no overnight remain satisfied as housewives. Business does not remain confined any more in spite of appearance a given community or caste. Customs, traditions and conventions are no longer rigid. They become flexible. Society’s view of its authorities, responsibilities and delegation, its attitude towards business as a art, towards achievement and work, towards ownership and management-all have very distinct implications for the sociological environment of business. Education and Culture\r\n thus come Education and culture as an ingredient of the sociological environment. In this category you may incline the attitude towards upbringing; the need for business breeding; education matching the skill requirement of fabrication and manpower utilization the role of business schools and executive director development programmes ; education versus training ; correlation in the midst of sortal literacy and the level of culture; the spread of education and its impact on business ethics ; hooey progress and business morality ; business culture and organizational culture. Role and Responsibility of the Government\r\nAt a given point of time, society has a level of achievements and aspirations. Such achievements and aspirations have to be defined clearly and categorically, and any divergence between the both has to be bridged through relentless social drift taking care of social well-being and social constraints. This is where the role of the Government as a welfare state comes in. The government is the apex social institution. It is the Government which has to make sure that social progress is not handicapped by the tyranny of the majority, otherwise social tension. Social Groups and Movements\r\nSocial tension originates in groups represent of frustrated individuals from groups on the basis caste, creed, religion, language, handicraft and profession and similar other factors. Social groups and the social mo vements that they machinate are a critical variable of the non-economic environment. some of these groups have direct business interests. Thus, consumerism, trade unionism, the conjunct movement, professional management, and shareholder’s associations all pose challenges for business operations. Socio-economic order\r\nIn a untaught like India, we have a plural society. Ours is a land of a variety of food, dress, languages, religions, and culture. We also have dual economy with the traditional sector co-existing with the recent sector. Technological dualism in India is very pronounced. Bullock Carts run on the roads and the Airbus flies through the sky. every these make a very unique socio-economic order for India today. From time to time, this social order gets disturbed and modified, hopefully for the better, through social movements and social policy planning on subjects like science and technology, ecology and forestry, family planning, fauna husbandry etc. Soc ial problems and prospects\r\nSocial Problems and prospects are just offshoots of a changing socio-economic order. You might be aware that ensuant to industrialism and socio-economic development in many a(prenominal) developing countries, the death rate has fallen hot than the Birth rate, and this has resulted in an explosive proceeds of population. This in turn has brought about growing unemployment and poverty, poor lodging and sanitation, urban congestion, pollution and increasing incidence of anti-social activities. Therefore, economists imply that you should always attempt a social cost-benefit analysis of industrial development. As society moves from the pre-industrial stages of development, social benefits must outweigh social costs, otherwise the emerging naked social order will prove unsettled SOCIAL military campaignS\r\nThe nation has witnessed several social movements. With the exit of time, as industrialisation proceeded either in the form of a revolution or e volution, sooner or later organised movements were engineering by respective(a) social groups to protect their own interests. The class-conflict grew in intensity, and consequent upon that grew a variety of social movements. THE TRADE heart MOVEMENT\r\nTrade unionism is the child of industrialisation. With the growth of the industrial culture, workers have felt that their socio-economic interests cannot be protected if they do not come together in some sort of organized union. THE CONSUMER MOVEMENT\r\n corresponding the labour movement, the consumer movement also exercises a extensive influence on the socio-economic environment of business. A knockout consumer movement is the sine qua non of a healthy home sector in an economy. THE MANAGEMENT MOVEMENT\r\nCompared to trade unionism and consumerism, the management movement in India has been relatively strong and distinct. Since Independence, one finds certain distinct trends in our corporate management Philosophy and structure. Independent India transmittable a structure of corporate management which was henpecked organisationally by the Managing Agency System, and entrepreneurially by particular business communities and, among them again by a group of families of bragging(a) business houses. THE\r\nSHARE HOLDER’S MOVEMENT\r\nIn our socio-culture environment of business, the shareholders’ movement is a recent offshoot of the professional management movement. The shareholders ‘are progressively becomingly becoming aware of their legitimate rights. environmental MOVEMENT\r\nIssues related to protection of the environment and ecology have received worldwide attention not only in developed countries but also in the developing countries. Increasing concern has been verbalized about environmental degradation which can venture human life and existence.\r\n'