Choose at least three of the topics  from the course learning objectives, and clearly  identify how the topics directly impact relationships between business  and society.   

Week 8: Society and business

1. Business can be socially responsible by building relationships with their customers and wider communities through the practice of social responsibility. Society will view companies that are committed to sustainable practices, promote ethical work and offer resources for the community as more positive. It can lead to increased customer loyalty and brand recognition.

2. Ethical business practices are important as it will affect their relations with society. Unethical practices such as unfair labor policies or neglecting environmental regulations can damage a business’s reputation and lead to decreased consumer confidence or boycotting of certain products from customers who do not want to support these types of companies.

3. Diversity & Inclusion: Promoting diversity within a company contributes significantly towards forming positive relationships between business and society as it demonstrates respect for different perspectives and backgrounds while also creating new opportunities for both employees and consumers alike. In today’s increasingly globalized world, having an inclusive culture is essential for any organization wishing to make meaningful connections with its stakeholders around the world.

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