Analyzing the Social and Economic Climate

• Identify the external social and economic impacts of the organization.

• Examine how the social environment can influence the organization’s business strategy. Be specific, including what factors are most conducive to influence.

• To support your assertions, research and locate at least two organizational examples of business practices that have shown success factors. For each example, do the following:

o Briefly describe each organization (including what type of company it is, what sector/industry it is in, etc.).

o Provide at least one specific example of how each organization employs (or employed) these factors in its business practices.