Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Evaluating a Corporate-Societal Relationship

Evaluating a Corporate-Societal Relationship

Q Preparation According to the textbook, the current world economy is increasingly becoming integrated and interdependent; as a result, the relationship between business and society is becoming more complex. In this assignment, you will be researching a Fortune 500 company from an approved company list provided by your professor. Instructions Write a 4–5 page evaluation of your chosen company’s performance with respect to its stated values. Do the following: • Summarize the company’s primary products and or services. • Suggest three ways in which the primary stakeholders can influence the organization’s financial performance. Provide support for your response. • Describe two critical factors in the organization’s external environment that can affect its success. Support your assertions. • Assess the company’s biggest success or missed opportunity to respond to a recent or current social issue. How did it impact company performance? Integrate at least two supporting resources from the Strayer University Library or other reputable sources. This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions. The specific course learning outcome associated with this assignment is: • Evaluate the relationship between a business and society based on external environmental factors, stakeholders, and corporate social responsibility issues.

View Related Questions

Solution Preview

Toyota Motor Corporation is one of the largest companies in the world. It has its operations in many countries across the globe and has a plethora of products under its brand name. Ever since the company has been established, it has aimed to contribute to a more thriving society. And it has done so through the manufacture of automobiles as well as business operations with the sharp focus on production of vehicles and sales (Toyota, 1, p.1).