Why is the BGS Field Important to Managers

Why is the BGS Field Important to Managers - both its...

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Why is the BGS Field Important to Managers? To succeed in meetings its objectives a business must be responsive to both its economic and its noneconomic environment.Recognizing that a company operates not only within markets but within a society is critical. A basic agreement or social contract exists between the business institution and society. Managers must respect and adhere to society’s expectations. Why is the BGS Field Important to Managers? §To succeed in meetings its objectives a business must be responsive to
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Unformatted text preview: both its economic and its noneconomic environment. §Recognizing that a company operates not only within markets but within a society is critical. §A basic agreement or social contract exists between the business institution and society. §Managers must respect and adhere to society’s expectations. §This contract defines the broad duties that business must perform to retain society’s support, but these duties are often ambiguous....
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This note was uploaded on 02/26/2011 for the course BUSINESS Bus061 taught by Professor Hidi during the Spring '11 term at West Valley.

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