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What are non-governmental organizations?
Any group that holds shared values about an issue in society & advocates for changes
-what governments cant do
Public interest groups
influence public policy
Special interest groups
seeks advancing financial interests
What do NGOs seek to influence?
Animal welfare vs. rights
Technology
Economic
Social development (rich/poor, community)
What is partnering with NGOs?
Can be beneficial to business (shows active in community)
Benefits: identify risks/opportunities early, influence public opinion, innovation, reputation & trust, employee engagement
How do you respond to pressure from NGOs?
NGOs have influence & can threaten business -> change business practices
Managers respond based on their values/beliefs, aggressive approaches can backfire, NGOs may not be ethical
Costs of not responding
Transaction: Natural resources (more likely to resist), consumer goods (less likely to resist)
Brand: Bigger/better known brands are bigger targets
Competitive position: in competitive industries, companies seek NGOs to divert attention to competitors
What are some partnerships with NGOs?
Businesses build partnerships with NGOs: Business have financial goals, NGO have social goals -> some goals may align
Partnerships bride business, government, civil society
Microsoft & RCMP
What is Media as a stakeholder?
Media influences public & employee opinion -> inform & influence
there are mixed business portrayals in media
media is highly regulated
business & media always butt heads (be on your side or against)
What are some issues in business-media relationship?
Media is a business too -> businesses need to respond to media requests
Libel Chill
when business threatens legal action if something is published
Media spin
PR experts putting a spin on the interpretation of an event
Ownership of media
usually owned by large businesses or government -> more concerned about sales than quality, bias, monopolies
What is social media in business?
Online interaction/communication enabled by technology
Becoming news & info outlets -> difficult to control
with social media, businesses held more accountable
beneficial if used properly (Duolingo tiktok)
What are Think Tanks - Policy Development Institutions?
A bunch of people across society whose goal is to develop policy or political idea
organization researches important social, economic, political issues in business & society
attempt to influence society/government position on business & social issues
What are the mechanics of think tanks?
usually not connected to government
can lack transparency, ideological, one sided, no influence
funded by:
businesses, trade unions, government, wealthy individuals, foundations, universities
What are spirituality & religious institutions?
Spirituality: individual's sense of peace/purpose with themself & connection to others
Religious beliefs/practice influence ethics
What is spirituality in workplace/business?
Faith-based institutions buy goods & services
Integrating spirituality in workplace allows community, integrated lives, bring whole selves to work
Moral resistance
how does faith influence activism? (ex. Chick-Fil-A closed on sundays)
Business must be cautious when responding to religious activism
What are educational institutions?
Should businesses be involved in the education system?
Corporatization: business getting involved in education with conditions attached:
Funding for buildings, conflict of interest in research, veto power of curriculum/stagging