Get premium membership and access questions with answers, video lessons as well as revision papers.
1. Changes in technology cheating, fraud, social evils, unethical practices, break up of families.
2. Declining books ethics, individual and societal ethics
Identifying areas where individual ethics, business and societal ethics have declined.
3. Political changes
Could be changes within the business locally or internationally. International political trends that likely to affect business in future e.g. ……… for new constitutions, multiparty democracy, human rights, liberalization of media houses.
4. Globalization and liberalization of business.
Identify areas where business have been G and L give examples
5. Social cultural changes
6. Drastic changes in the physical and ecological environment
7. Increasing levels of literacy
8. Discrepancies in the ownership of resources i.e. the gap between rich and poor is widening dropping and non-developed countries, gender, age groups.
9. Information dominated society.
10. Increased need for social responsibility.
11. Changes in the legal structures
12. The need and emphasis for entrepreneurial practices i.e exploitation of any opportunities, emphasis on value added opportunities.
13. Change in demographics
14. Developments in the informal sector
Titany answered the question on November 29, 2021 at 12:54