Evaluating a Corporate-Societal Relationship Preparation - Essay Prowess

Evaluating a Corporate-Societal Relationship Preparation

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Evaluating a Corporate-Societal Relationship 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:

The name of my company is UPS ( United postal service)

  • 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?

Assignment Preview:

  1. UPS, or United Parcel Service, is a global package delivery and supply chain management company. The company’s primary products and services include package delivery, freight transportation, logistics, and e-commerce fulfillment.

  2. Three ways in which primary stakeholders can influence the organization’s financial performance include: a. Customers – their satisfaction and loyalty can drive repeat business and positive word-of-mouth recommendations. b. Investors – their decisions to buy or sell shares can affect the company’s stock price and overall valuation. c. Employees – their productivity and engagement can affect the company’s bottom line through increased efficiency and innovation.

  3. Two critical factors in the organization’s external environment that can affect its success include: a. Technological advancements – the continued development and adoption of new technologies such as automation and data analytics can significantly impact the company’s operations and competitiveness. b. Government regulations – changes in laws and regulations related to transportation, labor, and environmental issues can affect the company’s costs and operations.

  4. One of the company’s biggest successes in responding to a recent or current social issue is its commitment to sustainability. UPS has set ambitious goals for reducing its carbon footprint and increasing the use of alternative fuel vehicles. This has not only helped to mitigate the company’s environmental impact but also to enhance its reputation as a responsible corporate citizen. Additionally, this commitment has also helped to reduce costs and improve operational efficiency.




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