Homework: 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 homework, you will be researching a Fortune 500 company from an approved company list provided by your professor.
Task
Write 4 to 5 pages evaluation of your chosen company's performance with respect to its stated values. Do the following:
i. Summarize the company's primary products and or services.
ii. Suggest three ways in which the primary stakeholders can influence the organization's financial performance. Provide support for your response.
iii. Describe two critical factors in the organization's external environment that can affect its success. Support your assertions.
iv. Assess the company's biggest success or missed opportunity to respond to a recent or current social issue. How did it impact company performance?
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.
The specific course learning outcome associated with this homework is:
i. Evaluate the relationship between a business and society based on external environmental factors, stakeholders, and corporate social responsibility issues.