operations influences Flashcards
Globalisation
globalisation is the removal of trade barriers between nations
- increases intervention between international economies
- high degree of transfer in capitol, labour, intellectual ideas and technology
government policies
all businesses within australia are subject to policies both local, state and federal
(economic policies have direct impact on level of economic activity and therefore demand for services/products)
legal regulations - WTF ED
- WH&S
- training and development
- fair work and anti discrimination
- environmental protection
- dangerous goods
environmental sustainability
operations should be shaped around practices that don’t consume resources today that will compromise access to those resources in future
- sustainable use of renewable resources
- minimal use of non-renewable resources
ethical and social responsibility (corporate social)
business action made based of respect for people, community and the environment
involved more than just complying with laws and regulations
ethical behaviour
should implement a code of conduct which could include
- donating to local charities/communities
- promoting human and civil rights - nationally and internationally
- consultation with community prior to significant changes
social responsibility
- taking action or decision based ethically and morally correct in the best interest of the community
- issues such as noise level, waste, pollution
8 influences
- globalisation
- technology
- quality expectations
- cost based competition
- government policies
- legal regulation
- environmental sustainability
- ethical and social responsibility