ISE Business and Society: Stakeholders, Ethics, Public Policy

The relationship between business and society is becoming increasingly complex, with globalization, civil society organizations, and government regulations altering the job of managers and strategic decision-making. The Seventeenth Edition of Business and Society: Stakeholders, Ethics, Public Policy addresses these challenges by drawing on the latest research.

Format: Paperback / softback
Length: 576 pages
Publication date: 19 April 2022
Publisher: McGraw-Hill Education

In the ever-evolving landscape of a globalized economy, the intricate interplay between business and society has reached unprecedented complexity. The advent of globalization, the rise of civil society organizations across diverse nations, and the implementation of new government regulations and international agreements have profoundly impacted the roles of managers and the strategic decision-making processes within firms. Recognizing the need for comprehensive insights, the Seventeenth Edition of Business and Society: Stakeholders, Ethics, and Public Policy delves into the pressing challenges confronting business organizations and their stakeholders. Building upon its esteemed legacy of market leadership, this text undertakes a thorough reexamination of fundamental issues, offering valuable perspectives and actionable solutions.

The globalization of business has brought about a profound transformation in the global marketplace, creating new opportunities and challenges for organizations. As businesses expand their operations across borders, they must navigate a complex web of regulations, cultural differences, and political uncertainties. Managers must adapt their strategies to accommodate these diverse factors, while also ensuring compliance with local laws and regulations.

The emergence of civil society organizations has added a new dimension to the relationship between business and society. These organizations, ranging from environmental groups to social welfare organizations, exert pressure on businesses to adopt ethical practices and contribute to social welfare. Managers must engage with these stakeholders and find ways to balance their interests with the long-term sustainability of the organization.

Furthermore, new government regulations and international agreements have shaped the business landscape in significant ways. The implementation of environmental laws, labor standards, and trade agreements has placed greater emphasis on sustainability, social responsibility, and ethical behavior. Managers must align their operations with these regulations and demonstrate their commitment to ethical practices.

In response to these challenges, the Seventeenth Edition of Business and Society: Stakeholders, Ethics, and Public Policy provides a comprehensive framework for understanding the complex relationship between business and society. The text explores the various stakeholders involved in business, including employees, customers, shareholders, and the broader community. It examines the ethical principles that guide business behavior and the role of public policy in shaping the business environment.

The book also offers practical insights and strategies for managers to navigate the complex terrain of business and society. It provides case studies and examples of successful practices that demonstrate the importance of stakeholder engagement, ethical decision-making, and sustainable business practices.

In conclusion, the relationship between business and society is a multifaceted and dynamic entity that requires careful consideration and management. The Seventeenth Edition of Business and Society: Stakeholders, Ethics, and Public Policy provides a valuable resource for managers, policymakers, and students seeking to understand and navigate the complex terrain of business and society. By examining the latest research and offering practical insights, this text empowers individuals and organizations to make informed decisions that contribute to the well-being of society and the long-term sustainability of the business.

Weight: 888g
Dimension: 202 x 254 x 26 (mm)
ISBN-13: 9781265079246
Edition number: 17 ed