You are on page 1of 20

ROLES OF BUSINESS

ORGANIZATION IN THE
SOCIETY
GROUP 4
ROLES OF BUSINESS
ORGANIZATION IN THE SOCIETY
BUSINESS
Business organizations make
people's life easier by providing
goods and services to the
consumers. It generate
employment opportunities as
they expand their business
thus, advancing the economy.
Providing Goods
and Services
• It is very important or
essential in our daily live.
• The availability and
quality of goods and
services.
• Challenges faced by
businesses and
organizations in providing
goods and services
Examples of Goods
Clothes
Examples of Goods
Cellphones
Examples of Goods
 Foods
Examples of Services
Public Transportation
Examples of Services
Public Housing
Examples of Services
Barber Shop
Providing Goods
and Services
• It is very important or
essential in our daily live.
• The availability and
quality of goods and
services.
• Challenges faced by
businesses and
organizations in providing
goods and services
CREATING
EMPLOYMENT
OPPORTUNITIES
• Opportunity
• Promotion
PROMOTING
SUSTAINABILITY
• Replenish
• Ensuring economic growth
PROMOTING SUSTAINABILITY

ADHERENCE TO
GOVERNMENT POLICY
GOOD MANAGEMENT PUBLIC OPINION
PRACTICE
GOOD MANAGEMENT PRACTICE

• Reducing wastes, using less toxic chemical, Improving energy efficiency, and other
measures have been the goals of most companies.
• There are 5 fundamental management practices.
ADHERENCE TO GOVERNMENT POLICY

01 Important aspect of sustainable


practices for corporations.

Failure to comply can lead to


02 significant financial losses, penalties,
and reputational damage.
PUBLIC OPINON

• It refers to the general perception and views held by the public


towards a particular company or industry.
• Public opinion is crucial for a company's success.
• A positive public image reflects credibility and reputation, which
can attract and retain stakeholders.
• A negative public image can lead to decreased market share,
investor confidence, consumer trust, and difficulty in attracting
future employees
INVESTING IN
INNOVATIONAND
EXCELLENCE
• Innovation is the product of
consumer research and good
understanding and analysis of
market need
• Meet consumer needs.
• Investing in Innovation and
Excelence is important.
1 The 1987 Philippine Constitution
recognizes entrepreneurship or putting up
. businesses as an engine of economic
growth

2 Article XII, Section 1 of the 1987 Philippine


Constitution:
. • supporting equitable distribution of income
ADVANCING THE and wealth

ECONOMY • sustaining production of goods and


services
• expanding productivity
THANK YOU!

You might also like