Social And The Environment Impact On Business - 866 Words

Business people today are more aware about the social and the environment impact of their business than in the past. They start taking into account activities in helping others and preserving the environment as a main part of their business model. Business is no longer solely aim for profit as they have much larger purpose than that. However, to achieve that purpose, the business people need the Government and NGOs to create strong synergy in achieving the desirable outcome. For more than five years I had been participating in many social works, focusing on helping people start their own business and become entrepreneurs by giving them tools in how to start and manage their business. Through that time, I didn’t see this type of approach was effective, as many NGO’s and Government were doing similar activities in helping them. Many NGO’s mostly depend on donors and foundation for charity-like of approach which is hard to be sustained. Most of startups and Small Medium Enterprises need support in longer time, not just one off. At least they need the support until they have capacity in solving their basic problems. This is where a synergy between business entities, government and NGOs are greatly needed. There will always be pros and cons of business working together with Government and NGOs, because bureaucracy is often perceived as an obstacle to move business forward. However, even though working with government will need longer time to get the result, business shouldShow MoreRelatedThe Power of Social Media and Its Impact on the Current Business Environment1529 Words   |  7 PagesThe Power of Social Media and its Impact on the Current Business Environment The number of internet users has increased over the last decade due to the development of new technologies, internet availability and improved connectivity. 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