Tuesday, May 7, 2019

Co-creating New Social Business Case Study Example | Topics and Well Written Essays - 250 words

Co-creating New Social Business - Case Study ExampleIn some countries, legal constraints have been embedded in their laws where companies are held responsible for actions contravening set rules and regulations on accessible responsibility and sustainability (Brugmann & Prahalad, 2007).In adherence to the above, one of the striking strategies employed by companies is the abstract analysis. In the conceptual analysis, companies are required to provide quality value based services and sustainability approaches to ecological sense as well as business sense. Provision of value-based services entail responding to customers expectations and satisfying their needs. However, this does not necessarily base companies have to conform to customers thoughts, wishes, and perception. Value-based organizations are more attractive to customers and employees are normally motivated (Brugmann & Prahalad, 2007).On the separate hand, sustainability approach is in very many dimensions. Some of these dim ensions are ethical, economic, nature philosophical, and social. Ethical dimension dictates the righteous relationship that is apply to define the future ways of doing business and social dimension are geared towards social justice within the society. As for nature philosophical and economic dimensions, the vulnerability of nature is presumed by limiting its degree of interference for future generations while in the economic sense theories and practices are used to create awareness on sustainable development.

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