Today’s business world is anything ever before experienced in history. Organizations now operate in an environmental with one primarily stable characteristic – change. Businesses today must now nimbly maneuver through an ever-changing obstacle course of challenges. It has become a world where those who can adapt well thrive, and those who can’t fall by the wayside. To add to this tumultuous atmosphere, recent world events have affected businesses and their relationships with government and society.
Inhaltsverzeichnis (Table of Contents)
- Introduction:
- Globalization:
- Corporate Scandals:
- September 11th, 2001:
- The War in Iraq:
- Environmentalism:
- Mad Cow Disease:
- Conclusion:
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This text examines recent events that have significantly impacted businesses and their relationships with governments and society. It explores how these events have reshaped the global business landscape, leading to new challenges and opportunities. The analysis focuses on key trends like globalization, corporate scandals, and the impact of the September 11th attacks.
- The impact of globalization on businesses and their competitive environment.
- The role of corporate scandals in eroding public trust and prompting regulatory changes.
- The challenges and opportunities presented by the September 11th attacks on the U.S. economy.
- The influence of global events on business relationships with governments and societies.
- The evolving nature of the business world and the need for adaptability in the face of change.
Zusammenfassung der Kapitel (Chapter Summaries)
The introduction highlights the ever-changing nature of the contemporary business environment, emphasizing the importance of adaptability and the impact of recent world events. The chapter on globalization explores the effects of increased global competition, the rise of offshore outsourcing, and the complexities of operating in diverse cost environments.
The chapter on corporate scandals discusses prominent cases like Enron, WorldCom, and the Wall Street settlement, illustrating the erosion of public trust and the subsequent regulatory reforms. The September 11th, 2001 attacks chapter analyzes the impact of the terrorist attacks on the U.S. economy, including the shift to fear and pessimism and the subsequent requests for government support.
Schlüsselwörter (Keywords)
Globalization, corporate scandals, September 11th attacks, business environment, competition, offshore outsourcing, regulatory reforms, public trust, government intervention, economic impact, adaptability, change.
- Quote paper
- Kimberly Wylie (Author), 2004, Recent Events That Have Affected Businesses, Munich, GRIN Verlag, https://www.grin.com/document/57784
