Business Nature, Future, and Sustainability in Global Environment

This essay delves into the evolving nature of business within a global environment, emphasizing the importance of adaptability and sustainable practices. It explores how businesses must evolve to meet the demands of a changing world, including the impact of technology and globalization on organizational structures and operations. The essay examines the necessity for organizations and individuals to manage their activities responsibly and ethically, considering environmental, social, cultural, and economic issues. It highlights the significance of corporate social responsibility, ethical decision-making, and the integration of these factors into business strategies. Furthermore, the essay references various academic sources to support its arguments and provide a comprehensive understanding of the subject matter, ultimately concluding that businesses must prioritize sustainability and ethical conduct to ensure long-term success in the global marketplace.

Context of business

Table of Contents
INTRODUCTION..........................................................................................................................3
MAIN BODY .................................................................................................................................3
Discuss about the changing the nature of business and consideration of the future organization
in global environment. ...............................................................................................................3
Evaluate the requirement of organizations and individual to manage the sustainably and
responsibly or behave ethically in the relation to environmental, social, cultural and economic
issues. .........................................................................................................................................4
CONCLUSION ..............................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
Change is a type of inevitable part of life which is important part of enterprise that
allows the organization to adopt its environment and also help to improve the market position.
Enterprise will evolve to change their policy and procedure as per the requirement of
organizations. A business can be established but it need to successful sustain the enterprise
through the resources such as finance. The Proper market condition is depends on the condition
and situation or demand of consumers (Nissenbaum, 2018). This documentation will discuss
about the nature of business and considered the future growth of organization in the global
enterprise environment. Furthermore, this essay will describe the need and requirement of
individual or organization to manage the responsibly and sustainably. Moreover, it will create
relation with the economics, social, environmental and cultural issues.
MAIN BODY
Discuss about the changing the nature of business and consideration of the future organization in
global environment.
In Today's world, The changing the dynamic and modern world so that business were carried out
many years and rapidly change as per the need of organization (Tallman, Luo and Buckley,
2018). Modern technology has changed the business process that impact on the productivity,
income, employment etc. it also create an opportunities for change the nature of business and
organization.
As the nature of work environment continuously change and new approach or trends
have emerged at the organizational, group and individual. The work force is now
demographically diverse and old employees are represents as a significant subset of the working
populations (Roberts, 2018). It has increase the technology and also increases the complexity in
the business operations and functions. Furthermore, the interest of large scale organization has
grown and many companies wanted to create new opportunities to increase the popularity in
global environment. Society has a adopt the new things in quickly because many consumers are
used the new techniques. It can lead to increase the advantages for both organization and
employees.
The new trends can lead the unexpected consequences that impact on the individual and
business such as life balance, decrease job satisfaction and neglect the long term career
enhancement (Arnold, 2018). The rapidly increases the organization to use modern technology

for exploring their business all over the world. In this way, it improve the business environment
in effective manner (Teagarden and Mellahi, 2018). For Example- Uber is a leading company,
along with increase the recognition that easily connect with each and every individual to provide
better quality of services. It help to increase the productivity and profitability in marketplace.
There are many type of production activities performed by the individual group together for
specific projects (Knoke, 2018). Currently, it has increased the information technology based
works that support the business to distribute the task in proper ways. There are different type of
new potential platform that can use at workplace for the purpose of communication. For
example- Internet based communication and other smart application are used to share data from
one place to another.
Evaluate the requirement of organizations and individual to manage the sustainably and
responsibly or behave ethically in the relation to environmental, social, cultural and
economic issues.
The Corporate social responsibility is increasingly which more important in today and also takes
different type of forms such as financial contribution, product donations. Employee community
services and eco friendly etc. It is needed for organisation and individual to manage the
sustainably and responsibly (Collings and Isichei, 2018). One of the most powerful effects of the
sustainable, responsible enterprises ability to quickly generate the positive aspects in the
organisation. Sometimes, business fail to take responsibility and direct affect the corporate
action in different manner.
Business leader can take advantage from partnering with other charities that important to
the consumers. Social responsibility is a type of ethical theory in which the individuals are
accountable for full-fulling their civic duty towards the business development and growth. This
theory will help to business process to build the ethics system and also help in decision making
(Etemad and Dulude, 2018). It also creates relationship with the environmental, social and
cultural issues because some times, the decision causes the society and environment condition. It
should be considered to be socially irresponsible towards the global business environment.
The culture and ethics are the set of moral principle that provide guidance of employer
behaviour (Bidault and et.al., 2018). These are the morals that shaped by the social norms,
practices and influences the religious. This type of ethics reflect the belief to maintain the

environmental issues to increase the coordination between the employee (Martinez-Martinez and
et.al., 2019). It severs as a compass direct how employee should behave towards the each other.
CONCLUSION
As per discussion, it concluded that Change is a type of inevitable part of life which is
important part of enterprise that allows the organization to adopt its environment and also help
to improve the market position. A business can be established but it need to successful sustain
the enterprise through the resources such as finance. The Proper market condition is depends on
the condition and situation or demand of consumers. This documentation discuss about the
nature of business and considered the future growth of organization in the global enterprise
environment. Furthermore, this essay describe the need and requirement of individual or
organization to manage the responsibly and sustainably.

REFERENCES
Book and Journals
Roberts, J., 2018. Multinational business service firms: development of multinational
organization structures in the UK business service sector. Routledge.
Knoke, D., 2018. Changing organizations: Business networks in the new political economy.
Routledge.
Collings, D.G. and Isichei, M., 2018. The shifting boundaries of global staffing: integrating
global talent management, alternative forms of international assignments and non-
employees into the discussion. The International Journal of Human Resource
Management. 29(1). pp.165-187.
Etemad, H. and Dulude, L.S., 2018. Managing the Multinational Subsidiary: Response to
Environmental Changes and the Host Nation R&D Policies. Routledge.
Martinez-Martinez, A. and et.al., 2019. Knowledge agents as drivers of environmental
sustainability and business performance in the hospitality sector. Tourism Management,
70, pp.381-389.
Tallman, S., Luo, Y. and Buckley, P.J., 2018. Business models in global competition. Global
Strategy Journal. 8(4). pp.517-535.
Arnold, V., 2018. The changing technological environment and the future of behavioural
research in accounting. Accounting & Finance. 58(2). pp.315-339.
Bidault, F. and et.al., 2018. Willingness to rely on trust in global business collaborations:
Context vs. demography. Journal of World Business. 53(3). pp.373-391.
Nissenbaum, H., 2018. Respecting context to protect privacy: Why meaning matters. Science
and engineering ethics. 24(3). pp.831-852.
Teagarden, M.B. and Mellahi, K., 2018. Contextualizing international business research:
Enhancing rigor and relevance. Journal of World Business. 53(3). pp.303-306.