Business Conflicts and Success Strategies

This assignment delves into the multifaceted nature of business conflicts, examining their origins in areas such as corporate social responsibility, labor relations, and environmental concerns. It analyzes how ethical conduct can serve as a framework for resolving conflicts and fostering sustainable business success. The discussion highlights strategies for predicting financial targets, implementing quality administration, and utilizing applied mathematics methods to drive organizational growth.

UNDERSTANDING
BUSINESS

Table of Contents
1. Analysis of political or economic issues in business...................................................................3
2. Analysis of social, environmental or ethical issues in business...................................................4
3. Analyse the legal and technological issues in business...............................................................4
REFRENCES.......................................................................................................................................6

INTRODUCTION
According to UK economy based economy business issues are the point of speech or
interaction and conflicts which has been prevailing within the business organization. Business
issues are basically associated with shares or bonds that is offer of official document instruments to
general public through stock exchange or group selection by the private public. The wider aspects
of business conflicts are generally the unsupportive problems in businesses which are creating
wider aspects of the destructive impact. By visualizing the sole business conflicts of an
administration is an essential part of instrumentation of Six sigma technique in the business
organization. This technique is helpful in visualization of business problems or identifying the
business problems as well . This is a very useful or proactive tool in order to calculate the
difficulties and findings of the business . Basically its a business development strategy for
prediction forecasting financial targets through quality administration and applied mathematics
methods. The general issues are corporate social responsibility, corruption, strikes and lockouts,
labour law, privatization and corruption as well. A growing business is a booming business and it
usually means prosperity or achievement. From the above discussions administrative concern is the
key aspects in today's business world either economically or socially and politically ( Nelis, 2014.).
1. Analysis of political or economic issues in business
According to UK economy political or economic conflicts in business has been concerned
with problem and rivals in business environment related with economies for scale, manpower and
political conditions prevailing in and outside the business environment to a greater extent.
Following are the determinants that effects the political or economical conditions in business.
CREDIT : It is generally refereed as granting of logistics including goods and services or returning
of a future payment money by promise. Generally credit is accompanied by an interest charge
which subsequent makes the future payment larger than the processing payment would have seen.
ECONOMIC ENEQUALITY : It refers to the assessment of the degree of disparity or not
considered as equally with an economy. It is carried out by measuring the income, amount of wealth
or expenses apportioned among the chosen population and geographical area ( Nelis, J 2014 ).
LARGER DIPRESSION : Depression is the another important cause in relation with business
issues. Generally its a time period of hardships and sweeping change. Its a thought emerging with
bad luck, misfortunes, tough times, asperity , negative feeling , changes in perceptions and
attributes. These are the consequences related with larger depressions in relation with business
conflicts. In the organizational culture the depression results due to salary issue,health,
environmental conditions, background of the company and the employee, sexual harassment,
molestation, corruption, behavioural attributes and most importantly policies of the organizations.
HYPER INFLATION : It is usually considered as rapid and uncontrollable inflation in order to
increase in prices and connected with governmental or social instability.
POVERTY : It is the usual realistic situation that occurs both at global and societal level. Generally
poverty determines the condition of the country according to developed and developing countries.
It effects the overall growth of the busies by considering the poverty level of the country and results
in lower market production exports by taking an account to a developing country.
RECESSION : It is the state that occurs when there is as low down of economic activities of two
consecutive terms . It is an indication of increasing unemployment grater than its usual rate and as a
result in dropping down of GDP.
UNEMPLOYMENT : The major concern for business is the unemployment . It came from the
growth of the dependency on wage employment . It regards to the exception from the compensated

employment.
According to above concerns related with the business, it can be concluded that, these issues
will hinder the progress of the business. To eradicate these types of poverty, unemployment,
depression and inequality , different methods should be adopted and process. They are the major
concern for each and every business life cycle and different steps should be adopted in order to
overcome this problem.
2. Analysis of social, environmental or ethical issues in business
According to UK economical conditions there some some environmental, social or ethical
conflicts prevailing in and outside the business organisations. Following are the conflicts according
to social, environment and ethical considerations which hampers or diversify the development of
the business.
ENVIRONMENTAL ISSUES : The main environmental conflicts which affects the business
environment consists of waste coming from industries in the form of hazardous chemicals and
smoke which affects the aquatic life and the tropical surroundings of the atmosphere. This point of
conflict has affect the business in order to change the equipments and operation by obeying the laws
by the government to run into the obligatory regulations or standards (Medlin,C.J 2012. ).
WASTE : By manufacturing of products and services there is a wastage of raw materials to a grater
extent by processing, packaging. The environmental public prohibit the indiscriminate drum ping of
by product so business decides the best possible ways of dispensation also adopted many recycling
programmes in order to use the products and services and protect out from the wastage.
SUSTAINABLE DEVELOPMENT : By using raw materials manufacturers put their goods
together .it helps in the development of sustainable development. They are natural like woods,
citizenship that requires business to use it and progress.
ETHICAL ISSUES : Ethics are the moral principles that guides the business in different ways of
behaving . It also determines the right and wrong and accordingly making the choice. In general
ethics are the branch of philosophy that deals with a concept of good, evil, right or wrong. In ethics
societal values are described in which issues of right or wrong are addressed.
There are some issues prevailing in the business environment are the missing of proper
directions and logical reasoning. There are some point of conflicts with administration of rules and
regulations in the organizations. In today's world scenario people from the top management and the
business owners understood the concept of ethical issues which in results in better implementation
and fast growing technology. It provides benefits to the society by enticing customers and thereby
boosting sales and profits. Business ethics encourage the overall development of the organization.
Make proper functioning of the organization by adopting certain rules and regulations according to
the ethical conduct.
Following are the above considerations in the context of societal, ethical and environmental issues.
According to the above points, it can be concluded that, by taking these issues in
consideration, the business environmental conditions can be made better and foster the development
. These are the major important causes associated with strategical business development which
affects the society , management and ethical conducts related with the business. In this session the
use of advance technology provides the great help in order to run the business by making the better
environmental conditions as well. These innovative methods should be adopted in order to
diviresify the challenges and improve the business surroundings.
3. Analyse the legal and technological issues in business.
According to UK economy there are some point of differences between legal and

technological issues in business. Legal issues are generally dealing with authorization like
accreditation, certain policies of the business, governmental policies and certain standards
according to the law. Technological issues are dealing with all about technological advancement
bacterially machinery, innovative methods, advance software, tools and techniques associated with
the business. Scientific methods permitted business to achieve their goals more easily and
appropriately and before time. In certain areas these types of technologies may considered as
unethical because they destroy the rights of an individual. There are some advance methods of
software which come in progress. They determine the complete and full details of an individual by
the internet sources as well. Government have passed certain privacy laws and ordered
communication companies (Stanwick,S.d 2013 ).
By the application of technology individual privacy has been clearly identified and .
Company's can track internet usage, personnel habits, account details and many more. some
companies self censored and apply internal policies. Privacy is the most important concern for the
companies. Companies supervise employees and visitors and collect much important info in the
name of security. Ethical issues comes from the non-stop observation of employee action and the
transcription of images by security cameras .
business development strategy for prediction forecasting financial targets through quality
administration and applied mathematics methods. The general issues are corporate social
responsibility, corruption, strikes and lockouts, labour law, privatization and corruption as well.
through email, videoconferencing and text SMS. They are the very convenient ways of interaction
than the telephonic process. Some of the ethical implications based on these technologies is
surveillance or investigation if these activities are carried out without the knowledge or definite
statement of employees.
New technology permitted the simple arrangement and initiation of images and videos for
this the members of the company requires the guidance in order to acknowledged the option.
Without any guidance the content will be offensive within the members of the organization. this
results in pornography.
According to the above research findings of various technological and legal issues adopted
in the business. It can be concluded that the legal issues are totally related with the authorization
and accredit by the various legal standard. These methods help the company in order to protect from
certain legal matters prevailing in the industries. There are some advance technological methods
which provides some innovate ideas and concepts for the growth and success.
CONCLUSION
According to the above discussion it can be concluded that business issues are generally
based on shares or bonds and offer and acceptance. The wider aspects of business conflicts are
generally the unsupportive problems in businesses which are creating wider aspects of the
destructive impact. The environmental surroundings determines the key aspects of business
conflicts prevailing within the business cultural heritage. Business development strategy for
prediction forecasting financial targets through quality administration and applied mathematics
methods. The general issues are corporate social responsibility, corruption, strikes and lockouts,
labour law, privatization and corruption as well. It provides benefits to the society by enticing
customers and thereby boosting sales and profits. Business ethics encourage the overall
development of the organization. Make proper functioning of the organization by adopting certain
rules and regulations according to the ethical conduct. By these methods business ethics prove to be
very strong linkage and bonding with in the organizational cultural surroundings to a broader
aspect.

REFRENCES
BOOKS AND JORNALS
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