Report on Gender Inequality in Business within Global Society

This report analyzes gender inequality within the context of business and global society, focusing on Sustainable Development Goal (SDG) 5: Gender Inequality. It highlights disparities in the retail sector, particularly in pay and management roles, where women are often underrepresented in leadership positions. The report examines the impact of economic inequality, including income, wealth, and poverty gaps, and notes that women, especially women of color and transgender individuals, face significant economic hardships. It provides a SWOT analysis of gender inequality, including strengths like reduced income gaps, weaknesses such as limited organizational action, opportunities like women's empowerment initiatives, and threats such as political systems and benevolent bias. References from credible sources are included to support the analysis, providing insights into the complex issue of gender inequality in the business world.

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Business and Global Society
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3/20/2020
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Business and Global Society 1
SDG- Gender inequality
One of the sustainability development goals that have been considered to address is gender inequality.
General inequality acknowledges woman and men to be an equal considering the impact of gender on
individual experience of living. The difference is generally raised from distinctions in cultural norms,
psychology and biology. Some of these differences are grounded empirically and some are found it to
be socially constructed.
Gender inequality has been identified in retail sector since years as the mainly in payment to women
and men are not equal and a large or significant gap has been identified. For example, in the retail
sectors there are large number of women working as store teams however most of the senior
management teams are found to be of men.
The statistics for economic inequality reflect the impact on income gaps, wealth gaps and poverty
gaps. In nation across the globe and in United States woman are still found to be underrepresented
considering highly paid position, high-level jobs and are largely working for low-paying jobs.
Moreover it has been identified that transgender and women of colour are found to be experience high
level of unemployment, poverty and economic hardship. Considering the impact on gender income
gaps female dominated occupations are found to be restaurant service and child care service whereas
the representation of women are only 5% for Fortune 500 firms CEOs. This reflects that the high-level
income jobs are only offered to men and the opportunity has not been provided to women equally.
This reflects that the women are considered to be at minimum wage workers instead of top
management profiles. This is specifically identified in the financial industry across the globe (Epstein,
2018).

Business and Global Society 2
Figure 1: (Source: https://inequality.org/gender-inequality/)

Business and Global Society 3
Swot analysis
Strengths
1. Reduced income gap across organisation – Uniqlo Europe ltd has reflected the action taken
for equality in the organisation by reducing income gap and bonus gap in men and women.
2. Reduced unequal roles in management – The managerial role have also reduced by the
company, which act as the strength in gender equality.
Weakness
1. Limited action to organisation - The company SDG of gender equality is limited to the
organising, on the other hand in retail sector the inequality has increased to large extent.
2. Societal perception - Static perception of the society towards leadership, they think of men
while thinking of a leader. This perception is not easy to change (Botwinick, 2018).
Opportunity
1. Encourage women empowerment – women encouragement initiative in the society can be
taken by the company to reduce gender inequality.
2. Training and development – Training programs can be provided to individuals, especially
women of rural areas to encourage education and skills enhancement.
Threats
1. Political system – The political system could be one of the largest threat in gender
inequality as the most observed sector with gender inequality is political system.

Business and Global Society 4
2. Benevolence Bias – This reflects need for protection and perception towards women. This
acted as the fewer positions to women. Moreover women with child are not considered as
prior when it comes to giving managerial positions (Fincher, 2016).

Business and Global Society 5
References
Botwinick, H., 2018. Persistent inequalities: wage disparity under capitalist competition.
U.S: Brill.
Epstein, M.J., 2018. Making sustainability work: Best practices in managing and measuring
corporate social, environmental and economic impacts. London: Routledge.
Fincher, L.H., 2016. Leftover women: The resurgence of gender inequality in China. china :
Zed Books Ltd.