It can be said that in recent world the marketplace is highly competitive and globally challenged and in order to progress I should enhance my skills and compete in a changing environment in order to survive in such situation which is more politically and culturally diverse. The Business, Government and Society program has proved beneficial for me in implementing my skills in order to survive successfully in the globally challenged business environment in the future. The learning associated with government helped in providing knowledge about the different policies maintained by the government itself and at the same time how it would be applicable to the business ethics. It is evident that government played major role in ensuring the operation of business in an ethical manner for instance the government intervention in business practices has helped to reduce unnecessary competition and helped to promote ethical business practices. In this way similarly the study of society has proved to be beneficial in understanding the social and ethical obligations of general public in business establishment for instance the operation of certain business structures require approval of the general public of the society. The learning associated with the study of business would be practically helpful in continuing my career as a manager however in order to gain success in this field I should be responsive to and aware of both non-economic and economic environments. In recent world in a growing competition it is necessary that I should pace forward by developing highly motivating skills in order to grab new opportunities.
The Business, Government and Society program has been very useful in providing adequate information and knowledge about the prevailing conditions and issues related to cultural and ethical demands of the society and the government as a whole. It has been observed that the program however failed to provide much information to the underlying problems related to the survival of an individual in a globally competitive market. The program however did not provide adequate information about the survival strategies in a highly competitive business era and shape personality and values according to it. The one particular area where the class completely failed to meet with my expectation is regarding the study of business as the program could not provide adequate information to support the problems related to the survival of an employee in a competitive environment.
It is to be noted that an individual firstly should develop an idea regarding the meaning of social license which can be defined as the ongoing approval as well as acceptance associated with the industry’s business practices as well as the operating procedures within its stakeholders and the general public (Owen & Kemp, 2013). According to Rex Murphy, there exists no social license because it will be difficult for the industries to operate their business however if the government has already issued permit the general public has not granted permission regarding the same and therefore in this way the industrial development sectors has faced a major drawback. (Dare, Schirmer & Vanclay, 2014). It can be emphasized that though Rex Murphy’s statement was not incorrect that social license do not exist however it can be noted that industrial operation in a particular area requires approval of the general public due to the principle of public policy. It can be observed that sometimes most of the industries do not get approval of the common people when conducting any business plan on a specific site like for example a paper mill is to be developed in a particular village and people are well aware of the emission of toxic gases and the water discharges from such industry which highly pollutes the environment therefore in such cases there is no change of getting approval from the local people and in this way the industry faces major challenges.
The federal and the provincial government plays significant role in uplifting the Canadian economy and therefore the enterprises operating in Canada should invest in government relation strategies (Watts, 2015). In order to initiate any new business plan in Canada it is necessary that government ministries be involved by taking proper initiation in conducting meeting between the enterprise and the government officials. It has been observed that the federal and provincial governments of Canada has a well structured healthcare industry which from the very beginning had been focusing on delivering best health care services (Kushniruk et al., 2013). It has been noted that the interaction of government in business matters would lead to efficient working of the sectors in order to improve their decision-making qualities. There has been increased interaction between the government and the private sectors and however as a result of this conflict of interests between the private enterprises ant the government has been prevalent. In recent years it has been observed that in every jurisdiction of Canada the registration of lobbyists has been increasing and most of the provincial legislatures of Canada have been moving forward to create the lobbyist registry. In the beginning the people had opposed to the policy of lobbying however it was observed that such policy contributed in promoting communications with the public officials for the benefit of the nation. The Canadian Government has always been efficient in understanding the needs of the enterprises however it emphasized that the industry and the general public would be benefitted from such relationship.
The most important geographical feature of Canada is the Canadian Shield which separates it from the rest of the world. It has been observed over the years that the unique geographical features of Canada have contributed in shaping it as a confederation other than federation however it is known that Canada is a federation and would not be considered as a confederation in any way. The unique geographical feature from time immemorial has created transportation problem between the United States and Canada due to its concentration within the population corner along the United States border. It has been observed that Quebec has formally withdrawn from confederation and avoided the political differences so far in order to promote friendly relations among provinces. It has been observed that some provinces of Canada had been relying upon United States for its political and governmental development however it was seen that the geographical boundary distinguishes Canada from the United States as the former lies outside the boundary of the river transport system of the latter (Michalos, 2017). The separation of the river boundary has largely affected the interests of the people of various regions situated within the country and as a result of which conflict rose over certain issues. The location of Canada outside the river transport system of United States has largely affected the export culture of Canada as the Canadian river system was not efficient in carrying large amount of products for exports. In this regard it can be stated that the unique topography has immensely affected the political outlook of the Canadian people which largely influenced the regulations and governance and largely affected the trading culture thus providing huge barrier to international trade.
In order to develop a newly planned business structure it is necessary that there must be an effective strategy behind such initiation however Corporate Social Responsibility program can be considered as an important policy for the purpose. It can be noted that a business model is created to contribute immensely to the benefit of its stakeholders and at the same time for social benefit therefore for the successful implementation of the business model it is necessary that there should be Corporate Social Responsibility (CSR) program (Mass & Reniers, 2014). The Corporate Social Responsibility program proved to be beneficial for implementing business strategy in many ways like providing brand recognition, increasing sales level as well as customer loyalty and organizational growth. It is to be kept in mind that in order to prepare a well structured CSR program the do’s and don’ts of such policy has to be administered and for that purpose it is necessary that the business approach be kept simple and complicated ideas should not be involved in the first stage. It is essential to gain the trust of the customers in order to develop ideas from their taste and preferences however the model should be created by understanding the interests of the customers. It can be stated that for the successful strategy implementation that one should be honest while conducting business otherwise it may lose the trust of global customers in the long run.
Dare, M., Schirmer, J., & Vanclay, F. (2014). Community engagement and social licence to operate. Impact Assessment and Project Appraisal, 32(3), 188-197.
Kushniruk, A. W., Bates, D. W., Bainbridge, M., Househ, M. S., & Borycki, E. M. (2013). National efforts to improve health information system safety in Canada, the United States of America and England. International journal of medical informatics, 82(5), e149-e160.
Maas, S., & Reniers, G. (2014). Development of a CSR model for practice: connecting five inherent areas of sustainable business. Journal of Cleaner Production, 64, 104-114.
Michalos, A. C. (2017). Creating a Culture of Support for the Social Sciences: Lessons from the First Forty Years of the Social Science Federation of Canada. In Philosophical Foundations of Quality of Life (pp. 229-289). Springer, Cham.
Owen, J. R., & Kemp, D. (2013). Social licence and mining: A critical perspective. Resources Policy, 38(1), 29-35.
Watts, R. L. (2015). Comparing Federal Political Systems. Understanding Federalism and Federation, 11.
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