question_answer

XYZ Co produces leather purses and they are using animal's skin as a raw material.

(i) Which values do you find disturbing in the above para?

(ii) Find out the component of business environment which is being overlooked?

Answer:

(i) The values overlooked by the company are: [a] Conservation of wildlife and natural heritage of fauna. [b] Religious sentiments of the people/society. (ii) Social component of business environment is being overlooked in this case. Social environment of business includes the social forces like customs and traditions, values, social trends, society's expectations from business, etc.