{"id":1052,"date":"2022-04-21T11:54:00","date_gmt":"2022-04-21T09:54:00","guid":{"rendered":"https:\/\/support.centreforelites.com\/ethical-issues-in-business\/"},"modified":"2024-03-07T22:20:36","modified_gmt":"2024-03-07T20:20:36","slug":"ethical-issues-in-business","status":"publish","type":"post","link":"https:\/\/support.centreforelites.com\/en\/ethical-issues-in-business\/","title":{"rendered":"Ethical Issues in Business"},"content":{"rendered":"\n<p class=\"\">National and Multinational Corporations are spread across the globe, but their <span style=\"font-size: 13pt; line-height: 150%;\">operations vary from one another. Therefore it is imperative to know the ethical issues that governed their businesses. This is because domestic business is not the <\/span>same as international business. Thus, the ethics that governed domestic businesses are quite different from that of international businesses.&nbsp;<\/p>\n\n\n\n<p class=\"\"><b>Ethical issues<\/b> arise because of the differences in economic <a href=\"https:\/\/support.centreforelites.com\/en\/definition-of-growth-and-development\/\">development<\/a>, politics, legal systems and culture. The term ethics refers to accepted principles of right or wrong that governed the conduct of a person, the members of a profession, or the actions of an <a href=\"https:\/\/motivemeaning.blogspot.com\/2022\/04\/introduction-to-administration-and.html\">organization<\/a>. Business ethics are the accepted principles of right or wrong governing the conduct of business people. This article examines ethical issues as they affect business activities.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69eb2e1884fa0\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69eb2e1884fa0\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/support.centreforelites.com\/en\/ethical-issues-in-business\/#Ethical_issues_in_Business\" >Ethical issues in Business<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/support.centreforelites.com\/en\/ethical-issues-in-business\/#Employment_Practice\" >Employment Practice<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/support.centreforelites.com\/en\/ethical-issues-in-business\/#Ethical_Issues_and_Human_Rights\" >Ethical Issues and Human Rights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/support.centreforelites.com\/en\/ethical-issues-in-business\/#Environmental_Pollution\" >Environmental Pollution<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/support.centreforelites.com\/en\/ethical-issues-in-business\/#Corruption\" >Corruption<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/support.centreforelites.com\/en\/ethical-issues-in-business\/#Moral_Obligation\" >Moral Obligation<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Ethical_issues_in_Business\"><\/span><span style=\"mso-bookmark: bookmark887;\"><span style=\"mso-bookmark: bookmark890;\">Ethical issues in Business<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"\"><a name=\"bookmark890\"><\/a><\/p>\n\n\n\n<p class=\"\">Most of the ethical issues in businesses are rooted in the fact that political systems, <span style=\"font-size: 13pt; line-height: 155%;\">laws, economic <a href=\"https:\/\/support.centreforelites.com\/en\/definition-of-growth-and-development\/\">development<\/a> and culture vary significantly from nation to nation.<\/span><\/p>\n\n\n\n<p class=\"\"><span style=\"font-size: 13pt; line-height: 155%;\">What is considered normal practice in one nation may be considered unethical in another. Because they work for an institution that transcends national borders and culture, managers, especially for international firms need to be particularly <\/span>sensitive to these differences. Some of these ethical issues are thus briefly discussed below:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Employment_Practice\"><\/span><span style=\"mso-bookmark: bookmark892;\"><span style=\"mso-bookmark: bookmark893;\">Employment Practice<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"\"><a name=\"bookmark893\"><\/a><\/p>\n\n\n\n<p class=\"\">Working conditions vary from one nation to another, from one firm to another. This therefore raise some questions such as when work conditions in a host nation are clearly inferior to those in multinationals home nation, what standards should be applied? Those of the home nation or those of the host nation may apply something in between.<\/p>\n\n\n\n<p class=\"\">While some people may support that pay and work conditions should be the same across the nation, how much divergence is acceptable? For example, Nigeria operates eight hours of daily work, while some nations such as Britain operate twelve hours of daily work. Also per day or hourly pay vary among <span style=\"font-size: 13pt; line-height: 150%;\">nations of the world. For instance Nigeria is considered as one of the least pay <\/span>country, hence, it is extremely difficult to suggest standards that should be applied.<\/p>\n\n\n\n<p class=\"\">However, international business managers should endeavour to study employment practices as they apply to those host countries of their business.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Ethical_Issues_and_Human_Rights\"><\/span>Ethical Issues and <span style=\"mso-bookmark: bookmark895;\"><span style=\"mso-bookmark: bookmark896;\">Human Rights<\/span><\/span><a name=\"bookmark896\"><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"\"><span style=\"font-size: 13pt; line-height: 150%;\">Questions of human rights can arise in international business and as well as on domestic business. Some basic human rights are not respected in some nations, especially by the developing countries. For instance, rights that we take for granted in developing nations, such as freedom of association, freedom of speech, freedom of assembly, freedom of movement, freedom from political repression and so on, <\/span>are by no means universally accepted.&nbsp;<\/p>\n\n\n\n<p class=\"\">For example, during days of apartheid system in South-Africa, blacks were not permitted to participate in socio-economic activities which were dominated by the whites. But after the independence, this practice was abolished. In addition, during military regime in Nigeria, many citizens including journalists and human right activists were wrongfully detained. However, Nigeria operates multi-party systems as a means of challenging the wrongs of the government in power. As business man you should understand politic- business relationship, this is because the effects on party in power may affect business activities either positively or negatively.<\/p>\n\n\n\n<p class=\"\">The issue of foreign multinational firms doing business abroad violates human <span style=\"font-size: 13pt; line-height: 150%;\">rights is critical in international business. For example, Nigeria is a country where <\/span>serious questions have arisen over the extent to which foreign multinationals doing business in the country have contributed to human rights violation? For instance, the largest foreign oil producer in the country -Royal Dutch Shell has been criticized in Niger Delta over environmental pollution. Recently, Jonathan\u2019s administration ordered Shell Company should bear some environmental costs of <span style=\"font-size: 13pt; line-height: 150%;\">their operations in Niger delta. Notwithstanding, as business managers, issues of <\/span>human rights should be critical studied and apply accordingly.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Environmental_Pollution\"><\/span><span style=\"mso-bookmark: bookmark898;\"><span style=\"mso-bookmark: bookmark899;\">Environmental Pollution<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"\"><a name=\"bookmark899\"><\/a><\/p>\n\n\n\n<p class=\"\">Ethical issues arise when environmental regulations in host nations are inferior to <span style=\"font-size: 13pt; line-height: 157%;\">those in the home nation. For instance, many developed nations have substantial regulations governing the emission of pollutions, the dumping of toxic chemicals and so on. Some of these regulations are often lacking in developing nations, such like Nigeria. For example, according to a 1992 report prepared by environmental <\/span>activists in Nigeria in Niger Delta region, it state that<\/p>\n\n\n\n<p class=\"\">&nbsp;<\/p>\n\n\n\n<p class=\"\">Apart from air pollution from the oil industry\u2019s emissions Flares day and night. Producing poisonous gases that are silently and systematically wiping out vulnerable air\u00adborne biota and endangering the life of plants, game and man himself, we have widespread water pollution and Soil\/land pollution that results in the death of most aquatic eggs and Juvenile stages of the life of finfish and shellfish on the other hand, whilst, on the other hand, agricultural land contaminated with oil spills, becomes dangers for farming, even when&#8230;<\/p>\n\n\n\n<p class=\"\"><span style=\"font-size: 13pt; line-height: 160%;\">The implication of this is that pollution controls applied by foreign companies in Nigeria were much lesser than those in developed nations, such like UK and USA. Therefore, should a multinational feel free to pollute the developing nations? Is there a danger that a moral management might move production to a developing nation because costly pollution controls are not required, and the company is therefore free to despoil the environment and perhaps endanger local people in its <\/span>quest to lower production costs and gain a competitive advantage?<\/p>\n\n\n\n<p class=\"\"><span style=\"font-size: 13pt; line-height: 155%;\">These questions take on added importance because some parts of the environment <\/span>are a public good that no one owns but anyone can despoil. No one owns the atmosphere or the oceans, but polluting both, no matter where the pollution <span style=\"font-size: 13pt; line-height: 155%;\">originates, harm all.&nbsp;<\/span><\/p>\n\n\n\n<p class=\"\"><span style=\"font-size: 13pt; line-height: 155%;\">The atmosphere and oceans can be viewed as a global commons from which everyone benefits but for which no one is specifically responsible. In such cases, a phenomenon known as the tragedy of the commons becomes applicable. The tragedy of the commons occurs when individuals overuse a resources held in common by all, but owned by no one, resulting in its degradation. The phenomenon was first named by Garrett Hardin when describing <\/span>a particular problem in six-tenth century in England.<\/p>\n\n\n\n<p class=\"\"><a name=\"bookmark902\"><\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Corruption\"><\/span><span style=\"mso-bookmark: bookmark904;\"><span style=\"mso-bookmark: bookmark905;\">Corruption<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"\">&nbsp;<\/p>\n\n\n\n<p class=\"\"><span style=\"font-size: 13pt; line-height: 157%;\">Corruption has been a problem in almost every society in history and it continues to be one today. There are always have been and always will be corrupt government officials. Some businesses managers have taken advantage of this ill practice by making payments to these officials. For example, Carl Kotchian, the president of Lockheed, made a $12.5 million payment to Japanese agents and government officials to secure a large order for Lockheed\u2019s TriStar Jet from Nippon Air.&nbsp;<\/span><\/p>\n\n\n\n<p class=\"\"><span style=\"font-size: 13pt; line-height: 157%;\">When the payments were discovered, US officials charged Lockheed with falsification of its records and tax violations. Although such payments were <\/span>supposed to be an accepted business practice in Japan, the recreations created a scandal there too. The government ministers in question were criminally charged, one committed suicide, the government fell in disgrace and the Japanese people were outraged. Apparently, such a payment was not an accepted way of doing business in Japan. The payment was officials, to secure a large order that might otherwise have gone to another manufacturer, such as \u2018Boeing\u2019. This case took place in the 1970s.<\/p>\n\n\n\n<p class=\"\"><span style=\"font-size: 13pt; line-height: 155%;\">Recently, the Senate Committee on Sale of Government Properties in Nigeria ordered the Bureau for Public Properties (BPP) for a public hearing over the sale of government properties during Obasanjo\u2019s administration. During the public hearing, the civil servants, and the communities where these properties were situated alleged that they were not carried along, and the money collected from such sales was not remitted to government accounts.&nbsp;<\/span><\/p>\n\n\n\n<p class=\"\"><span style=\"font-size: 13pt; line-height: 155%;\">It was revealed also during the public hearing <\/span>that the foreigners who claimed to have bought these properties especially hotels, corporations, estates, etc, did not pay the actual money bidding for these properties, and they have overused such properties without remittance to the government of Nigeria. The senate frown that this is an illegal act in Nigeria and thus the concerned victims are being prosecuted appropriately.<\/p>\n\n\n\n<p class=\"\">Similarly in the Oil industry, some acts are considered lawful and unlawful in some nations. For instance, oil buckury and subsidy payments are considered lawful, hence Nigeria government paid oil marketers these subsidies, and illegal buckers are not always persecuted. Where attempts are made in persecuting the actors and actresses, some of these cases are not always conclusive in Nigeria. Whereas in advanced nations, such like UK and Canada, such acts are considered unlawful, <span style=\"font-size: 13pt; line-height: 150%;\">and the actors and actresses are persecuted accordingly in relations to the laws of <\/span>the country.<\/p>\n\n\n\n<p class=\"\">Research revealed that corruption reduces the returns on business investment and leads to low economic <a href=\"https:\/\/support.centreforelites.com\/en\/definition-of-growth-and-development\/\">growth<\/a>. In a country, where corruption is common, <span style=\"font-size: 13pt; line-height: 150%;\">unproductive bureaucrats who demand side payments for granting the enterprise <\/span>permission to operate may siphon off the profits fro a business activity. This reduces business incentives to invest and may retard a country\u2019s economic <a href=\"https:\/\/support.centreforelites.com\/en\/definition-of-growth-and-development\/\">growth<\/a> rate.<\/p>\n\n\n\n<p class=\"\">There are countless examples that could be sited, nevertheless, the message here is <span style=\"font-size: 13pt; line-height: 150%;\">that business investors should know each country business practice, especially <\/span>where he\/she wish to do business.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Moral_Obligation\"><\/span><span style=\"mso-bookmark: bookmark907;\"><span style=\"mso-bookmark: bookmark908;\">Moral Obligation<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"\"><a name=\"bookmark908\"><\/a><\/p>\n\n\n\n<p class=\"\"><span style=\"font-size: 13pt; line-height: 157%;\">Multinationals have the power to control their resources and to move production from country to country. Nevertheless, this power is constrained not only by laws and regulations, but also by the discipline of the market and the competitive process. Some moral philosophers argued that multinationals should give back something to <\/span>the society where they derived profits. This refers to social responsibility&nbsp;<\/p>\n\n\n\n<p class=\"\"><span style=\"font-size: 13pt; line-height: 157%;\">The concept of social responsibility refers to the idea that business people should consider the social consequences of economic actions when making business decisions and that there should be a presumption in favour of decisions that have <\/span>both good economic and social consequences. Advocates of this approach argued that businesses, particularly big successful businesses, such as Shell, Mobil, Total, etc need to recognise their noble obligations and should give something back to the societies that made them in their business activities<\/p>\n\n\n\n<p class=\"\">On the contrary, there are examples of multinationals in Niger Delta of Nigeria, such Shell, Mobil, etc that have abused their power by neglecting social responsibilities. Most often, the areas of operations by these companies have been <span style=\"font-size: 13pt; line-height: 150%;\">polluted. But, companies such as MTN, GLO, Airtel, etc in Nigeria have <\/span>acknowledged a moral obligation to use their powers to enhance social welfare in the communities where they do business, by building schools, building hospitals, offering scholarships, etc.<\/p>\n\n\n\n<p class=\"\"><span style=\"font-size: 13pt; line-height: 150%;\">In conclusion, as business managers, it is pertinent to critically study the ethics of <\/span>the countries you wish to do business with and the policies that governed such business activities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>National and Multinational Corporations are spread across the globe, but their operations vary from one another. Therefore it is imperative [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"wds_primary_category":135,"footnotes":""},"categories":[135],"tags":[250],"class_list":["post-1052","post","type-post","status-publish","format-standard","hentry","category-fundamentals-of-marketing","tag-business-ethics"],"aioseo_notices":[],"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":1051,"url":"https:\/\/support.centreforelites.com\/en\/theories-of-business-ethics\/","url_meta":{"origin":1052,"position":0},"title":"3 Theories of Business Ethics","author":"centreforelites","date":"April 21, 2022","format":false,"excerpt":"This article examines three theories of business ethics. There are a good number of theories in Business ethics, but here we shall focus our attention on the major three of them. Theories of Business Ethics Stakeholder Theory The stakeholder theory of the firm is used as a basis to analyze\u2026","rel":"","context":"In &quot;Fundamentals of Marketing&quot;","block_context":{"text":"Fundamentals of Marketing","link":"https:\/\/support.centreforelites.com\/en\/category\/fundamentals-of-marketing\/"},"img":{"alt_text":"Theories of Business Ethics","src":"https:\/\/i0.wp.com\/support.centreforelites.com\/wp-content\/uploads\/2022\/04\/Theories-of-Business-Ethics.png?fit=720%2C563&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/support.centreforelites.com\/wp-content\/uploads\/2022\/04\/Theories-of-Business-Ethics.png?fit=720%2C563&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/support.centreforelites.com\/wp-content\/uploads\/2022\/04\/Theories-of-Business-Ethics.png?fit=720%2C563&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/support.centreforelites.com\/wp-content\/uploads\/2022\/04\/Theories-of-Business-Ethics.png?fit=720%2C563&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":1076,"url":"https:\/\/support.centreforelites.com\/en\/nature-and-scope-of-the-business-market\/","url_meta":{"origin":1052,"position":1},"title":"NATURE AND SCOPE OF THE BUSINESS MARKET","author":"centreforelites","date":"April 10, 2022","format":false,"excerpt":"\u00a0The business market consists of all business users, organizations that buy goods and services for one of the following purposes: (i)\u00a0\u00a0\u00a0\u00a0 To make other goods and services. FFF buys wood to make furniture. (ii)\u00a0\u00a0\u00a0\u00a0\u00a0 To resell to other business users or to consumers. (iii)\u00a0\u00a0\u00a0\u00a0\u00a0 To conduct the organization's operations. The\u2026","rel":"","context":"In &quot;Marketing&quot;","block_context":{"text":"Marketing","link":"https:\/\/support.centreforelites.com\/en\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1093,"url":"https:\/\/support.centreforelites.com\/en\/analysis-of-the-marketing-environment\/","url_meta":{"origin":1052,"position":2},"title":"ANALYSIS OF THE MARKETING ENVIRONMENT","author":"centreforelites","date":"April 10, 2022","format":false,"excerpt":"\u00a0Every move a marketer makes is affected by, and has some effect on his marketing environment. This could happen on a small scale, such as between a manufacturer and a retailer. It could also happen on a larger scale involving entire industries and governments. Very often, changes in the elements\u2026","rel":"","context":"In &quot;Marketing&quot;","block_context":{"text":"Marketing","link":"https:\/\/support.centreforelites.com\/en\/category\/marketing\/"},"img":{"alt_text":"ANALYSIS OF THE MARKETING ENVIRONMENT","src":"https:\/\/i0.wp.com\/support.centreforelites.com\/wp-content\/uploads\/2022\/04\/ANALYSIS-OF-THE-MARKETING-ENVIRONMENT1.jpg?fit=724%2C504&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/support.centreforelites.com\/wp-content\/uploads\/2022\/04\/ANALYSIS-OF-THE-MARKETING-ENVIRONMENT1.jpg?fit=724%2C504&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/support.centreforelites.com\/wp-content\/uploads\/2022\/04\/ANALYSIS-OF-THE-MARKETING-ENVIRONMENT1.jpg?fit=724%2C504&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/support.centreforelites.com\/wp-content\/uploads\/2022\/04\/ANALYSIS-OF-THE-MARKETING-ENVIRONMENT1.jpg?fit=724%2C504&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":1071,"url":"https:\/\/support.centreforelites.com\/en\/the-concept-business-market\/","url_meta":{"origin":1052,"position":3},"title":"The Concept Business market","author":"centreforelites","date":"April 10, 2022","format":false,"excerpt":"The business market consists of organizations that buy goods and services to produce other goods and services, to resell to other business users or consumers, or to conduct the organization's operations. 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