Activities Influencing Awareness and Understanding of Interrelationship

            Society, government, and business are associated with each other in such a way that they appear as an interdependent system which affects and is affected by culture, politics, and economics. The work that we are doing also influences how we exist. It will influence the exact amount of money we spend and how we manage our time. Consequently, our lifestyle is influenced by it. Our community or culture affects professional and personal, interests, perceptions, and values while our priorities of work might influence our perceptions of some specific government policies. In a converse manner, government regulations and policies influence our organizational success, life quality, and living standard (Brookfield, 2012).

            Society, government, and business are a part of a very large entity, and it encompasses individuals, but their existence relies on their interaction. Hence, it can be said that we all are interdependent. And when we start to see society, government, and business as an interrelated system, we see both the trees and the forest. A system is a body which is composed of interconnected parts which are dependent mutually. Businesses are influenced by governmental, social, and economic interactions. There are both secondary and primary involvement and hence, secondary and primary stakeholder groups or individuals possessing an interest in the performance of an organisation. Collective and individual power is held by stakeholders who can hinder or benefit an organisation, and their actions might influence the organisation or business, and perhaps even society and government.

            It is simple to think of important Canadian events which demonstrate the interdependence of society, government, and business. Its fisheries are critical examples of the interconnection of business and society. Subtle interconnections are often overlooked, but they still exist. Business is influencing society and society is influencing the business. These effects can be both weak and powerful. For instance, the decision of a person about avoiding a specific product might not influence the share value of a business, but shifts in the preferences of customers can mean the elimination of bean-bag chairs and yoyos (Gregorio D'Agostino, 2014).

            Successful organisations seem to pay very close attention to consumer interests and societal trends, and they also invest a lot of money to convince whole markets that their T-shirts or jeans are the right sit for individuals of a specific demographic. Other than tracking consumer trends and fashion trends, effective organisations heed some certain stakeholder concerns concerning problems like community contribution, labour rights, and environmental performance. The interaction and communication among stakeholders are what develops the system. If systems thinking is applied, patterns of interrelationship might be observed, and this might help a person in making more effective decisions both in society and business. As community members, shareholders, employees, consumers, and individuals, we might feel powerless from a specific responsibility because we don’t think that a difference can be made by our actions. But it is not the truth because stakeholders are capable of harnessing collective and individual power by aligning with or by voting an activist group, consumer coalitions, and advocacy groups etc (Turku, 2013).

            Overall, it can be said that businesses and societies are interconnected because any large decision they take has an immediate effect on each other. For instance, if a business increases the prices of its products, then customers will be influenced as they will have to pay more. In turn, society is affected by it because people make societies.

References of Activities Influencing Awareness

Brookfield, H., 2012. Interdependent Development. s.l.:Routledge, .

Gregorio D'Agostino, A. S., 2014. Networks of Networks: The Last Frontier of Complexity. s.l.:Springer, .

Turku, D. H., 2013. Isolationist States in an Interdependent World. s.l.:Ashgate Publishing, Ltd., .