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WMBA6990 Sustainable Business Practices and Strategies

Week 2 Discussion

The Social and Economic Impacts of Business

Organizations can directly and indirectly affect communities in both positive and negative ways. Their impacts can be simple, such as donating to a local school or sponsoring a neighborhood event, or they can be so profound that the organization shapes or reshapes the landscape of a community—or even the world—for generations. Perhaps an organization pollutes the local waterways or closes a factory that employed half the town, or an organization decides to build a theme park in an underdeveloped area that, in 50 years’ time, could become a top tourist destination. In this Discussion, you will explore the social and economic impact of an organization with which you are familiar or that you have researched.

To prepare for this Discussion:

Consider an organization with which you are familiar that had a social and economic impact on a community. The community can be one you are familiar with, or you can locate an example of another community through your research. Additionally, the organization’s impact on the community could have been positive or negative.

By Day 3

Post your analysis of the social and/or economic impacts of a business organization, to include the following:

Briefly describe the organization and the community in which it operates.

Analyze the organization’s social and economic impacts on the community (positive or negative). Provide specific examples to support your analysis.

Analyze how the benefits or consequences of this social and economic impact on the community shapes your perception and others’ perceptions of the organization.

Refer to the Week 2 Discussion Rubric for specific grading elements and criteria. Your Instructor will use this grading rubric to assess your work.

Read some of your colleagues’ postings.

By Day 5

Respond to two or more of your colleagues’ posts in one or more of the following ways:

Ask a question about the social and economic impacts the organization has had on the community that your colleague described.

Offer a related example from your own post to your colleague’s analysis of their selected organization’s impact on its community.

Provide an additional perspective on how the benefits or consequences of the social impact your colleague described could shape others’ perceptions of the organization by including how it would shape yours.


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