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The Ecological Environment: The Ecological Environment

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Ecological environment
The ecological environment is based on the relationship that the organisation has with ecology. Ecology represents other human beings, and the air, water and soil in the natural environment that support their well-being (Louw and Venter, 2013). Global warming is an issue facing organisations and the rest of the world and it is important for organisations to evaluate their contribution towards the problem. The potential impact regarding damage to the environment can cause severe customer and stakeholder backlash resulting in a reduction in the valuation of the firm. Our eco-friendly athletic shoe does not face such threats as it attempts to create a product which does not harm the atmosphere and will therefore receive …show more content…

Modern companies are enjoying the lowered barriers of trade and decreased trade costs. This gives rise to new competition in the global market which was previously isolated due to the above mentioned factors. Local companies are finding ways to enhance their performance by innovating and adapting new processes and product improvements. This dynamic, domestic sector leads to higher productivity, which can create sustainable competitive advantages for companies, as well as drive job creation and per-capita income growth for an economy (Baily, 2005). In order for our organization to grow outside of South Africa and develop as an international brand, it will have to compete on a global scale by targeting unfulfilled foreign …show more content…

Our business idea however, will pose an opportunity given the fact that more and more people are becoming conscious of sustainable living. It is important to acknowledge that many cultures exist within South Africa as well as immigrants currently residing in South Africa.
Culture has a direct influence on the marketing strategies used by companies to promote their products. Examples of products that failed in markets around the globe include Johnson’s floor wax in Japan, which made wooden floors slippery. The company failed to take into account that it is customary not to wear shoes at home in Japan. Coca-Cola in China, pronounced “Kooke Koule” by the Chinese, translates to “A thirsty mouthful of candle wax” (Doole, 2005). Customs, language barriers, target audience, technology and politics thus directly impact the geographical areas businesses wish to operate

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