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XYZ company produces leather purses and they are using animals skin as raw material. i. Which values do you find disturbing in the above para? Find out the component of business environment which is being overlooked? Please answer fast class 12 chapter 3 business environment?
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XYZ company produces leather purses and they are using animals skin as...
Disturbing Values and Overlooked Component in XYZ Company's Business Environment

Disturbing Values:

1. Using animals skin as raw material: This can be viewed as unethical by animal rights activists and can lead to negative publicity for the company.
2. Lack of consideration for environmental impact: The company may not be taking into account the environmental impact of using animal skin as raw material, which can lead to harm to the ecosystem.

Overlooked Component:

Legal Environment

The legal environment refers to the laws, regulations, and policies that affect businesses. In the case of XYZ company, they may be overlooking the legal implications of using animal skin as raw material. Some countries have laws that prohibit the use of certain animal skins for commercial purposes. The company may also be violating animal cruelty laws if they are not obtaining the animal skins through ethical means.

Furthermore, the company may be overlooking the potential legal risks associated with negative publicity from animal rights activists. This can lead to lawsuits and damage to the company's reputation.

Conclusion:

It is important for businesses to consider all components of the business environment, including the legal environment, when making decisions. The use of animal skin as raw material can have negative implications for the company's reputation and legal standing. Therefore, XYZ company should consider alternative materials or obtain animal skins through ethical means to avoid potential legal and ethical issues.
Community Answer
XYZ company produces leather purses and they are using animals skin as...
Environmental
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Read the following passage and answer the questions that follow: At the micro level, every economy faces three central problems, i.e., what to produce, how to produce and for whom to produce.What to Produce : The problem of ‘what to produce’ arises as the producers have limited resources. In an economy because of scarcity of resources, producers are unable to produce everything in bulk but they will have to make a choice as to which one is important as a whole so that limited resources can be rationally managed. Problem of ‘what to produce’ involves two-fold decisions : the kind of goods to be produced and the quantity of goods to be produced.How to Produce : It is concerned with how to organise production. This problem is related to the choice of technique of production. It arises due to the availability of various techniques for the production of a commodity such as Labour– Intensive Technique and Capital–Intensive Technique.For Whom to Produce : The problem of ‘for whom to produce’ is the problem of distribution of produced goods and services. At the micro level, the decision relates to different sets of buyers in the economy. In an economy, producers would obviously be inclined to produce more for the rich buyers to maximise their profits but, the government also intervenes to regulate the use of resources, so that enough production is done for the poorer sections of the society also.Q. The problem of ..................... is the problem of distribution of produced goods and services.

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XYZ company produces leather purses and they are using animals skin as raw material. i. Which values do you find disturbing in the above para? Find out the component of business environment which is being overlooked? Please answer fast class 12 chapter 3 business environment?
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XYZ company produces leather purses and they are using animals skin as raw material. i. Which values do you find disturbing in the above para? Find out the component of business environment which is being overlooked? Please answer fast class 12 chapter 3 business environment? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about XYZ company produces leather purses and they are using animals skin as raw material. i. Which values do you find disturbing in the above para? Find out the component of business environment which is being overlooked? Please answer fast class 12 chapter 3 business environment? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for XYZ company produces leather purses and they are using animals skin as raw material. i. Which values do you find disturbing in the above para? Find out the component of business environment which is being overlooked? Please answer fast class 12 chapter 3 business environment?.
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