Thursday, December 26, 2019
Organizations dealing with Social, Environmental and Economic Factors Free Essay Example, 4250 words
Caterpillar is striving to meet the requirements of Global Citizenship.  Dealing with the social, environmental and economic conditions of each and every society accordingly. Social FactorsAs a global company, Caterpillar seeks to become actively involved in all of the communities where we work and live. We encourage our employees to become engaged in their communities as well, supporting organizations throughout the United States and the world. Organizations such as the United Way, Salvation Army and Habitat for Humanity provide great volunteer opportunities for employees and help solve local problems by contributing to their communities' welfare and prosperity. Environmental FactorsTheir products are designed in such a way to minimize the harmful effects on the natural environment. They believe in the efficient use of the world s resources as their inputs and this can easily be seen in their designs, and manufacturing processes. For the sake of natural environment sustainabil ity, Caterpillar is involved with organizations ranging from the nature conservancy to the global mining initiatives. Economic FactorsCaterpillar effectively responded to unprecedented customer demand in 2005 and reported full-year sales and revenues of $36.339 billion and profit per share of $4.04.We will write a custom essay sample on Organizations dealing with Social, Environmental and Economic Factors or any topic specifically for you Only $17.96 $11.86/page They include Market pressures, Technological Pressures, and social pressures.