Correlation Between Social Factors and Business

Only available on StudyMode
  • Download(s): 79
  • Published: December 9, 2012
Open Document
Text Preview
SOCIOLOGY ASSIGNMENT

Correlation between Social Factors and Business

Submitted To:

Shah Ehsan Habib Associate Professor Department of Sociology University of Dhaka

Submitted By:

Orpita Oysharja Roll: RQ-43 BBA 19 (A), IBA

University of Dhaka
2012

Date
6/16/2012

Table of Contents:

Introduction……………………………………………………………………………………………………03

Objective of Study…………………………………………………………………………………………..03

Methodology………………………………………………………………………………………………….03

Findings of Study…………………………………………………………………………………………….04

Conclusion………………………………………………………………………………………………………06

References and Bibliography…………………………………………………………………………..07

Introduction:
Sociology is the scientific study of society, the study of human social behavior, especially the study of the origins, organization, institutions, and development of human society. In other words, sociology is the analysis of a social institution or societal segment as a self-contained entity or in relation to society as a whole.1 Business, in simple terms is a social institution as it is a system of consciously coordinated activities of two or more people with the objective of producing goods and services that are exchanged for one another or money, on the basis of their perceived worth.2 As per definition it can be understood that business has deep interconnection with society and social factors; but the relationship needs deeper study for understanding the implications. The different factors influencing our society and socioeconomic activities are the key sociological elements that affect business or business activity. If we look simply, we can break a business into two parts, means and ends. The means depict the process of business, i.e., how it is conducted and the ends depict the result, i.e., why is it conducted. Business organizations are set up with the main aim of producing a product or service which is the ends and how these products and services are delivered is the means. Both the means and ends of business are correlated to societal factors but how the correlation exists is to be found out through this study.

Objective of Study:

The basic purpose of this study is to understand the chronological relationship between social factors and business. The chronological explanation helps to understand how social issues over the last century have changed globally and how those changes have been incorporated in business means and ends. The aim is to find out how global change in social issues and business has resulted in development of business in Bangladesh.

Methodology:

The study has been conducted from a “qualitative approach”.

Data was collected from secondary sources. The research methodology was “library research” which resulted in the accumulation of qualitative data relevant to the study and its objective.

Findings of study:

The beginning of civilization gave birth to societies that are comprised of people. In early ages, when hunting and gathering societies were...
tracking img