Avoid boycott strikesIf company good government good to them.See company not out for themselves and give them trust because of itMay have to take not as favourable income at first in order to benefit laterKnow what’s in peoples mindsMedia can help break or make a company and can be good or bad.Articles in databaseUse limited resourcesGet different parts of company to work togetherWork with suppliers and meet with and disclose informationLow key not care that much still monitor, but not use too many resources.NonsupportiveCompetitors employee unionsAir traffic controller strike reduced flights during peak hours to avoid gvt interventionMixed BlessingTry work with, can be helpful or harmfulCompetitors, customers, employees(in short supply)Form allicances airlines reduce flights when not enough pplRoss Labratories got involved with Unicef and gvt, to promote infant health baby formula and one of few that succeededEx amount of money in strike fund who badly need each otherJoint ventures oil companies share costs because project is so largeGovernment get involved in panel, appoint gvt official to board of directorsBeing socially responsible may pay offGlobal Compact invitation to businesses to sign accord and that they believe and try to follow them, environment human rights against corruption live within principles 10 0f themSurvey 90% of executives feel that corporations should be more socially responsible and that it would make a difference26% of ppl buy the greener products. As ppl changes consumers market demand for it will increaseNeed to meet pressures while adding value to selves as wellDeveloped by UN in 2002 at world summit confirmed they are the 3 pillars of sustainable developmentEconomy can’t exist without society.Each are a part but a whole at same time. Can’t exist and are part of each otherThe value of nothingPrices and costs of environment not included in the price of the goods in our markets.Rent workspacesAdministrative and logistic side of organizations that help societyKraft foods food banksHabitat for humanityAgency problemShareholders allocate decision-making authority to the managers

not practical many shareholders are not qualified many shareholders do not have time or incentiveConflict of interest mat arise in this situationHaving the short-term control of the firms assets, managers might be tempted to act in the managers short-term best interest instead of the shareholders long-term best interestBOD camp to make sure are awareShareholders can vote on how much to payDifferent attitude there to look out for and protect investorsDoes as little as possible and may deny wrong doing point finger at someone elseDo everything that is legally required bare minimum don’t do anything more than thatMeeting the ethical and legal requirements and choose to go above in beyond in certain areas when shareholders request it(Tuna industry try and fish without killing dolphins while harvesting tuna b/c of activists)Seek ways to address problems and issues and try to find them kraft foods companies from previous slidesPeople do different things at different ages.Like buying a house, who is more likely to need heart medication (older people).Who more likely to have an Ipod etc.Fertility rate 1.7 need 2.1 to grow.But still population grew because high birth rate b/c baby boomers had children.Take notes on this from textbook. Probably pick small and large and describe.Pre WWI few people remaining. Probably femaleWWI small because men off at war. Less children not easy enter workforce during depression not easy time Large cohort more competition getting school job more competitionAdvantage they have bigger voice get more attentionSmaller advantage less competition because fewer people. Disadvantage politics care less not as much attention because less of them.Roaring Twenties. Men came back from war had children create large cohort War produce stuff.Depression babies (smallest of small cohort) because families couldn’t afford children cost a lot. Not fun b/c depression. Exposed to the world being at war. After that everything good for this group. Less competition very easy to get job and a house and children. Numbers and demographics on their side. After depression demographically best.WWII large because put off b/c of depression so clock ticking. Economy look up and had children.Baby Boom post war economy very good ppl could afford to have many children High immigration of child bearing age. Back end of baby boom given name generation X 1961/67. because have worst demographics. Always back of the line and houses too expensive can’t get a job. Parents had it easy so say what wrong with the kid. No empathy to kid.

Pill and women education end off baby boomBaby bust pay attention to social issues. Luxury to worry b/c less competition.Baby Boom Echo. Boomers at child bearing age so have at same time.Millennium Busters echo having childrenKnow why big or small and disadvantages and disadvantages of being big or small.May reach a point where seniors outnumber the number of children.How this will shape country ex health care.What does this mean for business opportunities.For projects, don’t assume same age demographics, look up age demographics for Europe. Cater to the cohort right now and the one that will follow it.Baby industry, try and expand, be innovative, look outside of Canada to a market with young people.