Socio-Geographic Factors

In: Business and Management

Submitted By tgood69
Words 2002
Pages 9
RUNNING HEAD: Socio-Geographic Factors

Theresa Good
Professor Kimberly M. Edwards

"Stratification is global. Social and economic inequalities stratify a world system defined by economic returns and political alliance. Billions of people have unequal access to life chances. The world is marked by strong disparities in income and living standards among and within nations. Most people now live under economic conditions over which they have little control" (Kottak & Kozaitis, 2003. ch 13. p.1).
What determines class is it a person’s economic and political position in society or is it determined by social status such as income which often determines power. Class or socioeconomic status (SES) permeates our social behavior and thought (Kottak & Kozaitis, 2003. p.2). Unfortunately, Americans determine a person's worth by his/her educational status and employment. However, organizations must incorporate social responsibility in order to facilitate the formation of cultural diversity. Currently, the Gap Inc. is one of the world's leading retail chain stores, with over 3,100 retail stores and fiscal returns in 2008 totaling $14.5 billion. The Gap Inc. is the pioneer of a chain of specialty retail store which include Banana Republic, Old Navy, Piperline and Athleta. The Gap proclaims that their stores seeks new ways to connect with customers globally, uphold value and integrity to all shareholders, in addition to making a positive contribution in the communities where they do business (Gap, Inc. N.D.). Gap Inc. was organized based a set of values and a belief system that dictates operating their business in a responsible and ethical manner. The Gap's code of ethics titled "Code of Business Conduct” was formatted to encourage and reassure accountability pertaining to ethical working conditions for all people employed by Gap Inc. The Code…...

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