Social Performance of Organizations Essay Example | Topics and Well Written Essays - 1500 words - 1

Social Performance of Organizations - Essay Example However, some of the producers refused making the De Beer to flood the market with products that were similar to those who refused to join it and it afterwards purchased all the products that were produced by the rivals thus controlling the market prices (Edward, 1982). The company is involved in mining activities in various countries. For example, in Botswana De Beers mine through the company referred to as Debswana. In South Africa, De Beers Consolidated Mines is responsible for the mining activities. As far as business structure is concerned, De Beer has two major shareholdings which include Botswana government owning 15% and Anglo America Company that owns 85%. Other related companies that are involved in the De Beers diamond value chain include Diamdel, Namdeb, De Beers Canada, Diamond Trading Company South Africa and Namibia Diamond Trading Company. As an international company, De Beers can be affected by two main external environment factors. First, the custom duties and quota s imposed by countries may make the company demand for its products to decrease. This is based on the government’s policy to lower the importation of foreign products in order to enhance domestic consumption. Secondly, the stiff competition from other companies in the mining industry may result to decrease in the prices of the company products. This may be due to the other companies’ intention to face off the companies in the international market. One of the major stakeholders of De Beers Diamond Company is Diamond Trading Company (DTC). DTC main duties include selling and distribution of the company products. By selling approximately 75% of rough diamond in the international market, DTC is able to generate high revenue for De Beers an aspect that has made the company to effectively expand in the international market (Martin, 2007). The second important part of the stakeholders is the employees. With more than 20,000 employees, the company objectives