Evaluation of new technologies, products, and processes, is the key to providing a company with the knowledge it needs to remain sustainable (Ferrell, Thorne, & Ferrell, 2016). Although sustainability is not social responsibility, it is a part of it. Assessing how these changes affect the environment, their competition, and humanity in general assists a company in determining their strategic plans. in order to remain on the cutting edge in a global marketplace, a company must continually seek cost savings, new products, and value - added services if they are to remain a viable entity. Doing so through the use of new technology is the likely method that provides the biggest bang for the buck (Kawakami, Durmuşoğlu, & Barczak, 2011). In fact, as technology itself develops, …show more content…
However, assessing the technology is an important step in its use. Consequently, one of the important factors to address during an assessment is legal compliance (Ferrell, Thorne, & Ferrell, 2016). In order to be socially responsible, other matters to consider are determining if executives are mindful of all regulations, including federal, state, and local, with inclusion of a process that keeps an eye on changes to those rules. This is incredibly important with a global company, such as Anglo American that operates in many countries, where each has its own laws. Many large companies have a person in charge of these concerns. Add to that, an evaluation of the training programs for staff, as well as a system for employees to inform the proper person of concerns about new technology is critical. Additionally, the use of technology brings privacy concerns. These assessments should include the positive aspects of the use of