Essay On Social Responsibility Of A Student

Essay On Social Responsibility Of A Student-3
In the wake of the financial breakdown, many people lost their jobs.Most of the persons who lost their jobs included civil servants who are middle class persons.Shareholders also are seeking improved financial performance that interlinks social and environmental elements, as regards the opportunities they present (Banerjee 13).

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This article was co-authored by Michelle Golden, Ph D.

Michelle Golden is an English teacher in Athens, Georgia.

Furthermore, the common public has lofty expectations of the private sector with regard to responsible and ethical behavior.

Consumers expect goods and services to mirror socially and environmentally accountable business conduct at reasonable prices.

The first factor is the new concerns and expectations of citizens, consumers, public authorities globalisation and industrial change.

The second factor is the increasing influence of social criteria on the investment decisions of individuals and institutions, as investors or consumers.

In order to ensure that the corporations save some money, most of these workers were laid off. This is because even though the companies are somehow at a loss, the firing of all those employees means that so many people are going to suffer.

The multi-corporations could definitely live with the loss incurred but would rather avoid that by firing a number of their workers.

Over the last two decades, however, it has become of increasing concern to the business world.

This has resulted in growing interaction between governments, businesses and society as a whole.

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