Business Leaders’ Social Responsibility Essay

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There is no doubt that the world without business would be significantly worse than it is now. On the one hand, multiple firms and organizations help satisfy supply and demand, which leads to overall satisfaction and economic growth. On the other hand, businesses also play an essential role by improving the life of society. Thus, the essay will demonstrate that business leaders are responsible for promoting social justice both locally and internationally since their activity directly affects the world.

Various organizations and their leaders can and should make society better for its members. Firstly, business leaders can improve the world if their hiring policy follows human rights standards. It refers to the fact that firms should ensure that their decisions welcome diversity and do not discriminate against people based on their race, sex, and other characteristic features. Secondly, businesses typically have greater access to economic wealth, meaning that they should devote a part of their resources to serve the needs of the financially disadvantaged population. For example, there are many people in need in New York, and organizations can improve this situation through philanthropic activity. Thirdly, it is worth mentioning that businesses can invest in marketing to promote social and environmental values both locally and abroad. A successful marketing campaign can draw universal attention to a particular problem and lead to its solution.

In conclusion, the essay has demonstrated that business leaders can and should play an active role in promoting multiple values both locally and internationally. The rationale behind this statement is that they have opportunities and resources to address and solve the existing issues. It denotes that these leaders hold social responsibility that obliges them to invest sufficient efforts in making the world a better place.

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IvyPanda. (2022, August 5). Business Leaders’ Social Responsibility. https://ivypanda.com/essays/business-leaders-social-responsibility/

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IvyPanda. (2022) 'Business Leaders’ Social Responsibility'. 5 August.

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IvyPanda. 2022. "Business Leaders’ Social Responsibility." August 5, 2022. https://ivypanda.com/essays/business-leaders-social-responsibility/.

1. IvyPanda. "Business Leaders’ Social Responsibility." August 5, 2022. https://ivypanda.com/essays/business-leaders-social-responsibility/.


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IvyPanda. "Business Leaders’ Social Responsibility." August 5, 2022. https://ivypanda.com/essays/business-leaders-social-responsibility/.

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