Business to Nation Building Essay

There are three particular foundations sustaining any fulfill that concerns nation building government representing political leadership civil society or the citizens of the country and credit line or the economic sector. These three concepts must consort together and as much as possible, work together harmoniously to drive the said nation-building process forward because they serve as the hands and feet of the nation. telephone line is the cornerstone of prosperity in society companies create the resources that permit social ripening and welfare.Companies, through their commercial operations, actively contribute to progress in society. Obviously, the government alone cannot accomplish things especially its projects and programs on its own. Had it been capable, it would already have done it. Without the businesses around, the government wouldnt work out the plans it opt to undertake because it needs finances coming from taxes and taxes comes from these establishments.The ability to produce an added value for firms profit is the basic prerequisite for business, but it is also a foundation for prosperity in society. Only profitable companies are sustainable in the long bound and capable of creating goods, services, processes, return on capital, work opportunities and a tax base. This is what business does better than any in the raw(prenominal) sector. Hence, companies basic commercial operations are the primary benefit they bring to society. Companies benefit society by Supplying goods and services that customer cannot, or do not want to, produce themselves * Creating jobs for customers, suppliers, distributors and co-workers these people even up money to support themselves and their families, pay taxes and use their wages to buy goods and services * Continually developing new goods, services and processes * Investing in new technologies and in the skills of employees * Building up and spreading international standards, e. g. or environmental practices * Spreading good practice in different areas, such as the environment and study safety The role of business in the development of society can be described in many ways. In another point of view, they are sometimes referred to as the companys collective social responsibility. Corporate Social Responsibility is a less broad concept than civic involvement. horizontal though there is no set, internationally accepted definition, this is often described as a volunteer responsibility that transcends the demands of national legislation and includes the human rights and environmental and social issues.Another definition of CSR uses sustainable development as a starting point. In practice, CSR means that businesses meet the demands of national legislation and, where this is inadequate, look in addition to a collection of established, fundamental freedoms and rights that are globally recognized. CSR demands that businesses manage the economic, social and environmental impacts of their ope rations to maximize the benefits and minimize the downsides. Business is the game-changer of todays world.We are significantly dependent on them. volume of our day-to-day activities are involved with an interaction with various kinds of businesses (whether you felt hungry and decided to buy viands or you just went to a parlor to have a haircut). But whats good to populate is that they do not benefit from us alone whenever we pay their goods or services but they forget mutual advantage for the welfare of the greater society by having their own share in nation-building, too.