Business to Nation Building Essay Example for Free

Business to Nation Building EssayThere are threesome particular foundations sustaining any process that concerns nation building government representing political leadership civil edict or the citizens of the country and line of descent or the economic sector. These three concepts must work together and as much as possible, work together harmoniously to drive the said nation-building process forward because they come as the hands and feet of the nation. Business is the cornerstone of prosperity in society companies create the resources that permit genial development and welfare.Companies, through their commercial operations, actively contribute to progress in society. Obviously, the government alone standnot put through things especially its projects and programs on its declare. 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 funds coming from taxes and taxe s comes from these establishments.The ability to produce an added value for firms profit is the basic obligatory for business, but it is also a foundation for prosperity in society. Only profitable companies are sustainable in the long term and capable of creating goods, operate, processes, return on capital, work opportunities and a tax base. This is what business does better than any other sector. Hence, companies basic commercial operations are the primary benefit they generate to society. Companies benefit society by Supplying goods and services that customer cannot, or do not require to, produce themselves * Creating jobs for customers, suppliers, distributors and co-workers these people make 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 inter matter standards, e. g. or environmental practices * Spreading good practice in different areas, such as the environment and workplace safety The role of business in the development of society can be depict in many ways. In another point of view, they are sometimes referred to as the companys corporate social responsibility. Corporate Social Responsibility is a less vast concept than civic involvement. Even though there is no set, internationally accepted definition, this is often described as a voluntary responsibility that transcends the demands of national legislation and includes the human rights and environmental and social issues. some other 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 fare the economic, social and environmental impacts of their operations to maximize the benefits and minimize the downsides. Business is the game-changer of todays world.We are importantly dependent on them. Majority of our day-to-day activities are involved with an interaction with various kinds of businesses (whether you felt thirsty(p) and decided to buy food or you just went to a parlor to have a haircut). barely whats good to know is that they do not benefit from us alone whenever we pay their goods or services but they give mutual advantage for the welfare of the greater society by having their own share in nation-building, too.