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Nowadays, most large companies operate multinationally. To what extent those companies should have responsibility towards local communities in which they operate?

#companies #responsibility #communities
In recent decades, there has been a growing trend of offshore expansion of large companies, thanks to globalization.
Although
 multinational corporations create jobs for local people, their responsibility towards local communities should be at the highest level. It is true that responsible corporate behaviour contributes to broad-based benefits for the countries in which the companies are active.
First
, foreign companies should be responsible towards the
environment
 of the region.
For example
, if these companies take steps to dispose of waste properly, local people can enjoy new products without any concern for the
environment
.
Second
, multinational companies should be more active in charitable activities because that would give them an opportunity to save more lives overseas. In fact, many regions in which these companies operate do not have access to resources to deal with problems like hunger and poverty. Another compelling reason is that foreign companies can substantially benefit from being socially responsible. Companies, especially in the manufacturing and mining industries, actively protecting the
environment
, can ensure their sustainable long-term growth. In fact, the media has revealed many instances of companies being taken away social license due to the imprudence towards the
environment
.
In addition
, multinational corporations should be very conscious of their track records when it comes to local responsibility, as these are directly tied to brand names. If brand names are properly maintained and enhanced, sales and profits will be poised to increase as companies will be receiving more support from both local customers and government. In conclusion, the bar for corporate responsibilities towards local communities should always be high.
This
 benefits not only the countries in which companies operate, but the companies themselves.
Submitted by nguyenthibichthao1412 on

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    • Sentence 3 - Thesis
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