Most large companies nowadays operate multinationally. To what extent multinational companies have responsibility toward local communities in which they operate?

In recent decades, there has been

growing

Correct article usage

a growing

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trend of offshore expansion by large

companies

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, thanks to globalization.

Although

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multinational corporations create jobs for local people, their responsibility towards local communities should be at the highest level. It is true that responsible corporate

behavior

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behaviour

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contributes to broad-based benefits for the countries in which the

companies

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are active.

First,

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foreign

companies

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should be responsible towards the

environment

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of the region.

For example

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, if these

companies

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take steps to dispose of waste properly, local people can enjoy new products without any concern for the

environment

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.

Second,

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multinational

companies

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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

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operate do not have access to resources to deal with problems like hunger and poverty. Another compelling reason is that foreign

companies

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can substantially benefit from being socially responsible.

Companies

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, especially in the manufacturing and mining industries, actively protecting the

environment

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, can ensure their sustainable long-term growth. In fact, the media has revealed many instances of

companies

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being taken away

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from

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social

license

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licenses

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due to

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the

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their

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imprudence towards the

environment

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. 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

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will

be receiving

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receive

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more support from both local customers and

government

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the government

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. In conclusion, the bar for corporate responsibilities towards local communities should always be high.

This

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benefits not only the countries in which

companies

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operate but

the

Rephrase

also the

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companies

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themselves.