In one paragraph, supported by evidence in your text and from other research, describe two forces that you believe shape the relationship between business and society. Provide two examples (one for each force you choose
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Two forces that shape the relationship between business and society are social responsibility and economic globalization. Social responsibility refers to a company's ethical obligations towards society, going beyond profit-making. For example, Patagonia, an outdoor clothing company, is known for its commitment to environmental sustainability through initiatives such as donating a percentage of its sales to environmental causes and using recycled materials in its products. Economic globalization, on the other hand, describes the interconnectedness of economies worldwide. For instance, multinational corporations like Apple rely on global supply chains to manufacture and distribute their products, which affects workers, communities, and economies in various countries. These examples demonstrate the dual impact of social responsibility and economic globalization on the relationship between business and society, emphasizing the need for businesses to consider societal implications in their practices.
