Role of Business in the Society

The role of business in society continues to generate attention more so after a major shakeup of the ecosystem by the corona virus pandemic. More questions are now being asked and deeper examinations being undertaken to understand the true purpose of a business.

The emergence of the pandemic caused a major disturbance in the ecosystem and crumbled businesses rendering the owners feeble. Those that accorded less concern to variables outside of the balance sheet, regardless of how they affect the society, suddenly found out that the balance sheet utterly depends on the society, that without it the business does not exist.


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