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You and a friend are having coffee at a large coffeehouse chain near where you both live. Your friend complains that he feels guilty drinking coffee from this chain—he believes large corporations are...

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You and a friend are having coffee at a large coffeehouse chain near where you both live. Your friend complains that he feels guilty drinking coffee from this chain—he believes large corporations are becoming too powerful and are making it hard for small businesses to survive. Although you see his point, you also believe that businesses—both large and small—positively impact a society’s quality of life.

In one or more fully formed paragraphs,describe four ways in which business positively impacts the quality of life in society. Provide one example to support each type of impact.

Answered Same Day Sep 11, 2021

Solution

Shubham answered on Sep 12 2021
151 Votes
Running Head: IMPACT OF BUSINESS ON SOCIETY                    1
IMPACT OF BUSINESS ON SOCIETY                            2
WAYS IN WHICH BUSINESS POSITIVELY IMPACTS THE QUALITY OF LIFE IN SOCIETY
Business can benefit society by offering—
Valuable Goods and Services:
Businesses come with ideas, which are new and give rise to needs, which were earlier not there. For example, Netflix changed the digital entertainment and gave customers a platform where they can watch their favorite shows from the comfort of their home (Sugahara et al., 2019). If prices are discussed then they are nominal on pocket and in regular budget.
Providing Employment:
They also contribute in economy and...
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