Essay: The role of business in society
Businesses play a critical role in the society because they form the avenues upon which growth and development occurs (Noren, 2004). Such growth is experienced by the society in terms of accessibility of goods and services, employment, projects development that help in the furtherance of social, economic, and political welfare, and inventions and innovations.
The role of business in the society however is subject to many factors and it has changed over time due to factors such as technological changes, economic readjustments, social political developments, and scientific inventions among others. This paper focuses on the role that businesses play in the contemporary society.