Tell Issue Conscientious Business Significant Tell Current Theme Headed Global Application Q34202940

Tell why the issue of conscientious business issignificant; and, tell where this current theme is headed in aglobal application, if possible. Tell why this topic should bediscussed in the context of strategic planning.

Expert Answer

Conscientious business refers to conducting business,which focuses on the greater good. It serves the interest of allstakeholders, which include customers, employers, investors,communities, suppliers and the environment. The statistics indicatethat the business which focuses on consciously on the greater goodis more successful. According to a survey conducted by Neilsen“Global Survey On Corporate Social Responsibility” 43% of theconsumers stated that they are ready to pay extra for aconscientious