Business paper

Your score on each question will be determined primarily by two factors: (1) use of course material (i.e., incorporating ideas and concepts from course readings and lectures) and (2) evidence of critical thinking (e.g., showing an understanding of multiple sides of an issue). Prose should be clear and concise. Answers should be written in your own words. Plagiarism of any kind will not be tolerated.Finally, please note that, since you will be evaluated based on your use of course material, consulting outside sources is prohibited. By outside sources, I mean anything other than the textbook, your notes, and my lecture slides. I want to see you make arguments using the material available in our assigned reading. You don’t have to agree with the arguments presented in the textbook and/or lecture, but I do expect you to acknowledge and engage with them where appropriate.Questions:Do you agree that companies should create value for all their stakeholders, including shareholders, employees, customers, governments, and the communities in which they operate? Explain your reasoning.Respond to the following statement: “Effective stakeholder engagement makes firms more competitive.”Respond to the following statement: “In the long run those who do not use power in ways that society considers responsible will tend to lose it.”In your opinion, should companies embrace the idea of corporate social responsibility? Explain your reasoning.When we add up all the costs and benefits, is society better off as a result of globalization? Explain your reasoning.Only refer to Chapters 1,2,3 and 4 from the Anne T.Lawrenc textbook attached in the files and can use content from the slides. No information or sources apart from these can be used!!