In today’s world, the interconnection and globalization has become so much increased which led to the concerns regarding the ethical, environmental, social and sustainable issues where consumers are become aware that there should be a... more
In today’s world, the interconnection and globalization has become so much increased which led to the concerns regarding the ethical, environmental, social and sustainable issues where consumers are become aware that there should be a balance in the relationship between business and society. It is not the case that now business can only make unprecedented profits by exploiting the resources of mother earth without contributing positively to the society in return. Due to the immense pressure from mainstream media, governmental regulations and campaigns from NGOs, it is now become mandatory for corporate sectors to consider environmental and social consequences of their actions and processes as well as deliver better solutions which can contribute to the community and environment in an ethical and constructive way.
Spanish consumers and retailers have had a very difficult five years with the country in recession for much of this time. 2013 continued to be tough for shoppers and businesses alike. Although there have been signs of improvement and the country inched out of recession in the third quarter, the recovery has been very slow and tentative and it remains risk-bound. In the short term, people will continue to suffer as a result of high unemployment and public spending cuts.
