Social Responsibilty as a Business student

Social responsibility for today 's business students involves the authentic understanding of financial institutions and money markets . I say this because prior to the current financial crisis , there was a large number of young ambitious business minded individuals who were more focused on gaining personal capital than contributing to society This can be seen with the popularity of credit default swaps , short selling stocks , shady hedge funds , and high interest loans given to individuals with incredibly poor credit scores . The concept of greed and how it dominates business creates the necessity for

social responsibility

For example , while it may be lucrative to open a liquor store in an impoverished neighborhood known for a community of individuals suffering from alcoholism , it would be socially responsible to open a grocery store , or business that would employ people from the community and draw retailers and financial institutions to establish other businesses as well . While it may be lucrative and promising for a young trader 's career to just pick a random stock and convince one investor to buy while another investor to sell , and to just receive the commission on the one who wins out , it would be socially responsible for that trader to just do his due diligence and study up on the market to know what he 's selling

The conflict of what is socially responsible is very complex for business students as they are partly all motivated by competition and finding every possible advantage to succeed . Currently , one could argue...