Most companies have played a vital role in society. The assist in the Life of citizens surrounding them. some companies improve the living standard of people living within. It may be through the improvement of infrastructure, transport networks, and even social amenities. The companies can provide the communities with the assistance they need to give back to society and bring change. you cannot compare between public and individual initiators, the public one is limited in giving. A successful company should give back to society. We have benefits to address the individual company initiators. A philanthropist is a person who gives help also change the lives around him or her. They are known to help the society by giving goods and services. They advise the young generation on how to improve their lifestyles. The world requires such people who can bring a difference to people’s lives.
The primary advantage of private companies initiators is that they improve the life expectancy of the society surrounding them. There are a lot of people helping around the companies surrounding. The the company supports them by providing them water, food and the different basic needs. Some are equipped with job opportunity so that they can meet their family needs. Private initiators change people lifestyle unlike the public initiators. The private initiators do not need the permission of the government to help the society. Their profits are shared among people to improve their living standard. Every person appreciates a lot when such initiators are around their residence. All companies should learn from private initiators that giving is important because it changes the lives of people.
The second advantage of private enterprises is that there are not corrupt as public initiatives. One thing that affects the growth and change of a country is corruption. Leader steal money from the government finances and hold some are making that country not to progress in the economy. The reason why private companies are free from corruption is that they want to have a proper name which later people will favor them in return. Since they have the freedom to do what they want, they have no need to steal from the community. Their freeness from corruption has led to an improvement in the lives of people. The area surrounded by private initiators is always growing because they are tending to give to the community. The advantages of private initiatives is that there are donations, information on how to improve living standards by good-will initiators and there is an improvement of networks like communication and transport industries. The advantages of having a philanthropist are listed above.
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