Social responsibility and globalization

“Social Responsibility and Globalization” Please respond to the following:

The Internet, social media, and eCommerce are opening the world for global trade. Discuss the importance of using the Triple Bottom Line to ensure socially responsible treatment of today’s global stakeholders. Next, discuss whether or not you believe that there is a need for international oversight and legal action. Explain your position.

Describe two (2) possible challenges you foresee for domestic companies that want to develop an international growth strategy. Next, discuss two (2) challenges you believe domestic companies will face from global competition. Within your response be sure to speculate on the role that technology will play on global trade. Provide support for your response.