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Neighborhood Stores Social Responsibility. Case: Fusagasuga, Colombia

Author

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  • Elizabeth Ann Escobar Cazal
  • Gonzalo Escobar Reyes

Abstract

This paper examines business organizations in Fusagasugá, Columbia. This multidimensional study of sectors uses data from 2008 – 2012. It focuses on aspects of employability and social responsibility. The purpose of the research was to diagnose formal and informal business organizations linked to the sectors service, trade and industry, analyzing the socio-economic impact generated. Within the trade sector and its socio-economic impact we analyzed neighborhood shops, considered informal organizations for failing to comply with administrative and economic requirements of the formal economy. Local shops have become an important employment alternative, as generators of self-employment qualifying local social responsibility. It was determined that self-employment is a productive alternative that allows entrepreneurs and families to achieve basic living conditions (assurance in the medium and long-term acquisition of housing, access to education and use public services). The paper highlights commitment and service provided by the merchant community

Suggested Citation

  • Elizabeth Ann Escobar Cazal & Gonzalo Escobar Reyes, 2015. "Neighborhood Stores Social Responsibility. Case: Fusagasuga, Colombia," Revista Global de Negocios, The Institute for Business and Finance Research, vol. 3(3), pages 17-29.
    • Handle: RePEc:ibf:rgnego:v:3:y:2015:i:3:p:17-29
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    More about this item

    Keywords

    Microenterprises; Informal Economy; Social Responsibility; Self-Employment;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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