Explore BrainMass

Explore BrainMass

    Economic, Political and Civil Spheres

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    How does Bank of America show corporate citizenship in the three different spheres: economic, political, and civil. I need specific examples, and to examine the company's own image, what I have experienced and what the stakeholders have said or experienced.

    © BrainMass Inc. brainmass.com October 2, 2020, 4:53 am ad1c9bdddf

    Solution Preview

    The response in this tutorial will take the form of a guide to point you in the right direction and provide information to help in the completion of the primary research. There is an underlined presumption that the student has a clear understanding of corporate citizenship in general.

    Bank of America corporate citizenship overview

    Economic Sphere -
    Bank of America is the nation's largest financial institution and the fifth largest company (by revenue) in the country. It employs over two hundred thousand people and operates throughout the Unites States and over 40 foreign countries. It holds approximately 12% of all U.S bank deposits with over 57 million customers and assets in excess of two trillion dollars. By virtue of its size, market share and footprint, Bank of America wields tremendous economic clout within the Unites States financial system.
    This great influence within the financial system requires that Bank of America provide a great deal of economic stewardship. In this realm, Bank of America has provided and fostered strong local communities ...

    Solution Summary

    The solution discusses the economic, political and civil spheres.