ESSAY.Discuss how a corporation’s responsibility to shareholders to produce a profit interacts with its social responsibility. Discuss several areas of possible conflict and analyze them from both a short-term and long-term points of view.****OR*** In going multinational, the CEO is excited about the opportunity for PyraTex to create decent jobs that will promote the local economy in Vietnam. The CFO is skeptical, arguing that the best way to increase profits from a foreign production plant is to pay workers the lowest wages possible. Compare and contrast these conflicting points of view.Please use the Formatting of Writing Assignments found in Lesson 1.Formatting of Writing AssignmentsCover Sheet: Required. Margins: 1 inch all sides.Font: Times New Roman; 10 or 12 font.Spacing: Double-spaced; left-justified.Indenting: First line of each paragraph 1 inch.References: Minimum of two per assignment from academic sources. You may use the LIRN library for additional resources.Size: Content pages may not exceed 3 double-spaced pages, excluding Reference page & Cover Sheet. Content pages > 3 will be disregarded.