As well as making money, businesses also have social responsibilities. Do you agree or disagree?

The idea that,
besides
making money, enterprises
also
need to have public
responsibilities
Suggestion
Responsibilities
remains a source of controversy. In my opinion, while generating
profit
Suggestion
Profit
is the top priority for each company, I agree that they should
also
conduct
their
Suggestion
Their
business in a socially responsible manner. Written by Ngoc Bach Website: www.
ngocbach
Suggestion
Ngocbach
.
com
Suggestion
Com
Page 11 On the one hand, the efforts of companies to maximise their profits may have some
benefits
Suggestion
Benefits
for society as a whole. [1]
Firstly
, the higher the profits earned by
enterprises
a purposeful or industrious undertaking (especially one that requires effort or boldness)
Enterprises
, the more taxes they pay to the government.
As a result
, authorities
may
the month following April and preceding June
May
have more revenue to spend in key fields, including education and health care,
which
Suggestion
Which
leads to an improvement in the quality of life of the whole community. [2]
Secondly
, by earning huge
profits
Suggestion
profit
companies have the opportunity to grow their
business
Suggestion
Business
.
For example
, firms could use their capital to expand their production,
creating
Suggestion
Creating
new job opportunities within the community.
On the other hand
, there are strong reasons why businesses should
also
accept that
they
Suggestion
They
have social responsibilities. [1] The
first
reason is that their activities have an
effect
Suggestion
Effect
on the environment. Without controls, production processes may result in
serious
Suggestion
Serious
environmental degradation,
such
as global warming stemming from
factory
Suggestion
the factory
emissions
Suggestion
Emissions
or the irresponsible disposal of industrial waste.
For example
, if
factories
Suggestion
Factories
installed waste treatment systems
instead
of discharging chemical wastes
into
Suggestion
Into
rivers, water pollution could be controlled. [2] Another reason is that
enterprises
a purposeful or industrious undertaking (especially one that requires effort or boldness)
Enterprises
should help those who are less fortunate, since they have the money to
do
Suggestion
Do
so.
For example
, big corporations
such
as Unilever and Vinamilk have
enhanced
Suggestion
Enhanced
their public image through philanthropic actions
such
as providing
scholarships
Suggestion
Scholarships
and giving charitable donations. In conclusion,
although
I recognise that making profits is the fundamental principle
of
Suggestion
Of
business, I would argue that all businesses should profoundly reflect upon
their
objective case of they
them
social
Suggestion
Social
responsibilities.
Submitted by hhphuong98jf on

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