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

The idea that,

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making money, enterprises

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need to have public responsibilities remains a source of controversy. In my opinion,

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generating profit is the top priority for each company, I agree that they should

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conduct their business in a socially responsible manner. Written by Ngoc Bach Website: www.ngocbach.com Page 11 On the one hand, the efforts of companies to maximise their

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may have some benefits for society as a whole. [1]

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, the higher the

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earned by enterprises, the more taxes they pay to the government.

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, authorities may have more revenue to spend in key fields, including education and health care, which leads to an improvement in the quality of life of the whole community. [2]

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, by earning huge

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companies have the opportunity to grow their business.

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, firms could use their capital to expand their production, creating new job opportunities within the community.

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, there are strong reasons why businesses should

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accept that they have social responsibilities. [1] The first reason is that their activities have an effect on the environment. Without controls, production processes may result in serious environmental degradation,

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as global warming stemming from factory emissions or the irresponsible disposal of industrial waste.

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, if factories installed waste treatment systems

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of discharging chemical wastes into rivers, water pollution could be controlled. [2] Another reason is that enterprises should help those who are less fortunate

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since they have the money to do so.

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, big corporations

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as Unilever and Vinamilk have enhanced their public image through philanthropic actions

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as providing scholarships and giving charitable donations. In conclusion,

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I recognise that making

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is the fundamental principle of business, I would argue that all businesses should profoundly reflect upon their social responsibilities.