Businesses have always sought to make a profit, but it is becoming increasingly common to hear people talk about the social obligations that companies have. I completely agree with the idea that business should do more for
society
than simply make money.
On the one hand, I accept that businesses must make money in order to survive in a competitive world. It seems logical that the priority of any Use synonyms
company
should be to cover its running costs, Use synonyms
such
as Linking Words
employees
wages and payments for buildings and utilities. On the top of these costs, companies Suggestion
employees'
employee
also
need to invest in improvements and innovations if they wish to remain successful. If a Linking Words
company
is unable to pay its bills or meet the changing needs of customers, any concerns about social responsibilities become irrelevant. Use synonyms
In other words
, a Linking Words
company
can only make a positive development Use synonyms
to
Suggestion
of
society
if it is in good financial health.
Use synonyms
On the other hand
, companies Linking Words
should not be run
with Suggestion
should not run
sole aim
of maximising profit; they have a wider role to play in Suggestion
the sole aim
society
. One social obligation that owners and managers have Use synonyms
is
to that their employees well, rather than exploiting them. Suggestion
been
For example
, they could pay a “living wage” to ensure that workers gave a good quality of life. I Linking Words
also
like the idea that businesses could use Linking Words
portion
of their profits to support local charities, environmental projects or educational initiatives. Suggestion
portions
Finally
, Linking Words
instead
of trying to minimise their tax payments by using accounting loopholes, I believe that Linking Words
company
bosses should be happy to contribute to Use synonyms
society
through Use synonyms
tax system
.
In conclusion, I believe that companies should place as much importance on their social responsibilities. Suggestion
the tax system
Nonetheless
, financial objectives cannot be denied too. Overall, it is anticipated that trend of social responsibilities is likely to incline in the upcoming future.Linking Words