As well as making money, businesses also have social responsibilities. To what extent do you agree or disagree?

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

company

should be to cover its running costs,

such

as

employees

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employees'

employee

wages and payments for buildings and utilities. On the top of these costs, companies

also

need to invest in improvements and innovations if they wish to remain successful. If a

company

is unable to pay its bills or meet the changing needs of customers, any concerns about social responsibilities become irrelevant.

In other words

, a

company

can only make a positive development

to

Suggestion

of

society

if it is in good financial health.

On the other hand

, companies

should not be run

Suggestion

should not run

with

sole aim

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the sole aim

of maximising profit; they have a wider role to play in

society

. One social obligation that owners and managers have

is

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been

to that their employees well, rather than exploiting them.

For example

, they could pay a “living wage” to ensure that workers gave a good quality of life. I

also

like the idea that businesses could use

portion

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portions

of their profits to support local charities, environmental projects or educational initiatives.

Finally

,

instead

of trying to minimise their tax payments by using accounting loopholes, I believe that

company

bosses should be happy to contribute to

society

through

tax system

Suggestion

the tax system

. In conclusion, I believe that companies should place as much importance on their social responsibilities.

Nonetheless

, financial objectives cannot be denied too. Overall, it is anticipated that trend of social responsibilities is likely to incline in the upcoming future.