Along with making money, businesses do have social responsibilities. What are these social responsibilities? How can be it done?
Though making a
profit
is one of the reasons why business able to exist in the market, but there many other responsibilities they have, such
as social responsibilities. Most important social responsibilities that company
have been to preserve the environment. Suggestion
companies
In addition
to this
, there are several ways the company
can fulfil their duties; such
as they reduce in the manufacturing process.
Most of the company
around the world are always looking to make more and more profit
. However
, there are many social duties that company
often take as part of their business plan. Firstly
, many corporate leaders around the world are now pledged to reduce the waste they are generating. For example
, recently, in the US, the international soft drink company
Coke announces that they will collect all plastic bottles they are going to sell for now. In short, though social duties generally do not convert into profit
, but it will certainly help the companies to show that they also
care about other social issues.
I order to fulfil their social duties companies can do so many things in so many ways. To begin
with, farmers are often considered as the back of the nation. Therefore
, since company
most of the times make the tons of profit
; so, it should be their social responsibilities to help them, if they are in need. For instance
, in India, last
year, the multinational company
of chips, Lays took the responsibilities to educate and train the farmer to produce the excellent quality of potatoes for their products. In sum, now it is not unusual that the company
involve in a social cause.
To conclude, although
making a profit
is the core of the business plan, however
, they are now more focusing on social issues as well. In spite of that, social duties does not give any return, company
nowadays more incline to take at least one social problem and try to solve it.Submitted by Sunny Agarwal on
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