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

It is argued that

besides

generating profit, enterprises should

also

conduct their business in a socially responsible manner. Personally, I agree with

this

view. On the one hand, that companies must make money in order to survive in a highly competitive market. If a company is in good financial health, it will make a positive contribution to society.

Firstly

, the higher the earnings earned by businesses, the more taxes they pay to the government.

Therefore

, they have more money for public spending

such

as investment in schools, hospitals, traffic infrastructure, which leads to an increase in the living standard of the whole community.

Secondly

, if the companies raise substantial revenues, they can reinvest, expand their production, and create more job opportunities within the community.

On the other hand

, businesses should do more for society

instead

of the sole aim of maximizing revenue. One reason is that if the production processes

from

Suggestion

of

the enterprises are out of control, they may have negative impacts on the environment

such

as air pollution due to factory emissions or water pollution

as a result

of the irresponsible disposal of industrial waste. Another reason is that companies should use a percentage of their income to support those who are unfortunate in society by awarding scholarships, donating money to local charities, and environmental programs. In conclusion, it is my firm belief that all businesses should profoundly reflect upon their social obligations rather than simply making a profit.