Many people believe that big businesses in addition to generating profits should be involved in and responsible for the social life of the community. To what extent do you agree or disagree? Give your opinion

Although

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it seems to be obvious that profit-making is the most important factor of a company, many people believe that big businesses should adhere to ethical standards community issues as well. Personally, I totally agree with

this

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opinion. On the one hand, a company earns profits to maintain and develop its business.

First

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and foremost, the owners must control the business to earn enough money for paying its bills. As an instance, the revenue is not only used for dispensing wages but

also

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to pay the costs for offices and factories.

Moreover

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, in order to maintain long- term existence, corporations must have budgets for expansion.

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, profitability could be used for opening new locations, hiring more employees and investing in research.

On the other hand

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, from my perspective, corporate social responsibility is

also

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an important part of businesses. In the modern era, the two most concerns of the community is

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elfare of the employees and the environment. It is true that employers have responsibility for their staffs’ quality of life so the

first

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social obligation of a firm is to make its employees happy by some methods

such

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as increasing salaries or buying health-care insurance.

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, protecting the environment is

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a responsibility of businesses. Many companies have strategies to reduce carbon footprint by using green energy and some others cut off their waste by utilizing recycled materials. In

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research of Greenwich university, 90% of customers tend to buy products from the brands which benefit

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society. In conclusion, despite the vital of making

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rofit, companies should have budgets for social obligations.

In addition

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to increasing staffs’ quality of life, businesses

also

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need to focus on the impact on the local and global environment.