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
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
opinion.
On the one hand, a company earns profits to maintain and develop its business. First
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
to pay the costs for offices and factories. Moreover
, in order to maintain long- term existence, corporations must have budgets for expansion. For example
, profitability could be used for opening new locations, hiring more employees and investing in research.
On the other hand
, from my perspective, corporate social responsibility is also
an important part of businesses. In the modern era, the two most concerns of the community is w
elfare of the employees and the environment. It is true that employers have responsibility for their staffs’ quality of life so the Add an article
the
first
social obligation of a firm is to make its employees happy by some methods such
as increasing salaries or buying health-care insurance. Besides
, protecting the environment is also
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 a
research of Greenwich university, 90% of customers tend to buy products from the brands which benefit Remove the article
apply
the
society.
In conclusion, despite the vital of making Remove the article
apply
p
rofit, companies should have budgets for social obligations. Add an article
a
In addition
to increasing staffs’ quality of life, businesses also
need to focus on the impact on the local and global environment.Submitted by claireng.au on
Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Writing9 with appropriate and specific direction to the original content.