As well as making money business have social responsibilities. Do you agree or disagree.

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Nowadays, more and more business firms have engaged in charitable works and give funding to educational institutions in order to improve the lifestyle of poor
people
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. It is important that, while improving economical
benefits
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and business establishment, to perform some social responsibilities to attaining a standard in life of economically competent
people
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.
This
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essay will discuss how vital entrepreneurs involve in social responsibilities. To start with, because of utilizing local resources, the
companies
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have a social responsibility too. Even if the local
people
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get job opportunity and show a hike in their financial
benefits
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, the
companies
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have some other responsibilities in the community. As an example, IBM, a multinational company which provide fund for schools and colleges in the countryside to facilitate a high percentage of literacy rate among poor children. These
activities
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improve the welfare and educational status in a remote area.
Furthermore
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, some
companies
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have interested in the health and research field. They provide fund and other facilities to the local hospitals and health care centres.
For instance
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, Appolo hospital has arranged a cataract surgery campaign among low-income senior citizens in slum area for the
last
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10 years. Most of the slum residents unable to attend a hospital for surgery because of their poor economic status, whereas it’s a great opportunity for
such
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people
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.
On the other hand
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, the business firms that have engaged in charitable and other social
activities
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get
benefits
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from the government. To illustrate, if they engage in social
activities
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then
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they get a reduction in their tax. Though they spend some amount on charity, they get a tax reduction which
benefits
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them more. To conclude,
this
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essay had discussed how and why it is necessary for
companies
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to participate in social
activities
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as well as making a profit. In my view,
this
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will help both the company and the public. If the
companies
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provide enough fund for backwards society
then
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they can improve their lifestyle
Submitted by kikky on

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  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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Topic Vocabulary:
  • social responsibilities
  • contribute
  • well-being
  • community
  • philanthropy
  • sustainability
  • ethical
  • trust
  • reputation
  • accountable
  • profit-making
  • balance
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