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Writing Samples
Band 7.5

As well as making money, businesses also have social responsibilities. To what extent do you agree or disagree ?

#money #businesses #responsibilities
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It is sometimes argued that
besides
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 gaining a profit the
business
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 units have to aware of social responsibilities. In my opinion, I completely agree that
this
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 statement would be a good idea. There are various reasons why money is the most essential thing to run a
business
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.
Firstly
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, at the early stage, the newborn businesses need to be more well-known to gain customers before making an income.
For example
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, they need to pay for advertisements.
Secondly
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, they need profits to pay the cost of maintaining a
business
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.
For instance
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, the money to pay for wages or the cost of fixing the production factories.
Finally
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, the rest of the money, after paying the cost, can be invested to expand the
business
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 by discovering new opportunities or researching to form a better version of products.
Furthermore
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, having contributions to
society
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 can strengthen the
business
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’s brand in several ways.
Firstly
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, the service’s customers and people in
society
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 are the same groups and
that is
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 a chance to acquire a new customer segment.
Secondly
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, similar to the previous one, the
business
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’s employees can gain the benefits from social responsibility, which
this
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 impact encourages them to become the royal employee and
that is
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 a kind of
business
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 gaining.
Finally
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, people in
society
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 are likely to recognise the brand that helps them more than the brands that ignore the people. In conclusion, I totally agree with
business
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 have to take care of social responsibility because helping
society
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 and gaining income can be contributed in parallel for achieving sustainable
business
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.
Submitted by tonydude1999 on

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Topic Vocabulary:
  • Social responsibilities
  • Corporate social responsibility
  • Ethical behavior
  • Societal impact
  • Stakeholders
  • Profit-driven
  • Public perception
  • Environmental sustainability
  • Community development
  • Human rights
  • Workplace safety
  • Altruism
  • Balanced approach
  • Accountability
  • Consumer loyalty
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