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

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Businesses
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have always sought to make a profit, but it is becoming increasingly common to hear people talk about the social obligations that companies have. I entirely agree with the idea that
businesses
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should do more for
society
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than simply make money. On the one hand, I accept that
businesses
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must make money in order to survive in a competitive world. Apparently, it seems logical that the priority of any
company
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should be to cover its running costs,
such
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as employees’ wages, rent and other payments for utilities. On top of these costs, firms
also
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need extra funds to invest in innovations and improvements if they wish to remain successful. If a
company
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is unable to pay its bills or meet the changing demands of consumers, any concerns about social responsibilities become irrelevant and unrealistic.
In other words
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, a
company
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can only make a positive contribution to
society
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if it has a supportive financial system.
On the other hand
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, companies should not be run with the sole aim of maximizing profit; they have a wider role to play in today’s
society
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.
Firstly
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, one social obligation that owners and managers have is to treat their employees well, rather than
exploiting
Wrong verb form
exploit
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them.
For example
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, they could pay a “living wage” to ensure that workers have a good quality of life. Alternatively,
businesses
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could use a proportion of their profits to support local charities, environmental projects or education initiatives.
Finally
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,
instead
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of trying to minimize their tax payments by using accounting loopholes, I strongly believe that
company
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bosses should be happy to contribute to
society
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through the tax system. In conclusion, I believe that companies should place as much importance on their social responsibilities as they do on their financial objectives.
Submitted by Esther on

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Include an introduction and conclusion

A conclusion is essential for IELTS writing task 2. It is more important than most people realise. You will be penalised for missing a conclusion in your IELTS essay.

The easiest paragraph to write in an essay is the conclusion paragraph. This is because the paragraph mostly contains information that has already been presented in the essay – it is just the repetition of some information written in the introduction paragraph and supporting paragraphs.

The conclusion paragraph only has 3 sentences:

  • Summary
  • Restatement of thesis
  • Prediction or recommendation

Example:

To summarize, a robotic teacher does not have the necessary disciple to properly give instructions to students and actually works to retard the ability of a student to comprehend new lessons. Therefore, it is clear that the idea of running a classroom completely by a machine cannot be supported. After thorough analysis on this subject, it is predicted that the adverse effects of the debate over technology-driven teaching will always be greater than the positive effects, and because of this, classroom teachers will never be substituted for technology.

Start your conclusion with a linking phrase. Here are some examples:

  • In conclusion
  • To conclude
  • To summarize
  • Finally
  • In a nutshell
  • In general

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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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