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

In
a
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modern
society
, it is encouraged that young
people
should develop an
enterpreneurship
Correct your spelling
entrepreneurship
mindset and build up their own enterprises. It is clear to me that the more money the business makes the more responsibilities to
the
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society
it should take.
Firstly
, there is no denying that businesses play a very important role in creating jobs for man.
For example
, Vinamilk is one of the largest food producers in Vietnam. They currently employ around 10 000 workers throughout Vietnam, according to their annual report. We can imagine
that
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what might happen if
this
giant company became bankrupt
?
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.
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Thousands of workers would potentially
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lose
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loose
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lose
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their job.
This
might impact markedly
in
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the social equality and security of employment will decrease.
Secondly
, large organizations are capable to use their manpower to provide social facilities
in
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on
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a bigger scale.
For instance
, during the
last
two years of Covid, Vingroup, accompanied by Chairman
Mr.
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Mr
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Vuong and his wife
have
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donated nearly 9000
billions
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billion
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VND to help our government and Vietnamese
people
to fight the coronavirus.
This
unbelievably large distribution helped to save many
people
’s lives including children. Without
this
generous
co-operation
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cooperation
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from these individuals, it is hard for our government to do
such
things so fast and precisely as was shown to the public in
this
previous period of time. In conclusion, the universe is operated in a circle. As a favourite quote says that “the more you give out, the more you get back”. The more a business contributes back to
people
, to
the
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society
, to help them to archive desirable goals, the more successful the business can get as it will be paid back by
people
who were helped by them. The companionship between enterprise and
society
helps to facilitate, to create a better world for
people
to live in.
Submitted by hangnguyen.patho on

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Essentional vocabulary list for IELTS Writing 7+

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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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