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

There is no doubt that businessmen aim to earn some money, while some people consider that they should take on corresponding responsibilities. In my opinion, I completely agree with

this

view and believe that

companies

ought to do more for

society

than simply make money.

First

of all, it is justified that

companies

make some money and

thus

they can survive in fierce competition and

further

extend their scale. Every

company

need to pay for daily consumption and workers' salary, as well as building refurbishments.

Therefore

, it seems logical that the priority of any

company

should be to cover its running costs. From an opposite angle,

society

is more likely to fall into chaos and workers find themselves standing on the unemployment line since the

company

cannot afford these payments.

In other words

, a

company

can only make a positive contribution to

society

if it is in a good financial state.

However

,

companies

should not be run with the sole aim of maximizing profit; they have a wider role to play in

society

. One social obligation that owners and managers have is to treat their employees well, rather than exploit them.

For example

, they could pay a 'living wage' to ensure that workers have a good quality of life. I

also

like the idea that businesses could utilize a proportion of their profits to support local charities, environmental projects or educational organizations.

Finally

,

instead

of trying to minimise their tax payments by using accounting loopholes, I believe that

company

bosses should be happy to contribute to

society

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.