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

It is widely believed that businesses need to have public responsibilities. While generating profit is the top priority for each company, I agree that they should

also

conduct their

business

in a socially responsible manner. On the one hand, profit maximisation by

corporations

may have certain societal benefits. The more profits a

business

earns, the more taxes it pays to the government.

For example

, the authorities may have more revenue to spend in the fields, including education and health care, which improves the quality of life of the whole community.

Corporations

can grow their

business

by reaching huge earnings to expand new job opportunities within the community.

However

,

Corporations

must

first

maintain financial stability in order to accomplish those.

Nevertheless

, there are compelling reasons why

corporations

should recognise their social duties. The

first

reason is that their activities affect the environment, increasing the number of pollution, which in turn drives global warming, leading to many far-reaching consequences.

For instance

, they cause natural disasters

such

as floods, droughts, and habitat loss, worse than even threatening the lives of animals.

Next

, another reason is that companies contribute to the welfare of society and the environment, are received a positive view from consumers.

For example

, Starbucks Corporation purchases Fair Trade Certified ingredients and manufactures products committed to social responsibility, including sustainability and community welfare. I believe that businesses have social responsibilities that positively impact their profitability. To summarise, while I recognise that profit is the primary premise of

business

, I believe that all enterprises should deeply consider their social duties.