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 often said that businesses around the globe are just earning money.

However

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, I believe that corporations should

also

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put their hands on social activities.

This

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essay emphasizes applying my viewpoints with valid illustrations. To commence with, the main aim of any business is to make money in order to survive in

this

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competitive world.

In other words

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, if the industry fails to bring profits on paper,

then

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they would not be able to fulfil a firm's needs, employees' wages, building rent, utilities etc.

In addition

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, it has been seen that most enterprises are now investing their funds in other businesses like real estate, endorsing particular products to make a company's reputation. So, if the association fails to make profitable outcomes,

then

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it would not be able to think and help social organizations.

In other words

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, businesses can only support welfare activities if they are in good financial shape. While it is

also

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true that companies should not only focus on maximizing their profits, they have to involve in social problems. By doing

such

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support, it aids to firm's value among the people.

For instance

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, the number one profile company in India, Reliance gives funds to many NGOs, Social organizations to support poor children's education and better living. They

also

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run Education & Sports for All (ESA) program where they encourage and assist a number of talented poor young ones to showcase their skills and talent on bigger platforms.

This

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will eventually help to increase the company's market and share values. In conclusion,

although

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it is essential to make money to run a business, it is more important to participate in welfare programs.

This

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will help to minimize poverty and unemployment issues in the country.

Submitted by tdpatel0 on Mon Dec 26 2022

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9
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meeting the goal of 7 or more
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Word repetition
meeting the goal of 3 or fewer
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Overall Band Score

Coherence and Cohesion: 6.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 9.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 9.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

286 words

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

Many people no longer read newspapers or watch TV news programmes. Instead they get news about the world from the Internet. Is this a positive or negative development?

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