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

Quoted from the topic: "
As well as
making money,
businesses
also
have social
responsibilities
. To what extent do you agree or disagree with
this
". I disagree completely
,
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because
this
is a very flawed statement.
Firstly
, business is defined by making profits off of any commercial or professional activities;
therefore
,
businesses
cannot be represented by one singular entity but rather by a multitude of entities, each varying in their different objectives. Some lines of business might not even have any social impact or
responsibilities
at all. Some
businesses
may even seek to disrupt society for profit, intentionally worsening it.
For example
, the “Meth Business”, the distribution of methylamine and other addictive substances is a huge threat to young people, but technically, it still qualifies as a form of business because there are demands and profits for these products, albeit not legally.
Secondly
, it is absurd to force all
businesses
to have social
responsibilities
because not all of them possess the time and money to invest in it. They have already had enough problems to worry about.
For example
, most
of
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independent
businesses
in Vietnam are still struggling to handle their employees than bigger organizations that are meant for handling social
responsibilities
. In conclusion, I believe that organizations that do have a helpful status in society should uphold their responsibility, but not all
businesses
are eligible for
this
status, and to force them to comply is utterly ridiculous
Submitted by amusetour14 on

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Word Count

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Aim for between 260 to 290 words in writing task 2. This will ensure a concise essay and will be realistic in terms of time management. You have only 40 minutes to write the essay and you need around 10 minutes of planning time, so you will not be able to write a long essay in 30 minutes.

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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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