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Band 7.5

As well as making money, businesses also have social responsibilities. Do you agree or disagree?

#money #businesses #responsibilities
While
 many think that making a surplus is the primary goal of businesses, I firmly believe that
corporations
 should
also
 recognise their social responsibilities. In
this
 essay, I will argue that businesses should balance their pursuit of profit with their obligations to society, as
this
 approach can yield benefits for both the
companies
 themselves and society as a whole. On the one hand, maximizing
profits
 is of paramount importance for the sustainability and development of
companies
. By earning huge
profits
,
corporations
 could not only cover various expenses,
such
 as employee salaries or operation costs but
also
 have the opportunity to grow their business.
For example
, substantial capital is essential for
companies
 to acquire state-of-the-art machines and processes to expand their production, thereby leading to improvements in both the quantity and quality of their products.
This
 acts as a powerful testament to the indispensable role of earning
profits
 in
corporations
.
On the other hand
, I think that
companies
 should take social duties into consideration
due to
 their colossal impact on improving businesses’ reputation and community development. Given the fact that customers these days attach greater importance to
companies
’ commitment to sustainably develop the community, firms that invest in doing social projects tend to gain more trust and loyalty from the general public .
For instance
, major
corporations
such
 as Vinamilk or Unilever have greatly enhanced their public image through philanthropic initiatives,
such
 as providing scholarships or giving charitable donations. Brand benefits
besides
Capitalize word
Besides
show examples
, these actions have a profound impact on the underprivileged, offering them the opportunity for a brighter future and the chance to contribute to the community. In conclusion,
although
 I agree that the bulk of
corporations
’ aims must be gaining
profits
, I would contend that fulfilling social duties is
also
 beneficial for establishments because it helps to increase brand recognition and has influence impacts on society.
Submitted by mreye313 on

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Use a variety of complex and simple sentences

You should use complex sentences in your writing, but it does not mean that you should try to make all of our sentences complex.

‘Complex’ sentences are not actually very complex; they are just two or more simple sentences put together. Putting them together makes the essay more coherent and cohesive.

Examples:

I really want to study but I’m too tired.

I wore a warm coat because the weather was cold.

If action is not taken soon on climate change, global warming will get worse.

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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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