Companies are responsible only for making money for their investors. Therefore, they should not be held accountable for the environmental and social costs of their business activity to society as a whole. Businesses should do no more than concentrate on making profit. To what extent do you agree or disagree with this opinion? Give reasons for your answer and include any relevant examples from your knowledge or experience.

Nobody would argue that the reason businesses and corporations exist is to make a profit for the owners and shareholders.
However
, a key question is whether
such
companies
should
also
have a duty of responsibility to the
world
that they exist in, particularly in terms of their social and environmental impact. I personally believe they do for the following reasons.
Firstly
, it is impossible to divorce
companies
from the
world
in which they exist. After all, they are run by people and produce their products and services
are
Unnecessary verb
apply
show examples
for society in general. History has shown us countless cases where
companies
have disregarded
such
obligations, causing terrible environmental damage to the planet, and at its most extreme
haveeven
Correct your spelling
have even
have ever
been guilty of murder. As
citizens
Add a comma
citizens,
show examples
we are all expected to follow laws that are designed to protect both the planet and its inhabitants. Making
companies
exempt from the same rules would be perverse. In effect, it would mean one rule for us and another for them. Without accountability, capitalist greed would run wild creating massive inequality, and
longer
Correct word choice
in the long
show examples
term, life on
this
planet would eventually be destroyed. If anything,
companies
should required to set an example for society, given how much they dominate the
world
in which we live. In conclusion, whilst I accept that the business
world
is motivated by profit, it is my firm belief that we all have to abide by the same rules and
companies
are no exception. I cannot see any circumstance in which they should be absolved from
this
. To argue the contrary is, to my mind, untenable.
Submitted by aakbarov2010 on

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  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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Topic Vocabulary:
  • shareholders
  • wider communities
  • long-term detriments
  • ethical practices
  • sustainable practices
  • social welfare programs
  • brand image
  • customer loyalty
  • corporate social responsibility (CSR)
  • sustainable growth
  • government regulations
  • consumer pressure
  • environmental and social accountability
  • business models
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