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?

Nobody would argue that these days a lot depends on the
reputation
of a
business
as the
company
can maintain its status and clients
this
way.
However
, a key question is what responsibility should businesses bear regarding social and environmental costs. I personally believe that businesses should focus on creating profits for themselves, but they
also
should not forget about their
reputation
.
Firstly
, it is impossible to argue that to make a good profit, any
business
or
company
needs to be responsible for its social and environmental actions. If a
company
performs well on a social level,
as well as
an environmental one, it will have a positive
reputation
. With a good
reputation
comes more potential buyers, popularity and loyalty from customers and investors.
Secondly
, we live in a time of developed capitalism, where every person has the right to establish a
company
and generate income by any means
according to
the law. If observing the
reputation
situation from the legal point of view, law-abiding organizations can do and achieve a lot if they work respecting the rules and regulations, without running into any legal problems with the government authorities. Allowing organizations to focus only on their main product without ethical considerations may lead to a loss of consumer trust and
reputation
.
This
business
approach may seem advantageous
initially
, but not for long-term use. Without supporting social and environmental issues,
business
also
loses popularity among the public, so fewer people will recognize and use their services.
Therefore
, money earned with moral principles and maintaining one’s
reputation
is a better option in the long run. In conclusion, it is in the interests of the enterprise itself to maintain its
reputation
. Various promotions in which the
company
participates maintain its popularity. It is beneficial to maintain positive relationships with customers and make interesting offers in promotions.
Submitted by aakbarov2010 on

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task achievement
Provide more concrete examples to support your points. Real-world business examples or case studies would make your arguments more convincing.
coherence cohesion
Ensure that each paragraph transitions smoothly to the next, and consider using more varied linking phrases.
coherence cohesion
Clear and logical structure that ensures the essay is easy to follow.
coherence cohesion
The introduction and conclusion are both present and effectively introduce and conclude the essay.
coherence cohesion
Main points are well-supported and the arguments are compelling and relevant.
task achievement
The task is addressed effectively, covering different dimensions of the topic.

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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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    • Sentence 4 - Conclusion
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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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