As well as making money, business also have responsibility towards society. To what extent do you agree or disagree?

Some arguments illustrate that domestic businesses not only concentrate on making a profit but also take care of the community. While it is true to some extent, my point of view is that if businesses more focus on society rather than their organizations, then it will pose several potential threats to their company.

On the one hand, social responsibilities were operated by doing business activities for the benefit of the community is an effective approach to promote a company’s reputation towards consumers. Indeed, people nowadays have a tendency for using eco-friendly products, for example, if the charitable donation of a company concerning environmental protection programs, which could lead to the improvement of the company’s brand and attract more customers contemporaneously. Moreover, social obligation programs for employees could boost their morale in their workplace and lead to greater productivity, which has an impact on how profitable the company can be.

On the other hand, financial organizations must concentrate on making money to survive in a competitive and fast-changing world. If investing more in corporate social responsibilities could lead to exorbitant expenditure and costs for enterprises, they might be unable to meet the change needs of customers or pay costs incurred, from that, any concern about social obligation becomes irrelevant. In addition, when social responsibilities are integrated with the company’s operation, the expense of the production of services business offers might increase, which result in increasing the price of products and makes the company lose its potential consumers.

In conclusion, caring for society through social activities is a significant method to enhance the company's reputation, however, if more contribution to the community but a lack of attention to the company, it could pose challenges for business owners.