Topic : As well as making money, businesses also have social responsibilities. Do you agree or disagree?
The idea that, besides making money, enterprises also need to have community obligation. In my opinion, while making profits is the top priority, companies should conduct their business in community roles.
On the one hand, there are some positive effects when companies try to maximize their own profits. Firstly, It is clear that the more money they earn, the more tax their pay for the government which partly used to improve community infrastructure, education system as well as social welfare activities. Secondly, If the company earning huge profits, they can expand their own business. As a result, there are more job opportunities for the whole community. For example, after Linh Trung II industry has been expanded, thousands of people were employed.
On the other hand, there are some reasons why corporations need to accept their social responsibilities. The first reason is that their activities may result in serious environmental degradation such as global warming stemming from industrial emissions. For example, If the industry install the waste treatment systems rather than discharge chemical wastes into rivers, water pollution could be controlled. Another reason is enterprises should help those who are less fortunate. For example, big corporations such as Huynh Dai, Univer have enhanced their own public image through philanthropic actions such as providing scholarships and giving charitable donations.
In conclusion, I recognize that although making money is the fundamental principal’s companies, I would argue that they also should profoundly reflect upon their social roles.
The idea that, besides making money, enterprises also need to have community obligatio ns is gaining popularity in many countries . In my opinion, while making profits is the top priority for any commercial enterprise , companies should conduct their business in line with their social responsibilities. community roles.
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The idea that, besides making money, enterprises also need to have community obligations is gaining popularity in many countries. In my opinion, while making profits is the top priority for any commercial enterprise, companies should conduct their business in