As well as making money, businesses also have social responsibilities. Do you agree or disagree?
The issue that whether businesses should take social responsibilities for besides making profit remains a controversial question. Although I accept that money is the main purpose of business, I advocate that they should also be responsible for society.
With regard to economic perspectives, it is incontestable that earning profit should be a top priority to companies. By gaining high profit, they are able to afford manufacturing costs, employees’ salary and also expand their production. As a result, society could acquire great advantage from this due to a large number of jobs generated which reduces the rate of unemployment. In other words, the more money businesses earn, the more tax they pay for the government. This paved the way for increased government’s resources, and also benefits society as a whole.
On the other hand, I am convinced that businesses should engage in social obligation for various reasons. Firstly, the irresponsibility of company could induce some detrimental consequences for society. Take the pollution case of Thi Vai River in Vietnam as an example. Vedan Corporation disposed a large amount of polluted water directly into the river without any treatment. As a result, this river has been seriously contaminated until now despite the government’s saving efforts. Secondly, businesses should support the impoverished because they have financial resources to do that. By making charities work, they could offer underprivileged people a precious opportunity to have a better life.
In conclusion, profit is apparently the main concern regarding businesses; however, they should also take obligations towards society into consideration in order to make contribution to the development of community as a whole.
From: Ms Hồng, giáo viên tại trung tâm luyện thi ielts Egroup (7.5 ielts)
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