As well as making money, businesses also have social responsibilities. Do you agree or disagree? Flashcards

1
Q

As well as making money, businesses also have social responsibilities. Do you agree or disagree?

A

Introduction:

  • What kinds of obligation a company should have
  • Top priority of companies is to generate profits >< they should also have social responsibilities.

Body:
- Businesses already contribute to society by simply focusing on making money.
+ Earn much profits > expand their businesses > creates more job opportunities for people.
+ Multinational corporations such as xxx can be a great illustration > employing > reduce unemployment rates.
+ Companies make higher profits, they will pay more taxes for the government.
+ $ can be used to invest in important fields such as education or health care > benefit society as a whole.

  • Apart from making money, companies also need to have social responsibilities.
    + Rising number of factories > environmental damage > protect environment > new technologies > recycle wastes
    + Helping those who are less fortunate such as homeless or disabled citizens > enhance the image of the company.
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