There is no doubt that businesses have always sought to make a profit. However, some people argue that they should also contribute toward the societies. I completely agree with the idea that businesses should do more for society than simply make money.
To begin with, companies should continue to do their best to make a profit in order to survive in a competitive world. This is because that it seems logical that the priority of any company should be to pay their running costs efficiently. For instance, the companies should able to pay their employees' wages without any fail and payments for building and utilities. In addition to this, They also need to invest in improvements and innovations if they wish to remain successful. In contrast, if they are not able to pay their bills, then the concerns about social responsibilities become irrelevant. In other words, a company can make a positive contribution in society only if it is in a good financial health.
Nevertheless, besides making money, companies are more likely to play a vital role in building any society, developed and economically successful. To illustrate this point, a company's boss has to treat their employees well like by giving ' living wages' to improve their quality of life, rather than exploiting them. Moreover, owners could also share a proportion of their profits to local charities, environmental projects, and education initiatives. Finally, instead of trying to minimize their tax payments by using accounting loopholes, the company bosses should happy to contribute to society through the tax system.
In conclusion, although enterprises need to make money in order to run their businesses successfully, I believe that they can also give the same importance to social responsibilities as they do on financial objectives.
There is no doubt that businesses have always sought to
make
a profit.
However
,
some
people
argue that they should
also
contribute toward the
societies
. I completely
agree
with the
idea
that businesses should do more for
society
than
simply
make
money.
To
begin
with,
companies
should continue to do their best to
make
a profit in order to survive in a competitive world. This is
because
that it seems logical that the priority of any
company
should be to pay their running costs
efficiently
.
For instance
, the
companies
should able
to pay their employees' wages without any fail and payments for building and utilities.
In addition
to this, They
also
need to invest in improvements and innovations if they wish to remain successful.
In contrast
, if they are not able to pay their bills, then the concerns about social responsibilities become irrelevant.
In
other words, a
company
can
make
a
positive
contribution in
society
only
if it is in a
good
financial health.
Nevertheless
,
besides
making money,
companies
are more likely to play a vital role in building any
society
, developed and
economically
successful. To illustrate this point, a
company
's boss
has to
treat their employees well like by giving
'
living wages' to
improve
their quality of life,
rather
than exploiting them.
Moreover
, owners could
also
share a proportion of their profits to local charities, environmental projects, and education initiatives.
Finally
,
instead
of trying to minimize their tax payments by using accounting loopholes, the
company
bosses should happy to contribute to
society
through the tax system.
In conclusion
, although enterprises need to
make
money in order to run their businesses
successfully
, I believe that they can
also
give the same importance to social responsibilities as they do on financial objectives.