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As well as making money, businesses also have social responsibilities. To what extent do you agree or disagree?

As well as making money, businesses also have social responsibilities. Ljl8

Businesses have always sought to make a profit, but it is becoming increasingly common to hear people talk about the social obligations that companies have. I completely agree with the idea that businesses should do more for society than simply make money. On the one hand, I accept that businesses must make money in order to survive in a competitive world. It seems logical that the priority of any company should be to cover its running costs, such as employees’ wages and payments for buildings and utilities. On top of these costs, companies also need to invest in improvements and innovations if they wish to remain successful. If a company is unable to pay its bills or meet the changing needs of customers, any concerns about social responsibilities become irrelevant. In other words, a company can only make a positive contribution to society if it is in good financial health. On the other hand, companies should not be run with the sole aim of maximizing profit; they have a wider role to play in society. One social obligation that owners and managers have is to treat their employees well, rather than exploiting them. For example, they could pay a “living wage” to ensure that workers have a good quality of life. I also like the idea that businesses could use a proportion of their profits to support local charities, environmental projects or education initiatives. Finally, instead of trying to minimize their tax payments by using accounting loopholes, I believe that company bosses should be happy to contribute to society through the tax system. In conclusion, I believe that companies should place as much importance on their social responsibilities as they do on their financial objectives.

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make
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but
 it is becoming increasingly
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people
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companies
 have. I completely This phrase/word (depending on the context) can be potentially replaced with :acquiesce
agree
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idea
 that businesses should do more for You use this word too often, consider replacing it withcompanyhumanitycommunitynationculturecivilization
society
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must
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make
 money in order to survive in a competitive world. It seems logical that the priority of any You use this word too often, consider replacing it withgroupclubcommunityteampartyassociation
company
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these
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companies
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company
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meet
 the changing needs of customers, any concerns about social responsibilities become irrelevant. In other words
, a You use this word too often, consider replacing it withgroupclubcommunityteampartyassociation
company
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only
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make
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positive
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good
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companies
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 with the sole aim of maximizing profit; they

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have
 a wider role to play in You use this word too often, consider replacing it withcompanyhumanitycommunitynationculturecivilization
society
. One social obligation that owners and managers have is to treat their employees well, rather
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businesses could This phrase/word (depending on the context) can be potentially replaced with :exploit
use
 a proportion of their profits to support local charities, environmental

This sentence does not start with an uppercase letterProjects
projects
 or education initiatives. Finally
, instead
 of trying to minimize their tax payments by using accounting loopholes, I believe that You use this word too often, consider replacing it withgroupclubcommunityteampartyassociation
company
 bosses should be happy to contribute to You use this word too often, consider replacing it withcompanyhumanitycommunitynationculturecivilization
society
 through the tax system. In conclusion
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companies
 should place as much importance on their Please add a punctuation mark at the end of paragraphsocial.social!social?social:social,social;
social


This sentence does not start with an uppercase letterResponsibilities
responsibilities
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