For And Against Social Responsibility
Social responsibility is said to be a very controversial topic. It is the idea that companies should embrace its social responsibilities and not be solely focused on maximizing profits. That attitude entails developing businesses with a positive relationship to the society which they operate in. It is tough to unequivocally claim whether it is a proper believe and everyone should obey to this rule or it is just unnecessary and maybe even harmful for some reasons. To begin with, being socially responsible for sure has lots of advantages and might be considered as a very moral action. Firstly, companies are utilizing the society and they should give them something in return. Business causes many social problems and it is its responsibility to eliminate or at least reduce the inconveniences they create. Moreover, usually the damage which has been done by functioning a certain organization often has its ramifications much longer than the time of existing that company. Especially as far as air pollution and other environmental contaminations are concerned. Another point is that businesses have many of the resources needed for solving society’s problems and they should use them to do so. What is more, if corporations are not socially responsible then the government will create new regulations and establish fines against those companies. Last but not least, acting this way might be profitable for corporations. They can prosper and build shareholder value by working to solve social problems and build positive public relations. On the other hand, social responsibility has many drawbacks, mainly in economic aspects. Skeptics often claim that businesses should focus on profits and leave social and environmental issues to the government or nonprofit organizations to deal with. Secondly, companies do not have necessary knowledge to take care of social problems. In addition to this, business is already said to be a very powerful...
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