Preview

Businesses Are Responsible for Helping Society in Any Way They Can. to What Extent Do You Agree with This Comment?

Good Essays
Open Document
Open Document
597 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Businesses Are Responsible for Helping Society in Any Way They Can. to What Extent Do You Agree with This Comment?
Businesses are responsible for helping society in any way they can. To what extent do you agree with this comment? Write an essay discussing your views and substantiating your arguments with reference to examples in different contexts.

| |

The incident of blood therapy death due to improper blood transfusion in a

beauty centre, has stirred up lots of discussion on social responsibility. I agree that

businesses are under obligation to help society to a large extent. This is because

businesses are the one to create socio-environmental problems, they therefore should

also have the abilities to solve them. Besides, it is a new trend to contribute care to

society when business parties can make a profit from society.

First, Socio-environmental problems arise from unethical behaviors of

businesses which should take responsibility to tackle those problems. From a social

perspective, high land and residential rents, betting addiction and other social

problems are probably byproducts made by those greedy businessmen. They care

nothing but profit. For example, Lender Promise provides loans with easy offers for

the debt-ridden. However, when the indebted cannot pay back the loans in an assigned

period, financial companies will then trouble them. From an environmental

perspective, stunning sceneries are now blatantly spoiled by pollutions and

uncontrolled use of natural resources. Industrial waste gushed out from cheap suppliers of multinational companies like Disney in Mainland. All these pollutants

pollute nearby rivers and lead to severe ecological consequences. Those businesses

cannot make any commitments to the environment. But instead, they make profits at

the expense of the cost paid by the society or the public. As a matter of fact, they

should have a responsibility to society and to remedy problems in anyway they can.

Moreover, businesses own capital and technical skills and other

You May Also Find These Documents Helpful

  • Satisfactory Essays

    China's Water Crisis Dbq

    • 319 Words
    • 2 Pages

    So many industries are being produced, pollution is a major problem. The industries need a lot of water, and/so the water is getting contaminated. This problem helps explain China’s water shortage because smog is smoke and fog so it can make you sick just breathing it in. Factories are growing which leads to contaminated rivers. Documents D and C.…

    • 319 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Est1 Wgu

    • 712 Words
    • 3 Pages

    “Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large.” (Baker, Mallen (June 8,…

    • 712 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    In this article, “Businesses Don’t Need a Social Conscience” by Jack Harris in the issue of Today’s Business Student February 2007, Harris stated that businesses do not have empathy for the people or the community. Companies only focus on the primary goal of generating a profit and do not care about their customers; however, more issues should be addressed. He has a valid point that businesses focus mainly on their profits. An example of this is that they allow the workers in other countries to be involved in child labour, and which places the workers in horrible working environments.…

    • 337 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Quiz 1

    • 655 Words
    • 7 Pages

    The idea that businesses have a duty to serve society as well as the financial interest of stockholders is called…

    • 655 Words
    • 7 Pages
    Satisfactory Essays
  • Good Essays

    The loss of farming due to people move into city for better paying jobs. The factories cause air and water pollution. The working cautions in the factories were extremely poor that cause in the spread of disease. The factories working caution cause death in the…

    • 2092 Words
    • 9 Pages
    Good Essays
  • Satisfactory Essays

    2. Talking about business's social responsibilities is to be concerned with society's interests that bind business's behaviour. True…

    • 546 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Thirty-five years ago, Milton Friedman wrote a famous article for The New York Times Magazine whose title aptly summed up its main point: "The Social Responsibility of Business Is to Increase Its Profits." Friedman had no patience for capitalists who claimed that "business is not concerned 'merely' with profit but also with promoting desirable 'social' ends; that business has a 'social conscience' and takes seriously its responsibilities for providing employment, eliminating discrimination, avoiding pollution and whatever else may be the catchwords of the contemporary crop of reformers." Friedman wrote that such people are "preaching pure and unadulterated socialism. Businessmen who talk this way are unwitting puppets of the intellectual forces that have been undermining the basis of a free society these past decades."…

    • 2335 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Lastly, companies lack the analytical capabilities to measure the performance and value that their internal social networks bring. There are no measures in place to monitor and scientifically annotate how these social networks improve business transactions, or if employees are even using them properly or even to their full extent. Issues you see are few improvements, or lack of proof that social networks are impacting productivity positively and fewer see the positive impact to finances.…

    • 951 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The ethical issues presented in this case are the different views that each individual has on how the idea of corporate social responsibility (CSR). This dispute is between Mr. Milton Friedman, John Mackey, and T.J. Rodgers; all of which has a different outlook on CSR. The definition of CSR refers to the responsibilities that business has to the society in which it operates and to those actions that a business can be held accountable. Most philosophers have come up with three different types of responsibilities that corporations can be held accountable for. The first and most important of the three is a corporation’s duty to not cause harm. If a corporation can avoid causing harm to society and consumers then they are almost obliged to do so even if it is not required by law. The second responsibility is the responsibility to prevent harm. In this situation a business would have the responsibility to prevent harm even if they were not the cause of this harm. Thirdly there is the responsibility to do good, which would involve charity work and volunteering.…

    • 765 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    In underscoring the importance of social responsibility Hollender and Breen (2010) point out that in today’s world the society has become a ‘virtual’ licensor for businesses in operation. It has therefore become increasingly important to win the approval of the society: that has become the prerequisite for business survival and therefore a prescription for success since it paves the way for business organizations to begin producing stellar economic and social goods. (p. 9)…

    • 1301 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Hey there, here is an essay I wrote for one of my business subjects. Seeing as I do not actually work in the field it will be interesting to see how true or false some of the points I make are. NOTE: The second half of the essay is on another one of my threads. Thanks…

    • 1410 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Creating Shared Value

    • 919 Words
    • 4 Pages

    Porter & Kramer begin the article by blaming business, overall, as the major cause of social, environmental and economic problems. They say that the companies are prospering amidst all that is going on around us and it is at our (community’s) expense. The notion of having the business bring together with society is what companies ought to be doing. The authors later say that “shared value is not social responsibility, philanthropy, or even sustainability, but a new way to achieve economic success (Porter & Kramer, 2011).” For the most part, Porter & Kramer are criticizing the thought process of the trade-off between societal needs and economic success, and the way the concept of ‘externalities’ have shaped corporate and policy strategy.…

    • 919 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    busad 250 exam1 review

    • 476 Words
    • 2 Pages

    The Role of Business in Society and potential positive and negative effects (Exhibit 4, p. 8)…

    • 476 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    OTM ASSIGNMENT

    • 2622 Words
    • 13 Pages

    e) All the three assignments are to be completed by due dates (specified from time…

    • 2622 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Business & Mother Earth

    • 580 Words
    • 3 Pages

    Let’s take the situation of China as an example. China has reached the peak of the mountain, the power and glory all with her but what are those if she is over populated and over polluted? Their government is focusing more on their economic status and not to their citizens, the government suppose to be is for the peope. As a BA student, in doing our business let us also consider our environment, let’s think about what will be the effect of our business in our environment? We should put in mind that it’s not only we want to earn profit but also to lend a helping hand to the Mother Earth. According to Thay also know as Zen master Thich Nhat Hanh that in the world of business, "It's possible to make money in a way that…

    • 580 Words
    • 3 Pages
    Good Essays