One school of thought holds that besides making money, enterprises should also need public responsibilities while acknowledging the reasons for this proposal, I would agree that they should also conduct their businesses in a socially responsible manner.
On the on hand, there are good grounds for advocating the efforts of companies to maximise their income. First, the higher profits earned by enterprises, their more taxes they pay for governments, thereby increasing the subsidy source for priority field consists of education, healthcare, which leads to an improvement in quality of life of the whole community. Secondly, by earning huge profits, companies have more opportunities to grow their businesses. For example, firms could use their capital to expand their production of, reducing the unemployment rate within the community.
On the other hand, there are strong reasons why businesses should also accept that they have social responsibilities. The first reason is that their activities have an effect on the environment. Within controls, production possess may result in serious environmental degradation, such as global warming stemming from factory emissions or irresponsible disposal of waste. For example, if factories installed waste treatment systems instead of discharging chemical wastes into rivers, water pollution could be controlled. Another reason is that enterprises should help those who are less fortunate, since they have money to do so.
In conclusion, although I recognise that making profits is the fundamental principle of business, I would argue that all businesses should profoundly reflect upon their social responsibilities.
