A segment of society contends that the aim of entrepreneurs is to generate significant profits and they should focus solely on this. From my point of view, I disagree with this statement and would argue that businesses ought to allocate their concerns to other aspects such as the environment and their employees.
It is undoubted that money is the highest motivation which pushes the productivity of both employees and employers. The advantages of finance not only satisfy the personal demands but also offer a lot of support for community-oriented activities. Moreover, the financial achievements of corporations have been attributed to the economic development of nations.
Conversely, concentrating only on money is not a good approach for the sustainable advancement of a company. Environment has been a global issue that all businesses should take into account. For instance, a number of enterprises released their waste directly into the rivers that causes water pollution and lessens the existence of many marine species. In addition, deforestation is the result from excessive exploitation of natural forests for constructing factories and farms. Therefore, wildlife animals are suffering from extinction due to loss of habitats as well as climate change. In short, it is crucial for businesses to take the environmental effects into consideration which are created by their brainchild.
Furthermore, recognizing and prioritizing the value of employees is a vital factor that companies should consider to ensure long-term success. The more remuneration they receive, the more dedication they offer. It is clearly seen that overexploitation of subordinates often leads to the decline in health as well as passion that might cause industrial actions. Consequently, these corporations experience a significant drop in productivity, resulting in a decrease in profits.
In conclusion, I don’t support the idea that establishments solely prioritize financial purpose because other influences like environment and workforce attribute an enormous impact on their prolonged success.