blog




  • Essay / Social responsibility as a tool to encourage enterprise

    In the business world, the use of enterprise is intended to generate profits. After making profits, they can establish other business locations, gain competitive advantages, increase their market share and expand their operations all over the world to maximize their profits. However, I disagree with what Friedman said: “Corporations have no social responsibility.” I believe that rather than maximizing profits, social responsibility is also important for businesses. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an Original Essay Some businesses focus on profit maximization or social responsibility because they don't want to make money on that aspect. Otherwise, their profit will be reduced. However, simply thinking about how to maximize profits while ignoring other corporate social responsibility factors can produce side effects on corporate behavior. For example, a company invents a low-cost car and earns a high profit from it, but the car may lack some basic safety features, have poor gas mileage, and contain many harmful pollutants in its exhaust. . As a result, it affects the human respiratory system and the environment. While this demonstrates high profit, it would also reveal a lack of social responsibility. The outside world will consider that the company is not a company of conscience. When the company performs its social responsibility well, it not only improves people's living standards, but also creates goodwill for itself to attract more customers and business partners. Charitable giving and socially and environmentally responsible investments are the key factors that will be explored in this essay. First of all, for charitable donations, taking McDonald's as an example, it operates like a fast food chain. A total of 37,855 restaurants worldwide in 2018. They mainly focus on marketing to children. They continue to make charitable donations while making significant profits, this shows discretionary responsibility on their part. Ronald McDonald House Charities is one of the charities donated by McDonald's. It provides families of sick children with a place to stay while their child is treated at a nearby hospital. It is their philanthropic responsibility to help different groups in society. This type of behavior lets people know that McDonald's not only sells fast food for profit, but also helps people in need. In addition, The Walt Disney Company is doing its best to improve environmentally friendly labor policies and investments. Disney is committed to reducing its carbon footprint with goals of net zero greenhouse gas emissions, zero waste and a commitment to water conservation. His action can show people that they are helping to improve the environment and will continue to support Disney. Apart from this, they also continue to find ways to improve the working environment of their employees. They actively ensure that strict international labor policies are in place to protect the safety and rights of their employees. Additionally, they are active in the community and encourage employees to do the same. They also have healthy living initiatives to promote healthy eating habits among employees. When the company.