Many people believe that big business in addition to generating profits should be involved in and responsible for the social life of the community. To what extent do you agree or disagree?

Many people believe that big business in addition to generating profits should be involved in and responsible for the social life of the community. To what extent do you agree or disagree?

Yes,

• This approach will make their customers trust them which directly profits them in business.
• All businesses use resources whether it is people, or natural resources, infrastructure and fuels etc. should work on the sustainable approach to save the environment.
• Education, well-being, work life balance approach will encourage businesses to give their employees stress free zones for workers to work efficiently.

Many people argue that businesses should not only focus on generating profits but also they should be responsible for the social well-being and bring sustainability to save the environment. This essay will discuss both the views and come to a plausible conclusion.

To commence with, it is a significant responsibility of the large businesses to also focus on the communities well-being where they are working and operating. Almost every business uses the natural resources for production, public infrastructure, transport and work force around them, and they should give them back. For example, several organizations such as Tata in India, support initiatives in education and health care systems for not only their workers but also for those residing in communities around their factories across Indian cities. 

Moreover, by virtue of spoiling the environment, prosperous commercial entities must take the onus of improving the surroundings and to help create sustainable surroundings. For instance, many businesses have adopted a green approach by initiating tree plantation drives, recycling industrial waste, and cleaning the water bodies and locales to alleviate the impact of their activities. This can help them build and reinforce their reputation and engender client trust. 

However, some believe expecting large organizations to involve themselves in social activities is unjustified. Their view is founded on the fact that these large businesses are already paying taxes: income, profit, environment and social security, among others, and contribute to the government and community initiatives. Likewise, they are also providing employment to many and supporting them. Thus, such demands are unwarranted.   

To conclude, even though large businesses are already contributing to the society by paying taxes, I believe their responsibility is beyond profits, they should also participate in community wellness and promote sustainable environmental approach.