Wednesday, January 12, 2011

The Corporation, business ethics, and social responsibilities

It is important that a business is aware of their social responsibilities and business ethics.  Businesses should contribute by making an impact on the community or the world.  I believe that a business should not only think about making profits, but to also give back to the community while making profits.  I also think that it is highly unacceptable for a business to do outrageous things to harm the environment and community.


An example of how a business has harmed the environment and the community would be The Corporation.  This business hires young children who are very poor that are willing to work to support their family, while getting paid below minimum wage.  Some businesses have deals where a partial amount of funds would be donated to the less fortunate children.  I think that this is a way of how businesses try to generate and increase their profit.  They make a lot of profit because they pay children at a very low minimum wage while they make triple the profit of the amount they pay the workers.

It is important that business use their resources usefully rather than putting them to waste.  I think that certain business should share their resources with other countries who are less fortunate.  This would be considered a good social responsibility.

No comments:

Post a Comment