Saturday, October 29, 2016

Planet, People and Profits

Recently, whether businesses should have amicable responsibility has become a controversial issue in the worldwide. There is no denying that the substance of differentiating products and services to stand tabu in a move marketplace for the sake of maximise the profit. However, Corporate sociable righteousness (CSR) which has becomes a fashion near the world defined as the voluntary commitment by business to manage its activities in a responsible way1. For me, it is a good idea for corporations to intrust social responsibility on planet, people, not just on profit.\nTo begin with, have you seen a red logo create verbally as Caring family on some leaflets or system websites? It is a lineation that embodies a culture of accepted caring through actions and whole kit and boodle at all levels of its organization and appreciates the importance of prominent tooshie to the local communities they serve2. According to the statistic, a total of 2,768 companies were recognized pr ecedent this year in Hong Kong3. The payoff makes it clear that giving to the fraternity has taken a lavishly priority in merged decision- making. To put the matter simply, about 2800 companies could show their responsibilities in 2014, I firmly believe that giving back to the society is no longer a stymy to the companies. Therefore, profit is hardly to be an excuse and responsibility is plausibly to be a prune in business.\nFurthermore, businesses could increase their clams by make a social or environmental difference through their decisions. why should business care about CSR, simply because their customers do. A panorama conducted by Landor Associates4, the branding company, lay down that 77% of consumers say it is master(prenominal) for companies to be socially responsible. In addition, Milton Friedman, the economist and Nobel laureate, written an word in The New York clock Magazine in 1970 titled, The Social Responsibility of Business Is to cast up Its Profits. 5He pointed out that invol...

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