Some people believe that corporations have a responsibility to promote the well-being of the
societies and environments in which they operate. Others believe that the only responsibility
of corporations, provided they operate within the law, is to make as much money as possible.
Write a response in which you discuss which view more closely aligns with your own
position and explain your reasoning for the position you take. In developing and supporting
your position, you should address both of the views presented
The social contract is a contract that an individual or organisation enters into when they decide to be a part of the society. This contract implies that there should be a symbiotic relationship between the society and the individual or corporation, that is, they should benefit each other. With this idea in mind, it is absurd to claim that corporations have no responsibility to the society beyond making money. This position is based on reasons which I will explain further below.
While the opposing side may hold that the only responsibility of the corporations is to make as much money as possible, I argue that this is an impossible position to hold because this cannot happen when the corporations do not show any form of responsibility to the environment within which it operates. For example, take an oil exploration company operating in a village, taking their oil, and destroying their environment. Yet, they show no concern to society; they do not employ staff from the village, they dump waste into their rivers and they destroy the soil. The society will definitely harbour acrimony for the organisation. A good example is the oil producing communities in Nigeria where members of the society go into crime, destroy the facilities, kidnap their staff, and consequently hamper the ability of these companies to "make as much money as possible". Hence, it is impossible for companies to maximise their money making potential when they are at odds with society and environment.
Also, it is important for corporations to show concern for society and environment because society is a stakeholder in its governance. Society provides customers, employees, land, capital and even suppliers which make up the immediate environment as well as the internal environment of the organisation. Thus, saying that the organisation has no responsibility to the environment is tantamount to saying that it has no responsibility towards itself, which is absurd to say the least.
Finally, the society makes up the context in which the organisation exists. The corporations do not exist in isolation of society. Hence the political, social, environmental and economic conditions of the society affects that of the organisation. For example, the richest companies in the world such Apple, Facebook and Google are all situated in the most industrialized society. In contrast, none of the top 100 companies in the world come from Africa, which is relatively less advanced. This shows that the context of society affects the extent of growth and financial prosperity which a corporation can experience. Thus, paying no attention to such a vital factor will spell doom for corporations.
In conclusion, while a company's only concern might be to maximise profit, this is impossible to do without showing responsibility to society because society is the context within which corporations exist, most stakeholders in corporations subsist within their environments and a company failing to show responsibility for environment will only be to its own detriment. Thus, corporations have responsibility to the societies and environments in which they exist.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2024-10-29 | batterylow_123 | 75 | view |
| 2023-09-11 | rookobay | 50 | view |
| 2023-08-26 | Ifthekhar | 50 | view |
| 2023-08-19 | Dinesh4518 | 50 | view |
| 2023-08-19 | Dinesh4518 | 67 | view |
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Grammar and spelling errors:
Line 7, column 132, Rule ID: SENT_START_CONJUNCTIVE_LINKING_ADVERB_COMMA[1]
Message: Did you forget a comma after a conjunctive/linking adverb?
Suggestion: Hence,
...s do not exist in isolation of society. Hence the political, social, environmental an...
^^^^^
Transition Words or Phrases used:
also, consequently, finally, hence, may, so, thus, well, while, for example, in conclusion, in contrast, as well as
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 21.0 19.5258426966 108% => OK
Auxiliary verbs: 10.0 12.4196629213 81% => OK
Conjunction : 14.0 14.8657303371 94% => OK
Relative clauses : 23.0 11.3162921348 203% => Less relative clauses wanted (maybe 'which' is over used).
Pronoun: 42.0 33.0505617978 127% => Less pronouns wanted
Preposition: 63.0 58.6224719101 107% => OK
Nominalization: 24.0 12.9106741573 186% => OK
Performance on vocabulary words:
No of characters: 2664.0 2235.4752809 119% => OK
No of words: 499.0 442.535393258 113% => OK
Chars per words: 5.33867735471 5.05705443957 106% => OK
Fourth root words length: 4.72634191566 4.55969084622 104% => OK
Word Length SD: 3.20385795007 2.79657885939 115% => OK
Unique words: 221.0 215.323595506 103% => OK
Unique words percentage: 0.442885771543 0.4932671777 90% => More unique words wanted or less content wanted.
syllable_count: 842.4 704.065955056 120% => OK
avg_syllables_per_word: 1.7 1.59117977528 107% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 13.0 6.24550561798 208% => Less pronouns wanted as sentence beginning.
Article: 6.0 4.99550561798 120% => OK
Subordination: 2.0 3.10617977528 64% => OK
Conjunction: 2.0 1.77640449438 113% => OK
Preposition: 3.0 4.38483146067 68% => OK
Performance on sentences:
How many sentences: 22.0 20.2370786517 109% => OK
Sentence length: 22.0 23.0359550562 96% => OK
Sentence length SD: 75.0487582556 60.3974514979 124% => OK
Chars per sentence: 121.090909091 118.986275619 102% => OK
Words per sentence: 22.6818181818 23.4991977007 97% => OK
Discourse Markers: 5.22727272727 5.21951772744 100% => OK
Paragraphs: 5.0 4.97078651685 101% => OK
Language errors: 1.0 7.80617977528 13% => OK
Sentences with positive sentiment : 8.0 10.2758426966 78% => OK
Sentences with negative sentiment : 8.0 5.13820224719 156% => OK
Sentences with neutral sentiment: 6.0 4.83258426966 124% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.347833015301 0.243740707755 143% => OK
Sentence topic coherence: 0.105086621442 0.0831039109588 126% => OK
Sentence topic coherence SD: 0.094629424001 0.0758088955206 125% => OK
Paragraph topic coherence: 0.214846672012 0.150359130593 143% => OK
Paragraph topic coherence SD: 0.0831073991515 0.0667264976115 125% => OK
Essay readability:
automated_readability_index: 15.1 14.1392134831 107% => OK
flesch_reading_ease: 40.69 48.8420337079 83% => OK
smog_index: 11.2 7.92365168539 141% => OK
flesch_kincaid_grade: 13.1 12.1743820225 108% => OK
coleman_liau_index: 13.99 12.1639044944 115% => OK
dale_chall_readability_score: 8.21 8.38706741573 98% => OK
difficult_words: 110.0 100.480337079 109% => OK
linsear_write_formula: 12.0 11.8971910112 101% => OK
gunning_fog: 10.8 11.2143820225 96% => OK
text_standard: 11.0 11.7820224719 93% => OK
What are above readability scores?
---------------------
Rates: 66.67 out of 100
Scores by essay e-grader: 4.0 Out of 6
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.