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.
In contemporary society two viewpoints on liability of big business co-exist. One the one hand, we have the belief that corporations ought to be socially responsible and should promote well-being of the society and environment. On the other hand, we have the idea that the main goal of corporations is to earn money and thus we can only expect from them that they will operate within the law. Although initially those prospects seem to be in confrontation with each other, as far as I am concerned they are complementary to each other and only by perceiving them together we may understand the role and responsibility of big business in our societies.
To begin with, I assume that no one will argue against the idea that the main purpose of any business is to make profits; otherwise, an enterprise will be named as a nonprofit organization. Consequently, it is reasonable to claim that corporations ought to compel and follow the law which is created by governments to restrict and steer business’ actions. In other words, government creates rules or norms of business activity and then enforces them. As a result, a business has to act within the law in attempt to generate wealth. In other words, it is direct and explicit responsibility and breach of it will lead to penalty.
At the same time, the second stance that big business is liable for well-being of societies and environment has its right to exists as well. In fact, in recent years we often hear from heads of countries and corporations about it. For instance, Mr. Putin in his presidential speech underscored that business with its possibilities and money may help societies in which one works. Similar words we heard from president Obama and chancellor Merkel who tried to invoke business consciousness as well. And business has responded on this exhortation. To illustrate an idea, we may take a look at McDonalds and other fast food restaurants which have recently added in their menu vegetables and food free of fats. This step is a response on the problem of many developed countries - obesity. In fact, those corporations made a step further and gave people a choice to be healthy. This is one example of many which demonstrates that contemporary business has understanding that it is responsible for our future and future of the planet.
However, it seems that we have a dilemma because two viewpoints which seem to be in conflict with each other exist simultaneously. But a closer glance at the paradox reveals us that both those stances are complementary characteristics of today's corporations. Big business acts within the law in order to make profits and does it in the way which may create well-being in societies and environment in which it works. For example, we may take a look at such carmaker as Tesla which promotes electric cars which are friendly to the environment, their emission of greenhouse gases equals zero, many of materials which are used to build those cars may be recycled etc. Moreover, those cars are safe to drive as well. At the same time, those cars are sold for money and Mr. Musk has profit from those sales. Similar conduct we may see in many big businesses which try to improve well-being of societies where they operate.
In conclusion, although many of us tend to believe that liability of corporations is limited by the law and the desire to make profit, in today's reality, big business is responsible for promotion of well-being of people and preservation of environment in case, those actions do not impede the making money.
Post date | Users | Rates | Link to Content |
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2020-01-27 | Ulka1999 | 50 | view |
2020-01-25 | fugitate | 50 | view |
2020-01-25 | underwoodkats1 | 54 | view |
2020-01-24 | jason123 | 66 | view |
2020-01-24 | jenniferjack07 | 66 | view |
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Grammar and spelling errors:
Line 5, column 774, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
... the problem of many developed countries obesity. In fact, those corporations mad...
^^^
Discourse Markers used:
['but', 'consequently', 'however', 'look', 'may', 'moreover', 'second', 'so', 'then', 'thus', 'well', 'as to', 'for example', 'for instance', 'in conclusion', 'in fact', 'as a result', 'in other words', 'to begin with', 'on the other hand']
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance in Part of Speech:
Nouns: 0.2466367713 0.240241500013 103% => OK
Verbs: 0.150971599402 0.157235817809 96% => OK
Adjectives: 0.0717488789238 0.0880659088768 81% => OK
Adverbs: 0.0448430493274 0.0497285424764 90% => OK
Pronouns: 0.0523168908819 0.0444667217837 118% => OK
Prepositions: 0.137518684604 0.12292977631 112% => OK
Participles: 0.0239162929746 0.0406280797675 59% => OK
Conjunctions: 2.93067713557 2.79330140395 105% => OK
Infinitives: 0.0358744394619 0.030933414821 116% => OK
Particles: 0.0 0.0016655270985 0% => OK
Determiners: 0.0807174887892 0.0997080785238 81% => OK
Modal_auxiliary: 0.0224215246637 0.0249443105267 90% => OK
WH_determiners: 0.0209267563528 0.0148568991511 141% => OK
Vocabulary words and sentences:
No of characters: 3561.0 2732.02544248 130% => OK
No of words: 607.0 452.878318584 134% => OK
Chars per words: 5.8665568369 6.0361032391 97% => OK
Fourth root words length: 4.96360453597 4.58838876751 108% => OK
words length more than 5 chars: 0.299835255354 0.366273622748 82% => OK
words length more than 6 chars: 0.233937397035 0.280924506359 83% => OK
words length more than 7 chars: 0.186161449753 0.200843997647 93% => OK
words length more than 8 chars: 0.121911037891 0.132149295362 92% => OK
Word Length SD: 2.93067713557 2.79330140395 105% => OK
Unique words: 277.0 219.290929204 126% => OK
Unique words percentage: 0.456342668863 0.48968727796 93% => More unique words wanted or less content wanted.
Word variations: 55.4927007029 55.4138127331 100% => OK
How many sentences: 26.0 20.6194690265 126% => OK
Sentence length: 23.3461538462 23.380412469 100% => OK
Sentence length SD: 62.537515368 59.4972553346 105% => OK
Chars per sentence: 136.961538462 141.124799967 97% => OK
Words per sentence: 23.3461538462 23.380412469 100% => OK
Discourse Markers: 0.769230769231 0.674092028746 114% => OK
Paragraphs: 5.0 4.94800884956 101% => OK
Language errors: 1.0 5.21349557522 19% => OK
Readability: 46.7398935496 51.4728631049 91% => OK
Elegance: 1.64457831325 1.64882698954 100% => OK
Coherence and Cohesion:
Essay topic to essay body coherence: 0.555726886286 0.391690518653 142% => OK
Sentence sentence coherence: 0.094834808117 0.123202303941 77% => OK
Sentence sentence coherence SD: 0.0843122852423 0.077325440228 109% => OK
Sentence paragraph coherence: 0.48378166615 0.547984918172 88% => OK
Sentence paragraph coherence SD: 0.161466756878 0.149214159877 108% => OK
Sentence topic coherence: 0.190271485677 0.161403998019 118% => OK
Sentence topic coherence SD: 0.115771784485 0.0892212321368 130% => OK
Paragraph paragraph coherence: 0.454575304981 0.385218514788 118% => OK
Paragraph paragraph coherence SD: 0.0440509164143 0.0692045440612 64% => OK
Paragraph topic coherence: 0.402429826961 0.275328986314 146% => OK
Paragraph topic coherence SD: 0.0634490025677 0.0653680567796 97% => OK
Task Achievement:
Sentences with positive sentiment : 16.0 10.4325221239 153% => OK
Sentences with negative sentiment : 8.0 5.30420353982 151% => OK
Sentences with neutral sentiment: 2.0 4.88274336283 41% => OK
Positive topic words: 12.0 7.22455752212 166% => OK
Negative topic words: 4.0 3.66592920354 109% => OK
Neutral topic words: 1.0 2.70907079646 37% => OK
Total topic words: 17.0 13.5995575221 125% => OK
What are sentences with positive/Negative/neutral sentiment?
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Rates: 83.33 out of 100
Scores by essay e-grader: 5.0 Out of 6
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Note: This is not the final score. 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.