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.
Companies have a responsibility that exceeds immediate financial interests. Moreover, adding to a well functioning and prosper society is in their best interest.
An individual corporation does not exist in his own isolated hemisphere. Contrary, it embeds its work in a complex system, which it mutually influences and is influenced by. In order to operate under the best conditions, a company should therefore invest in non-monetary factors such as the well-being of the society and environment.
Nearly all companies favor a thriving general economy. Furthermore, we know that the general economy functions best, if the society is stable and optimistic. If a private corporation would not invest in the well-being of their employees and other stakeholders, it would risk a strike or even a general uprising amongst citizens. On the other hand, happy people are more likely to spend their money and contribute to an effective functioning of the free market, which would in turn help the company. These examples illustrate, why it is important for a single companyto take a greater responsibility for the society as a whole.
Another reason, why coporations should have responsibility for the well-being of the general public and the planet is the discrepancy between short-term and long-term perspectives. For instance, it may be short-term profitable to exploit all natural ressources recklessly. However, the long-term implications would be desasterous. While this reckless behavior may not necessarily be in the interest of the company as a whole, it could be intended by a manager trying to get his next bonus. This individual agent, in control of the company would then sacrifice the long-term perspective of humanity and even his own company. As such principal-agent problems can not be effectively ruled out by the free market, holding private companies responsible for their action is the very best measure to avoid such pernicious outcomes.
These two points clarify my position. I do not think that financial interests and the well-being of societies and environments are necessarily conflicting. In contrast to this, I believe that long-term money-making goals and those are in perfect harmony. Therefore companies should be held responsible for their influence on the general population and the planet. Fortunately, we see an increasing awareness of these ramifications in today's economy and most companies engage in substantial programs to help their local community and the planet.
- 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 70
- The following appeared in a memorandum from the owner of Movies Galore, a chain of video rental stores.“In order to reverse the recent decline in our profits, we must reduce operating expenses at Movies Galore’s ten video rental stores. Since we are f 58
Grammar and spelling errors:
Line 7, column 86, Rule ID: GENERAL_XX[1]
Message: Use simply 'public'.
Suggestion: public
...esponsibility for the well-being of the general public and the planet is the discrepancy betwe...
^^^^^^^^^^^^^^
Line 9, column 256, Rule ID: SENT_START_CONJUNCTIVE_LINKING_ADVERB_COMMA[1]
Message: Did you forget a comma after a conjunctive/linking adverb?
Suggestion: Therefore,
...goals and those are in perfect harmony. Therefore companies should be held responsible fo...
^^^^^^^^^
Transition Words or Phrases used:
but, furthermore, however, if, may, moreover, so, then, therefore, well, while, for instance, in contrast, such as, in contrast to, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 19.0 19.5258426966 97% => OK
Auxiliary verbs: 12.0 12.4196629213 97% => OK
Conjunction : 16.0 14.8657303371 108% => OK
Relative clauses : 6.0 11.3162921348 53% => More relative clauses wanted.
Pronoun: 32.0 33.0505617978 97% => OK
Preposition: 39.0 58.6224719101 67% => OK
Nominalization: 7.0 12.9106741573 54% => More nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 2123.0 2235.4752809 95% => OK
No of words: 388.0 442.535393258 88% => More content wanted.
Chars per words: 5.47164948454 5.05705443957 108% => OK
Fourth root words length: 4.43821085614 4.55969084622 97% => OK
Word Length SD: 3.21114059216 2.79657885939 115% => OK
Unique words: 206.0 215.323595506 96% => OK
Unique words percentage: 0.530927835052 0.4932671777 108% => OK
syllable_count: 668.7 704.065955056 95% => OK
avg_syllables_per_word: 1.7 1.59117977528 107% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 11.0 6.24550561798 176% => OK
Article: 3.0 4.99550561798 60% => OK
Subordination: 4.0 3.10617977528 129% => OK
Conjunction: 0.0 1.77640449438 0% => OK
Preposition: 4.0 4.38483146067 91% => OK
Performance on sentences:
How many sentences: 21.0 20.2370786517 104% => OK
Sentence length: 18.0 23.0359550562 78% => The Avg. Sentence Length is relatively short.
Sentence length SD: 46.0560144019 60.3974514979 76% => OK
Chars per sentence: 101.095238095 118.986275619 85% => OK
Words per sentence: 18.4761904762 23.4991977007 79% => OK
Discourse Markers: 7.09523809524 5.21951772744 136% => OK
Paragraphs: 5.0 4.97078651685 101% => OK
Language errors: 2.0 7.80617977528 26% => OK
Sentences with positive sentiment : 13.0 10.2758426966 127% => OK
Sentences with negative sentiment : 3.0 5.13820224719 58% => More negative sentences wanted.
Sentences with neutral sentiment: 5.0 4.83258426966 103% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.176377385969 0.243740707755 72% => OK
Sentence topic coherence: 0.0534638101329 0.0831039109588 64% => OK
Sentence topic coherence SD: 0.0393767899629 0.0758088955206 52% => OK
Paragraph topic coherence: 0.107797718164 0.150359130593 72% => OK
Paragraph topic coherence SD: 0.0167471886515 0.0667264976115 25% => Paragraphs are similar to each other. Some content may get duplicated or it is not exactly right on the topic.
Essay readability:
automated_readability_index: 13.6 14.1392134831 96% => OK
flesch_reading_ease: 44.75 48.8420337079 92% => OK
smog_index: 8.8 7.92365168539 111% => OK
flesch_kincaid_grade: 11.5 12.1743820225 94% => OK
coleman_liau_index: 14.45 12.1639044944 119% => OK
dale_chall_readability_score: 9.37 8.38706741573 112% => OK
difficult_words: 119.0 100.480337079 118% => OK
linsear_write_formula: 7.5 11.8971910112 63% => OK
gunning_fog: 9.2 11.2143820225 82% => OK
text_standard: 9.0 11.7820224719 76% => OK
What are above readability scores?
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Rates: 70.83 out of 100
Scores by essay e-grader: 4.25 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.