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 order to survive, corporations must make money. Successful corporations try and make as much money as possible. Yet this incentive to make money does not mean that a corporation can be a detriment to the society in which it operates. Corporations have a duty and a responsability to ensure the well being of the society in which they are a part. Contributing to the well being of a society is actually benefical to a corporation in many cases. One of these is making sure that workers are well taken care of. Absenteeism and neglect while on duty are a big problem for corporations, as is attracting the best workers, who hopefully will lower the risks caused by absenteeism and neglect. One way that corporations can attract these workers is by offering them generous benefits. If, for example, an employer includes with employment a good health care plan, they will be able to attract better workers than one that does not, and that will aid the corporation greatly. Health care plans provided by employers mean that these people have at their disposal health coverage, which means that they have the care they need if they get sick. This also might encourage preventive care, something that has been shown to reduce the cost and risk of developing other major ailments. Another area where corporations providing support for themselves and society is in the creation of human capital. Globalization and increased education means that employers need a better educated workforce more than ever. One way that employers can contribute to this is by sponsoring worker training programs, or paying for their employees to return to school. This creates a more educated workforce for employers, as well as may increase the loyalty of employees to an employer. An employee who received an education sponsored by an employer may be thankful for receiving that education, and may work harder for that employer. This creates a benefit for employers and employees. The main reason that corporations have a duty to contribute to the well being of society is that they are a part of the society. Even though they have an economic desire to make a profit, corporations also should think long term about actions they take which could hurt their company. A good example of this is BP, after the recent oil spill in the gulf. Their desire to make a profit meant that they did not keep up on all of their safety regulations and standards, and the result of the then faulty equipment caused a massive spill. This cost them huge amounts of money to clean up, as well as the fines they had to pay for causing this. The biggest loss for BP however is that there brand name will be associated in the US and abroad as the company that caused this giant oil spill. As the spill was happening, many people boycotted the company, resulting in lost potential revenue. They may realize that as they lose business to people upset by the spill, that making sure a spill didn’t happen in the first place was cheaper. Another reason corporations have to ensure the well-being of a society is that by makign a society better off, a company may have more consumers. This is especially true for corporations that sell goods for middle and upper class consumers. If a corporation tries to bring people up and increase the overall economic well being of society, they may find that more and more people have to ability to afford their goods. This could generate huge new profits for this corporation, since their pool of potential consumers has gone up considerably. Concentrating on the long term here means that corporations can increase their pool of potential consumers. By denying responsabilty to a society, a corporation is only looking at the possible short term profits, not the potential long term ones. While in the short term it may work for a corporation to ignore their societal responsability, it is advantageous in the long term for the entire corporation to make sure society is getting better. The potential for new markets, products, production processes and other beneficial factors that come from promoting well being is quite large. This is something that corportions should be ready and willing to take advantage of, and something that society should hold them accountable for.
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 1, column 76, Rule ID: TRY_AND[1]
Message: "Try and" is common in colloquial speech, but "'try to'" is recommended for writing.
Suggestion: try to
...ust make money. Successful corporations try and make as much money as possible. Yet thi...
^^^^^^^
Transition Words or Phrases used:
actually, also, but, first, however, if, look, may, so, then, well, while, for example, as well as, in many cases, in the first place
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 34.0 19.5258426966 174% => OK
Auxiliary verbs: 24.0 12.4196629213 193% => OK
Conjunction : 21.0 14.8657303371 141% => OK
Relative clauses : 33.0 11.3162921348 292% => Less relative clauses wanted (maybe 'which' is over used).
Pronoun: 72.0 33.0505617978 218% => Less pronouns wanted
Preposition: 79.0 58.6224719101 135% => OK
Nominalization: 17.0 12.9106741573 132% => OK
Performance on vocabulary words:
No of characters: 3548.0 2235.4752809 159% => OK
No of words: 725.0 442.535393258 164% => Less content wanted.
Chars per words: 4.89379310345 5.05705443957 97% => OK
Fourth root words length: 5.18900992827 4.55969084622 114% => OK
Word Length SD: 2.75290234909 2.79657885939 98% => OK
Unique words: 312.0 215.323595506 145% => OK
Unique words percentage: 0.430344827586 0.4932671777 87% => More unique words wanted or less content wanted.
syllable_count: 1098.9 704.065955056 156% => OK
avg_syllables_per_word: 1.5 1.59117977528 94% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 13.0 6.24550561798 208% => Less pronouns wanted as sentence beginning.
Article: 8.0 4.99550561798 160% => OK
Subordination: 9.0 3.10617977528 290% => Less adverbial clause wanted.
Conjunction: 6.0 1.77640449438 338% => Less conjunction wanted as sentence beginning.
Preposition: 4.0 4.38483146067 91% => OK
Performance on sentences:
How many sentences: 34.0 20.2370786517 168% => OK
Sentence length: 21.0 23.0359550562 91% => OK
Sentence length SD: 38.4524264559 60.3974514979 64% => OK
Chars per sentence: 104.352941176 118.986275619 88% => OK
Words per sentence: 21.3235294118 23.4991977007 91% => OK
Discourse Markers: 3.91176470588 5.21951772744 75% => OK
Paragraphs: 1.0 4.97078651685 20% => More paragraphs wanted.
Language errors: 1.0 7.80617977528 13% => OK
Sentences with positive sentiment : 28.0 10.2758426966 272% => Less positive sentences wanted.
Sentences with negative sentiment : 4.0 5.13820224719 78% => OK
Sentences with neutral sentiment: 2.0 4.83258426966 41% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.267350004363 0.243740707755 110% => OK
Sentence topic coherence: 0.0796384327072 0.0831039109588 96% => OK
Sentence topic coherence SD: 0.0818381861436 0.0758088955206 108% => OK
Paragraph topic coherence: 0.267350004363 0.150359130593 178% => OK
Paragraph topic coherence SD: 0.0 0.0667264976115 0% => 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: 12.3 14.1392134831 87% => Automated_readability_index is low.
flesch_reading_ease: 58.62 48.8420337079 120% => OK
smog_index: 8.8 7.92365168539 111% => OK
flesch_kincaid_grade: 10.3 12.1743820225 85% => OK
coleman_liau_index: 11.08 12.1639044944 91% => OK
dale_chall_readability_score: 7.81 8.38706741573 93% => OK
difficult_words: 144.0 100.480337079 143% => OK
linsear_write_formula: 7.5 11.8971910112 63% => OK
gunning_fog: 10.4 11.2143820225 93% => OK
text_standard: 8.0 11.7820224719 68% => The average readability is low. Need to imporve the language.
What are above readability scores?
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Write the essay in 30 minutes.
Minimum four paragraphs wanted.
Rates: 50.0 out of 100
Scores by essay e-grader: 3.0 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.