Monday, January 23, 2017

Planet, People and Profits

Recently, whether occupationes should have complaisant business has become a contentious issue in the knowledge domainwide. there is no denying that the significance of differentiating products and serve to stand pop in a crowded food market for the sake of maximizing the addition. However, corporate Social business (CSR) which has becomes a fashion around the world defined as the unpaid commitment by business to manage its activities in a responsible way1. For me, it is a serious idea for corporations to practice kind responsibility on planet, people, non just on profit.\nTo pop out with, have you seen a departure logo written as Caring Company on some leaflets or organic law websites? It is a scheme that embodies a culture of genuine pity through actions and deeds at all levels of its organization and appreciates the vastness of giving backward to the topical anaesthetic communities they serve2. According to the statistic, a sum of money of 2,768 companies were recognized earlier this year in Hong Kong3. The number makes it draw that giving to the society has taken a high antecedence in corporate decision- making. To found the matter obviously, about 2800 companies could stage their responsibilities in 2014, I intemperately believe that giving back to the society is no agelong a handicap to the companies. Therefore, profit is hardly to be an apologia and responsibility is likely to be a trend in business.\nFurthermore, businesses could increase their profits by make a social or environmental diversion through their decisions. Why should business care about CSR, simply because their customers do. A survey conducted by Landor Associates4, the branding company, found that 77% of consumers say it is important for companies to be socially responsible. In addition, Milton Friedman, the economic expert and Nobel laureate, written an article in The New York Times clip in 1970 titled, The Social Responsibility of Business Is to Inc rease Its Profits. 5He pointed out that invol...

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