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.
Do corporations have an obligation to ensure that the societies and environments they operate in are taken care of? Or are they only bound by self-interest and profits? I concede that perhaps there is a moral obligation on large corporations to strive to maintain balance in the world, but such idealistic notions fall apart in the real world. In practice, a corporation’s motivation is only fueled by money and appeasing their stakeholders without any regard for external harm its operations cause.
To begin with, the concept of private corporations arises from a capitalistic society with the fundamental principle that every entity works for the benefit of itself and no other. To see why this is true, take into consideration any socialistic regime in the present or past. The largest employer in socialist India of the 1900s was the government owned Railways, a not-for-profit venture and not a private corporation. Turkey’s largest ‘firm’ is again the government owned steel industry. On the other hand, most large private tech corporations head offices can be traced back to the United States which promotes capitalism and advocates the idea of each man working for himself. Such philosophy precludes the notion that a private corporation can be expected to care for anything out of societal worry or ethical concerns; it simply runs to maximize profits.
On the other-hand, the basis of a government is to work for the well-being of its citizens. The foundational principle behind a government isn’t to generate profits, but to redirect the wealth it gains from its citizens in directions which serve for the betterment of the society as a whole. This general welfare includes care for the environment and the society. This can be seen if we consider corporations who do work for such causes - UNICEF is funded by numerous countries’ governments, the Paris Accord’s fund is pooled by many European nations and the US. Clearly, it goes to show that such selfless efforts towards the environment can only be undertaken by government agencies.
Finally, indeed it is true that corporations do have to follow the law of the land. In fact, this can be used to thrust some amount of responsibility on private firms shoulders to give back to society. Progressive legislators are envisaging laws which mandate every private firm to contribute to the environment’s wellbeing throughout the world. Take, for example, the corporate social responsibility tax in India. Companies have jumped at the opportunity of a tax incentive by simply proving that a certain amount of net revenue was used for betterment of the society. Its effects are already visible, Tata Steel has adopted several tribal villages, and Reliance - a multibillion telecom corporation - has pledged that they will plant 10000 trees every year. This shows that despite a fundamental lack of moral compass that companies hold, their efforts can still be molded towards such seemingly selfless tasks with some legislative help.
Clearly, a private company’s fundamental goal is to make money and associating human-like ethical responsibilities with them is naive. On the other hand, such a claim may suit government led organisations better. Nevertheless, this utter disregard can be mended if progressive laws which align with companies’ profit goals can help in reaching the right balance.
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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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Transition Words or Phrases used:
but, finally, if, may, nevertheless, so, still, well, for example, in fact, it is true, to begin with, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 24.0 19.5258426966 123% => OK
Auxiliary verbs: 10.0 12.4196629213 81% => OK
Conjunction : 15.0 14.8657303371 101% => OK
Relative clauses : 15.0 11.3162921348 133% => OK
Pronoun: 35.0 33.0505617978 106% => OK
Preposition: 70.0 58.6224719101 119% => OK
Nominalization: 20.0 12.9106741573 155% => OK
Performance on vocabulary words:
No of characters: 2841.0 2235.4752809 127% => OK
No of words: 538.0 442.535393258 122% => OK
Chars per words: 5.28066914498 5.05705443957 104% => OK
Fourth root words length: 4.81610080973 4.55969084622 106% => OK
Word Length SD: 3.08195341702 2.79657885939 110% => OK
Unique words: 295.0 215.323595506 137% => OK
Unique words percentage: 0.548327137546 0.4932671777 111% => OK
syllable_count: 885.6 704.065955056 126% => OK
avg_syllables_per_word: 1.6 1.59117977528 101% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 10.0 6.24550561798 160% => OK
Article: 9.0 4.99550561798 180% => OK
Subordination: 0.0 3.10617977528 0% => More adverbial clause wanted.
Conjunction: 4.0 1.77640449438 225% => Less conjunction wanted as sentence beginning.
Preposition: 7.0 4.38483146067 160% => OK
Performance on sentences:
How many sentences: 25.0 20.2370786517 124% => OK
Sentence length: 21.0 23.0359550562 91% => OK
Sentence length SD: 46.0862842937 60.3974514979 76% => OK
Chars per sentence: 113.64 118.986275619 96% => OK
Words per sentence: 21.52 23.4991977007 92% => OK
Discourse Markers: 4.8 5.21951772744 92% => OK
Paragraphs: 5.0 4.97078651685 101% => OK
Language errors: 0.0 7.80617977528 0% => OK
Sentences with positive sentiment : 16.0 10.2758426966 156% => OK
Sentences with negative sentiment : 1.0 5.13820224719 19% => More negative sentences wanted.
Sentences with neutral sentiment: 8.0 4.83258426966 166% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.254187276148 0.243740707755 104% => OK
Sentence topic coherence: 0.0721876940529 0.0831039109588 87% => OK
Sentence topic coherence SD: 0.0580207271096 0.0758088955206 77% => OK
Paragraph topic coherence: 0.14398738342 0.150359130593 96% => OK
Paragraph topic coherence SD: 0.0587436184613 0.0667264976115 88% => OK
Essay readability:
automated_readability_index: 14.2 14.1392134831 100% => OK
flesch_reading_ease: 50.16 48.8420337079 103% => OK
smog_index: 8.8 7.92365168539 111% => OK
flesch_kincaid_grade: 11.5 12.1743820225 94% => OK
coleman_liau_index: 13.34 12.1639044944 110% => OK
dale_chall_readability_score: 9.11 8.38706741573 109% => OK
difficult_words: 151.0 100.480337079 150% => OK
linsear_write_formula: 13.0 11.8971910112 109% => OK
gunning_fog: 10.4 11.2143820225 93% => OK
text_standard: 13.0 11.7820224719 110% => OK
What are above readability scores?
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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: 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.