Planet, People and Profits

Recently, whether businesses should have amicable responsibility has become a controversial issue in the worldwide. There is no denying that the entailment of differentiating products and services to stand forth in a displace marketplace for the sake of maximizing the profit. However, Corporate hearty business (CSR) which has becomes a fashion well-nigh the world defined as the voluntary commitment by business to manage its activities in a responsible way1. For me, it is a good idea for corporations to example social responsibility on planet, people, not just on profit.\nTo begin with, have you seen a red logo compose as Caring phoner on some leaflets or physical composition websites? It is a organisation that embodies a culture of honorable caring through actions and deeds at all levels of its organization and appreciates the importance of grownup patronise to the local communities they serve2. According to the statistic, a total of 2,768 companies were recognized p referably this year in Hong Kong3. The human body makes it clear that giving to the confederacy has taken a senior high school priority in corporate decision- making. To put the matter simply, near(predicate) 2800 companies could show their responsibilities in 2014, I firmly believe that giving back to the society is no longer a disenable to the companies. Therefore, profit is hardly to be an excuse and responsibility is promising to be a slew in business.\nFurthermore, businesses could increase their pelf by make a social or environmental difference through their decisions. why should business care about CSR, simply because their customers do. A sentiment conducted by Landor Associates4, the branding company, entrap that 77% of consumers say it is great for companies to be socially responsible. In addition, Milton Friedman, the economist and Nobel laureate, written an article in The New York generation Magazine in 1970 titled, The Social Responsibility of Business Is to emergence Its Profits. 5He pointed out that invol...