In business, the use of corporations is to generate profits. After earning profits, they can set up more business locations, gain competitive advantages, increase market share, and expand their operations around the world to maximize profits. However, I do not agree with what Friedman said: “companies have no social responsibility”. I believe that, in addition to maximizing profits, social responsibility is also important for companies. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay Some companies focus on maximizing profits by considering social responsibility because they don't want to take money on this aspect. Otherwise, their profit will be reduced. However, simply thinking about how to maximize profits while ignoring other corporate social responsibility factors can produce side effects on corporate behavior. For example, a company invents a low-priced car and makes a high profit on it, but the car may lack some basic safety features, have poor fuel economy, and contain many harmful pollutants in its exhaust . As a result, it affects the human respiratory system and the environment. Even if it shows high profit, but it would also demonstrate a lack of social responsibility. The outsider will consider the company not a conscientious enterprise. When companies carry out their social responsibility well, they not only improve people's living standards, but also create goodwill to attract more customers and business partners. Charitable giving and socially and environmentally conscious investing are the key factors that will be explored in this essay. First of all, for charitable donations, using McDonald's as an example, it functions like a fast food chain. A total of 37,855 restaurants worldwide in 2018. They mainly focus on marketing to children. They continue to give to charity and make significant profits, which demonstrates their discretionary responsibility. Ronald McDonald House Charities is one of the charities donated by McDonald's. It provides families of sick children with a home to stay while their child is treated at a nearby hospital. It is their philanthropic responsibility to help different groups in society. This type of behavior allowed people to learn about McDonald's by not only selling fast food for profit, but also helping people in need. Furthermore, The Walt Disney Company is doing its best to improve labor policies and environmentally conscious investments. Disney is committed to reducing its carbon footprint with goals of zero net greenhouse gas emissions, zero waste and a commitment to conserving water. His action can make people realize that they are helping to improve the environment and will continue to support Disney. Apart from that, they also continue to find ways to improve the work environment of their employees. They are actively ensuring the adoption of rigorous international labor policies to protect the safety and rights of their employees. Additionally, they are active in the community and encourage employees to do the same. They also have healthy living initiatives to promote healthy eating habits among employees. When the company treats employees better, it can not only improve its image towards employees, but also increase employee effectiveness. Furthermore, Dialogue in the Dark Hong Kong shows a social conscience. Its aim is to change the public perception of disabilities: they are simply different from normal people but they have.
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