As well as making money, businesses also have social responsibilities - IELTS Writing Task 2 Essay Topic

As well as making money, businesses also have social responsibilities, which should be completed in 40 minutes. In the IELTS Writing Task 2 agree or disagree you are supposed to give a relevant answer. In IELTS Writing Task 2, you need to write at least 250 words. Furthermore, it is also suggested that you should add a few examples to make your stance stronger. Check the below sample essay.

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As well as making money, businesses also have social responsibilities. Do you agree or disagree?

Give reasons for your answer and include any relevant examples from your own knowledge or experience.

You should write at least 250 words.

Model Sample Answer 1 Band 8 - As well as making money, businesses also have social responsibilities. Do you agree or disagree?

With the enhancement of business, many believe that the owners should contribute to the world and should adhere to corporate social responsibility, while others deny this opinion. If asked personally I would agree with the former opinion.

First and foremost, it is evident that the business owners are in a position to make a huge change, this creates a better future for the whole nation. There are many issues such as hunger that need to be addressed by these people. There is a vast population who lives under the poverty line, for them, it is difficult to even have the essentials for them. The nation will crumble, and the company will soon be affected negatively. For instance, renowned businessman Bill Gates started the Global Polio Eradication Initiative (GPEI)  in 1988 and we witnessed the astonishing result: it has almost eradicated the problem of polio from the whole world.

On the flip side, it should not be disregarded that reinvesting in their own business will improve business as well as generate more jobs. This will indirectly strengthen the nation's economy. It is true that the magnification of a business will result in an increased amount of tax not only through the industries but also from the companies’ newly recruited or recently promoted employees.

To conclude and to summarize, it can be observed that completing corporate social responsibility will not only serve the nation but also enhance their own company. I would suggest that all business tycoons should ethically donate significant resources for the welfare of everyone. 
    
(255 words)

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Model Sample Answer 2 Band 7.5 - As well as making money, businesses also have social responsibilities. Do you agree or disagree?

Many believe that proprietors of large-scale industries must incorporate corporate social responsibility in their companies, while others deny this opinion. I wholeheartedly agree with the former opinion, my stance is given in the ensuing paragraphs.

To commence with, all business owners have succeeded in their life with a direct or indirect contribution to society, so it must be obvious that they should return their favor when they have the opportunity. There are many communities that support the budding start-up through supportive ideas, finance, and proffering employees, thus, they should continue this generous cycle and give back a significant amount to society when they have enough for themselves. Furthermore, they should do this as if they are investing in their own society and thus in the near future, it will likely help them back as well.

On the contrary, the economist mindset of a huge mass is likely to push these owners towards more investment in other businesses. This would increase their chances to not only survive in the industry but also make a handsome profit for themselves. This diversification is usually considered a key to the enhancement of all the sectors in which businesses operate. 

To sum up and offer my position, I would like to put forth that if businesses help the community, they will have a huge gain in the longer run, to add, they will also gain the valuable trust of the people in general. Thus, all the owners should take it upon themselves to donate a certain amount and help the nation to grow.

(258 words)

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Model Sample Answer 3 Band 7 - As well as making money, businesses also have social responsibilities. Do you agree or disagree?

There is a debate whether the business should have an ethical responsibility and serve the nation or they should put their money into something else. I bolster this perception, my position is explained further with logical reasons and examples. 

To begin with, there are many ways through which a business owner can uplift society, out of which scholarship is the most popular form of aid which can be done by them. The TATA Group has many scholarships, through which they help society to grow in a direction where they can have a secured future. These scholarships even offer positions in the TATA companies where they can use the knowledge which they have gained throughout their lives and benefit the company as well. All such activities will also help to maintain respect not only in front of the employees but also in front of the general populace.

In contrast, many say that employees who work in these companies and have to spend a long time in the betterment of these industries should get benefits if the company wants to be generous. There are many employees who work religiously with the company, their efforts should not be disregarded, they should be given a token of appreciation either through promotion or through some sort of incentive.

To conclude, it can be said that if owners have magnanimous hearts, they will put their money to good use. It is true that they have enough and they should use a bit of this to help others in all the ways possible.

(257 words)

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Model Sample Answer 4 Band 6 - As well as making money, businesses also have social responsibilities. Do you agree or disagree?

There is a split opinion on the fact that in the modern era, organizations have social duty after they make their own monetary pursuits. I strongly opine with the given notion, my inclination towards my stance will be explained further.

To start with, helping others will enhance their trust in the employees and this will also give tax benefits. In countries like India, there are many tax exemptions, such as 80G in which we can get 50% deductions if we donate a significant amount to various fundraisers. Moreover, all enterprises should not make any decisions that can harm nature in the longer run. Many factories do not discard the harmful gases properly and release them in open nature, this causes breathing problems to the local residents. 

However, some say that there are a number of obligations to a company such as growing the company, paying back the dividends as well as updating the current technologies. If the companies use their resources and exhaust them on social duties, then they might not have enough left to complete these mandatory tasks; if these are not completed, then the company is likely to be in grave danger. As a result, it increases the number of work options, which lowers unemployment and raises people's standards of living.

To conclude and give my position, even if it is crucial to have a profit in order to maintain a business, fulfilling social commitments is as crucial for the nation. Additionally, a business ought to help its clients, regardless of the cost.

(253 words)

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