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It is often said that the primary aim of a trade is to make money, yet it can not ignore its responsibility towards society. I agree with this point of view.
People start businesses so that they may accumulate wealth for themselves. It is justified, so business people and entrepreneurs must direct their passion and energy toward this goal. However, a flourishing or successful business is in a position to help society and impact positively and effectively. It is the duty of each one to contribute positively to the world, and the onus magnifies if one has more resources and ability. Many corporates have CSR, a management concept whereby companies integrate social and environmental concerns into their business operations and interactions with their stakeholders. More firms must set examples for others to follow.
There are many ways in which a business or an organization can help society. First, a growing business offers employment to people. Society always needs ample job opportunities all the time. Also, these organizations can extend their help in saving the environment by running plantation drives and directing some of their employees to spread awareness among people.
Some big companies can also help in education and healthcare services by building more facilities or supporting governments in research and scientific activities.
Finally, social entrepreneurship is another way that can help society immensely. There are many examples of social entrepreneurship in the world of business. One of the most significant examples is that of the brand that brought the white revolution in India, Amul.
To sum up, though one establishes a business to fill gaps in society to build wealth; however, it also gives a golden opportunity to serve society. Thus,
Swaatii Sehgal