Should making money be the only thing a company should do?

[Matan_z]

absolutely negative a company has to take care of its employees and customers, it must has empathy to its users. moreover a company must explain well to its employees how things work, to give them everything they need whenever if its food, information or details about the payments and rules.
A company must also have a list of rules so its employees shall know what is allowed and what is not, and if an employee bypass the rules too many times he would get fired. Basically to be informative and responsible for its users.

 

[Syldan]

Actually the primary aimed and objectives of every establishment, is to make profit but to some extent, profit should not be the only priority of the company but meeting up with the needs of it customers is very important.
Actually there is no doubt that most of the established business companies focused on the issue of income generation and they takes it as the first priority but also the need of the customer should be considered.

 

[Shigobad20201]

The purpose of doing business is to make money and generate income and that should be the first priority of a company ,then taking proper care of the workerand also the customers .

 

[Sincerem]

Money is the most important priority why a business organisation was established , but at the same time you will not be able to get whatever you need if customers satisfaction is not made the most important priority.

 

[glitch]

Well, this comes down to morals and goals. Some companies that get big will start donation campaigns and other events while donating themselves.

 

[Shigobad20201]

Money is the first goal of starting a company , after that if the company no now succesful , they can start by looking into the communities and impact good things in the life of the people .

Well, this comes down to morals and goals. Some companies that get big will start donation campaigns and other events while donating themselves.

 

[glitch]

Money is the first goal of starting a company , after that if the company no now succesful , they can start by looking into the communities and impact good things in the life of the people .

We have to keep in mind, a lot of companies who do this get massive tax breaks and some will form their own "charities" in which they donate money to tax free to pocket it without ever paying taxes.

 

[Godspower]

No I don't think so, making money should not be the only thing that a company can do,I good company is expected to take good care of it's clients and provide the necessary things needed.

This is right. Though profit making is one of the main objectives, a business should be able to satisfy specific needs of members of the public. It should also give back to it's host community as well.

 

[Shigobad20201]

We have to keep in mind, a lot of companies who do this get massive tax breaks and some will form their own "charities" in which they donate money to tax free to pocket it without ever paying taxes.

I understand your point , though its good for a company to engage in charity works but without the company making money first , they cannot afford to do any charity events .

 

[Heatman]

That should not be the only thing company should do a company should also help to fix necessity needs like road

This is also regarded as being socially responsible to the community we are the businesses set up because if you don't take care of some sort of things that you need to take care of apart from making money from them, it will end up hurting your business.

 

[Good-Person]

This is also regarded as being socially responsible to the community we are the businesses set up because if you don't take care of some sort of things that you need to take care of apart from making money from them, it will end up hurting your business.

I think that many businesses are quite related to and have good relationship with the communities. This also includes local communities as well. Certain businesses are more inclined to certain types of communities. It all depends on the policy of the company,.

 

[Grant]

The main purpose is usually always the profits, but in order to gain those profits, you need to be an efficient company that gets the job done to make said earnings. You need to take it seriously when hiring people to work for you, setting up the company and so much more. There's a lot to a business, money is usually #1, but you need to do other things to keep that money flowing.

 

[Heatman]

I think that many businesses are quite related to and have good relationship with the communities. This also includes local communities as well. Certain businesses are more inclined to certain types of communities. It all depends on the policy of the company,.

No matter the structure of any company and how they carry out their business policies, if they are not socially responsible to the community where they are located, it is always going to be very difficult for them to operate freely without the support of the community.

 

[Mostee501]

Making money is an important goal for a company, it should not be the sole focus. A company should also consider the interests of its stakeholders, act ethically, foster innovation, prioritize customer satisfaction, and demonstrate social responsibility.

 

[Heatman]

Making money is an important goal for a company, it should not be the sole focus. A company should also consider the interests of its stakeholders, act ethically, foster innovation, prioritize customer satisfaction, and demonstrate social responsibility.

Making money is very important for the survival of any business or company but that shouldn't be where everything ends because you should ensure that your company is socially responsible to a lot of stakeholders and also the community where the business is being carried out. They are the two hands that holds up any business for a long time.

 

[Good-Person]

The main purpose is usually always the profits, but in order to gain those profits, you need to be an efficient company that gets the job done to make said earnings. You need to take it seriously when hiring people to work for you, setting up the company and so much more. There's a lot to a business, money is usually #1, but you need to do other things to keep that money flowing.

I think that many companies are also involved in welfare work as well they tend to support many governmental projects that are aimed towards targeting people who cannot aford to buy food and other important and necessary thing in life. This is why they do not work for money only.

 

[Heatman]

I think that many companies are also involved in welfare work as well they tend to support many governmental projects that are aimed towards targeting people who cannot aford to buy food and other important and necessary thing in life. This is why they do not work for money only.

Any company that is involved in community service where their business is located is always loved by the community people and they will go to any extent to support the company and even be willing to work and give their best to the growth of the company.

 

[Good-Person]

Any company that is involved in community service where their business is located is always loved by the community people and they will go to any extent to support the company and even be willing to work and give their best to the growth of the company.

We must try to understand that any company never offers money to charity organisations without reason. Some governments also support certain companies when they donate money to charity organisations and welfare organisations. They may also offer free treatments to the employees of a company. So, it is a "give and take" kind of condition.

 

[Heatman]

We must try to understand that any company never offers money to charity organisations without reason. Some governments also support certain companies when they donate money to charity organisations and welfare organisations. They may also offer free treatments to the employees of a company. So, it is a "give and take" kind of condition.

There have been some cases where companies were accused of trying to avoid paying taxes by saying that they had their money donated to charitable organisations as a means to cover up paying their taxes which is something that is illegal.

 

[Good-Person]

There have been some cases where companies were accused of trying to avoid paying taxes by saying that they had their money donated to charitable organisations as a means to cover up paying their taxes which is something that is illegal.

I think in that cases, the company should have some kind of authentic record that could prove them right in case if they have indeed donated money to a charity organisation. Companies get exempted from paying taxes when they, indeed, donate money to welfare organisations.