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If the primary duty and concern of a corporation is to make money, then conflict is inevitable when the corporation must also acknowledge a duly to serve society. From your perspective, how accurate is the above statement? Support your position with reasons and/or examples from your own experience, observations, or reading.
We take for granted that a primary objective and obligation of a corporation is to maximize profits. But does this mean a corporation cannot also fulfill its obligations to society? The speaker claims mat the two duties necessarily conflict. In my view, however, a corporations duties to maximize shareholder wealth and to serve society will at times coincide and at times conflict; and when they do conflict, neither takes automatic precedence over the other.
Beyond the obvious duty to maximize shareholder wealth, corporations indeed owe a duty to serve society, especially the immediate community, which permits corporation to operate in exchange for an implied promise that the corporations will do no harm and will bring some benefit to the community These duties can often be fulfilled together. For example, a successful corporation brings jobs and elated economic benefit to the community. And, by contributing to community activities and charities in other ways, the corporation gains a reputation for social responsibility that often helps it become even more successful.
However, at times these duties do conflict. Consider, for instance, a company that unknowingly leaks into the ground a toxic substance that threatens to contaminate local groundwater. While the company may favor an inexpensive containment program, community leaders may want the company to go further by cleaning up and restoring their environment-even if the expense will force the company to leave and take jobs from the community. Whatever the company decides, it should not assume that protecting profits automatically outweighs social obligation. In many instances it does not, as highly-visible tobacco, automobile safety, and asbestos liability cases aptly illustrate. Such examples reveal a limit as to how far a corporation can ethically go in trading off the well-being of the community for the sake of its own profits,
In sum, corporations have duties both to do well and to do good. Although conflict between these duties is not inevitable, it does occur. Determining which duty takes precedence in time of conflict requires careful consideration of all the ethical ramifications of each alternative.
每日雅思词汇:艺术风格
每日雅思词汇:含有"震惊"之意的词汇
每日雅思词汇:表示生气的词汇及词组
每日雅思词汇:"马“背上的词汇
每日雅思词汇:天气词汇
每日雅思词汇:世界大学生运动会
每日雅思词汇:药物词汇
每日雅思词汇:好吃的零食
雅思词汇解读:合作竞争(coopetition)
每日雅思词汇:走路的方式
每日雅思词汇:股市震荡
每日雅思词汇:五谷杂粮
每日雅思词汇:入住酒店必知的词汇
每日雅思词汇:照亮生命的"光"
每日雅思词汇:各种各样的职位
每日雅思词汇:吃货最爱的食物
每日雅思词汇:女性生理期词汇
雅思口语分类词汇大全
每日雅思词汇:交通禁止标志
每日雅思词汇:与星期有关的词组
每日雅思词汇:机构改革词汇
每日雅思词汇:公司董事会
雅思词汇学习的3个误区和解决方案
每日雅思词汇:take短语
每日雅思词汇:美味日料词汇
每日雅思词汇:表示时间的词汇
每日雅思词汇:各种贬义称呼
每日雅思词汇:表达冷漠的词汇和词组
每日雅思词汇:雅思合成词组
每日雅思词汇:"眼"中的词汇
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