'Planet, People and Profits'

'Recently, whether businesses should have tender accountability has c each(prenominal) on a disputable issue in the worldwide. There is no denying that the significance of differentiating products and go to stand pop expose in a crowded mart for the sake of maximise the avail. However, Corporate brotherly Responsibility (CSR) which has becomes a fashion close to the world outlined as the volunteer(prenominal) commitment by business to carry away its activities in a responsible way1. For me, it is a good estimation for corporations to practice genial responsibility on planet, people, not just on profit.\nTo approach with, have you seen a red logo written as Caring caller-up on both(prenominal) leaflets or composition websites? It is a proposal that embodies a finish of genuine lovingness through actions and workings at all levels of its organization and appreciates the brilliance of giving brook to the local communities they serve2. gibe to the statistic, a add of 2,768 companies were recognized forward this year in Hong Kong3. The number makes it befool that giving to the companionship has taken a high precedence in bodily decision- making. To put the issuance only if, about 2800 companies could verbalise their responsibilities in 2014, I firmly conceptualize that giving spikelet to the society is no longer a handicap to the companies. Therefore, profit is hardly to be an excuse and responsibility is likely to be a apparent movement in business.\nFurthermore, businesses could make up their profits by make a social or environmental balance through their decisions. why should business disquiet about CSR, simply because their customers do. A analyze conducted by Landor Associates4, the stigmatisation company, found that 77% of consumers say it is grand for companies to be socially responsible. In addition, Milton Friedman, the economist and Nobel laureate, written an condition in The cutting York Times clip in 1970 t itled, The companionable Responsibility of traffic Is to Increase Its Profits. 5He pointed out that invol... '