You should spend about 40 minutes on this task.
Present a written argument to an educated reader with no specialist knowledge of the following topic:
Do you agree or disagree with the following statement?
Businesses should do anything they can to make a profit.
Use specific reasons and examples to support your position.
Model Answer 1:
I do not agree with the statement that businesses should do anything they can to make a profit. I state my opinion on the following points. First of all, every company must have its moral code. It means that a company should treat its clients properly and respect their rights.
Of cause a company may lose a part of its profit but the security of its clients must be in the first place. Otherwise, clients will switch to another company and never be back. For instance, a few years ago “Jonson & Jonson” produced a new type of painkillers. Unfortunately, this product was not tested properly. As a result of this, many people died and received injuries. The president of the company made a crucial decision to call back all painkillers from all distributors and pay to all injured customers for their treatment. It cost a lot of money for the company but it saved its image and clients. It was a very difficult decision, but the president of the company understood that it would cost him even more in the future because he would not be able to return clients’ respect. Losing customers means for a company losing its profit.
Second of all, in order to succeed in the modern world companies have to compete with each other. Many companies lose their profit decreasing prices on their products. They do not aspire for extra profit but for clients’ satisfaction. Companies do it because they want their products sold and their customers satisfied. They offer discounts, free delivery, free service, free Internet access, good return service, etc. All these are done to make their old customers happy and attract new clients.
To sum up, I think a company, which the only goal is profit will not succeed nowadays. Otherwise, companies that respect their clients and want to see them satisfied will make a fortune.
Model Answer 2:
It is believed that businesses people should use any kinds of ways in generating profit. I strongly disagree with the statement, as there should be some regulations and policies that business people should follow and the following essay will discuss it in details about it.
To begin with, if business people are allowed to do anything they like in generating profits, then there would be a serious threat to the environment. Many companies and corporations are building projects based on their commercial senses, without assessing the impact of them to the surrounding areas. In many cases, there were a lot of energy companies that had demolished forest areas, which were the home to various kinds of endangered animals. Should there be no restrictions on these companies, the world will gradually lose its’ biodiversities.
And then, it is obvious that there should be a code of ethics and regulations in doing business. They are important for protecting customers from any inappropriate acts of business owners. It has been reported that in order to save production costs and to increase profit margins, a lot of manufacturing companies have used dangerous ingredients as a part of their production process. And then, some companies were hiring labours which were below the standard age and compensated them with minimum salary to reduce labour costs. These unhealthy practices would be a serious threat to many societies and communities.
In conclusion, I personally disagree if people could do anything to make their business profit. Without the existences of business restrictions, law and policies, then it would generate a devastating problem for mankind, such as deforestation and human trafficking.
[ Written by – Darwin Lesmana ]