The only responsibility of corporate executives, provided they stay within the law

[Zhaoemma]

Is the only responsibility of corporate executives is to make as much money as possible for their companies, as long as they stay within the law? The speaker seems concludes too hastily. However, I strongly agree that the responsibility of executives of corporations are far more sophisticated than that.To be a successful executive, he must be responsible for his consumers and make a contribution for his country and thus build a good image for his company.

In the first place, a qualified executive must keep a good conscience for his customers, especially when there is some flaw in the law. The realm of business is developing in a rapid pace, as a result of which, the law to regulate them are always out of date. At such time, the executive of a company should be aware that the company should guarantee the quality of their commodities, instead of taking advantage of the chance to cheat their consumers.Take the shopping on line business, for instance.Even though the system of regulating this kind of business is not well developed, the companies should value their goods of high quality over how to make the most money.

In addition, a corporate executive should attach significance on the image of their company and make a contribution to his country. The prosperity of a certain company cannot live without the assistance of his government who provides them the great financial circumstance. Moreover, as Kennedy once said,and I paradise," ask not what your country do for you, but what have you done for your country." A good executive should pay his country back when he successes. Take LiNing who is one of the most successful business man in China, for instance. China came across the catastrophic earthquake in the year of 2008 in Sichuan province,as a result of which, the whole country were in serious demand of money. LiNing, as the executive of his company made a donation of 200000 dollars to help those victims and released part of the pressure on the government and undoubtedly earned his company a fantastic reputation. Therefore, as an executive, not only should he pay attention to the profit he makes,but more importantly, the image of his company and the possible contribution he can make for his country.

Admittedly,profit is fundamental to a company. Making much money is an imperative of the executive, for the reason that without making enough money, all the previous responsibilities cannot be performed. How could a firm be responsible for his costumer when the company can not even afford his cost. Never could a company contributes to his country, when it is a failure, on account that when that happens, the first thing a company could do is to be responsible for his employees and save the business.However, as I discussed above,it is an indispensable task to make money while fails to be the only one.

To sum up, the responsibilities of executives are complicated,say, the protection of the consumers’ benefit and the contribution made to their country,which is far more than just making profit.

[Torsten]

Is the only responsibility of business managers to make as much money as possible for their company as long as they abide by the law? To be a successful manager, he must be responsible for his customers and contribute to his country, thus building a good image for his company.

First and foremost, a qualified manager must have a good conscience towards his customers, especially if there is a mistake in the law. The business world is developing at a rapid pace, so the laws that regulate it are always out of date. Even if the system of regulating this kind of business is not well developed, companies should value their goods of high quality over the possibility of making the most money.

In addition, a business leader should value the image of his company and contribute to his country. The prosperity of a certain company cannot live without the support of its government, which provides it with the great financial circumstances. Moreover, as Kennedy once said, and this is my paradise, “ask not what your country has done for you, but what you have done for your country.” A good leader should repay their country when they succeed. Take LiNing, one of the most successful businessmen in China, for example. In 2008, China was hit by a catastrophic earthquake in Sichuan Province, leaving the entire country strapped for cash. LiNing, the CEO of his company, donated $200,000 to the victims, taking some of the pressure off the government and undoubtedly giving his company a stellar reputation. As a leader, he should therefore pay attention not only to the profit he makes, but more importantly to the image of his company and the potential contribution he can make to his country.

Admittedly, profit is of fundamental importance to a company. Making a lot of money is a business leader’s imperative, because without making enough money, all other tasks cannot be accomplished. How can a company be responsible for its customers if it cannot even afford its costs? Never could a company contribute to its country if it fails, because if that happens, the first thing a company could do is to be responsible for its employees and save the company, but as I discussed above, making money is an indispensable task, but not the only one.

In summary, the responsibilities of managers are complicated, such as protecting the benefits for consumers and the contribution they make to their country, which is much more than just making profit.