Question: Organization only exist to make profits, not to do good deeds I am in agreement with this statement. The primary goal of any organization is
"Organization only exist to make profits, not to do good deeds"
I am in agreement with this statement. The primary goal of any organization is to increase shareholders wealth. According to theorist Milton Friedman, unless specified, a company has no social responsibility to the public or society. It's only responsibility is to its shareholders (Agabu, 2020). Though organizations may participate in ethical activities or be socially responsible in their society, Milton believes that these acts of good deeds are not out of morality, but self interest rather. When companies are being socially responsible, they do not go uncredited for their acts of kindness. Organizations accumulate recognition, new investors, new customers, etc. All these factors can positively impact the firms profitability, which is no coincidence since the goal is to maximize profit. Therefore, if one of the ways to increase profit is to be socially responsible, then organizations will do it. In conclusion , it is not from the moral conviction of the company that it decides to partake in corporate social responsibility, but the need to stay in business and continue making a profit, which propels it to engage in activities that are perceived to be socially desirable.
I'm seeking a opposing argument which will be used in a debate. it should be based on the title "Organization only exist to make profits, not to do good deeds", and should be disagreeing with the paragraph above. it is needed for a DEBATE, so please give examples, use a company like pepsi etc, please
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