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Thread: Which comes first: social responsibility or profit?

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[quote=ERENCIUS,248425]"Definitely, the profit is the priority. Without profit, how can they survive? If they can not survive, how can they fulfill their social responsibilities?"

This is a good example of short-sighted behaviour. Social responsability shall come first since most of the time it is not so expensive that you ll have to reduce your profit drastically. This is the difference between a profitable company and a commercial nonesense. The first thing a company director must think is in which market will I find a niche? Here in Yvonne's example the market is the kids toys: this market is ruled by many rules you have to respect since kids are special consumers.
They need more protection and more safety. Producing a product without thinking about the users of this product is pure nonesense, this is the result you just care profits.
In some cases, Europeans were responsible because they just determine the price they want to buy the product then the chinese companies do as they can. But ethic shall be more important than just money.
Unless you want to finish like the CEO (i guess it was his position) that committed suicide because of this toy problem since he feared justice, you shall first take care of social responsablities if you dont want yours to be questionned in front of a court...[/quote]

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