The Dark Shadow Shrine

embrace the darkness; that you may see the light nestled within it......

Tuesday, October 14, 2014

Shopping with a social purpose

Note how the local example below can be used for and against the prelim qn below. One can argue that businesses can differentiate themselves from others by branding themselves along social and environmental causes (this is exactly what social enterprises are doing). But such a move can be argued to be ultimately for profits.
Note also that as consumers, we have the power to effect change too. As mentioned by Tangs Chairman in the article, they are imply 'going along with where the society is moving'. As consumers, we can vote through our wallets at the cashier counter to pressure businesses to go for the 'Triple P' bottomline (i.e. People, Planet and Profit) instead of just aiming for one P (i.e. Profit) alone.


Qn:
1. 'Obsession with profit should no longer be the driving force for businesses.' Discuss. (ACJC Prelim 2014)
2. Is it possible for businesses to do well and at the same time do good? (VJC Prelim 2014)