Social Responsibility of Business: Meaning & Importance
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Social responsibility is said to be an obligation of business that they owe to the society, economy and the environment in exchange of the business they are allowed to operate. It means doing ethical practices that go beyond profit-making. It adds the element of accountability towards various stakeholders, for example, community at large, customers of the business, employees of the company and the planet overall.
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LETS DISKUSS
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