SOCIAL RESPONSIBILITY

IN BUSINESSBy

Qasim patan

Anthony vimalan

Job Ebenezer

What is social responsibility

Social responsibility is an ethical or theory that an entity, be it an organization or individual, has an obligation to act to benefit society at large.

Social responsibility is a duty every individual or organization has to perform so as to maintain a balance between the economy and the ecosystem.

Types of social responsibilities

Towards employees Towards customers Towards share holder Towards the government Towards the society

Disadvantage is CSR

Companies serve as vital economic links in society, providing jobs for their employees, paying business taxes and producing goods and services that consumers can choose to purchase. But many companies also have a social function, pursuing voluntary activities in an attempt to enhance their images or better their communities. Corporate social responsibility, or CSR, can cause some problems unless businesses undertake it with care and planning.

some of the social responsible companies in India

Conclusion

After following all these responsibilities the organsation will not only benefit the society or nation but they will earn profit for their organsation by helping employees and fulfilling their basic need.