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"The only social responsibility of a company is to deliver profit to its shareholders".
Social responsibility is the obligation of a company, organization, or other such large, organized bodies to be involved in the community's welfare and interests.
social responsibility
Social responsiveness is a company's response to stakeholders' demands for socially responsible behavior. There are four social responsiveness strategies. When a company uses a reactive strategy, it denies responsibility for a problem. When it uses a defensive strategy, it takes responsibility for a problem but does the minimum required to solve it. When a company uses an accommodative strategy, it accepts responsibility for problems and does all that society expects to solve them. Finally, when a company uses a proactive strategy, it does much more than expected to solve social responsibility problems.
Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable to itself, its stakeholders, and the public.
Giving to charity is one way they might be, but it alone does not make them a socially responsible company.
To sole any prblems u have
to maintain an image of company towards society
its workforce
demerits of social responsibility
Harvard's definition of corporate social responsibility is a strategic plan. Harvard's vision is not only focused on how much profit the company makes, but how they make it as well.
help me to know the scope of social responsibility