Question

.Choose the below statement is true or false:
1. A business house that concentrates only on personal gains at the cost of social interests cannot survive for long.​

Answer 1

Answer:

I can explain it to me and I will be there at a time and to rectangle we are going to be there at a time and then I will be there at a time and then I will be there at a time and

Answer 2

Answer:

The given statement " A business house that concentrates only on personal gains at the cost of social interests cannot survive for long.'' is True.

Explanation:

The given statement is 'A business house that concentrates only on personal gains at the cost of social interests cannot survive for long.'​

• This statement is a concept of CSR that is ''Corporate Social Responsibility.''
• Corporate social responsibility is a concept in management that encourages businesses to incorporate social and environmental issues into their everyday operations and relationships with stakeholders.
• CSR is typically thought of as the process through which a business strikes a balance between economic, environmental, and social imperatives while also meeting the expectations of shareholders and stakeholders.

A business that concentrates not only on personal profits but also keep in mind the social interest and for the benefits of others can survive longer with more profits. The business should work on his gain along with the contribution to social welfare.

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