Name and explain the relationship between triple bottom line and social responsibility
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Another theory of corporate social responsibility is triple bottom line. Triple bottom line mainly focuses on sustainability. Corporate Social responsibility falls into other four groups.Both sustainability and responsibilities are required equally. They are equal at the same time. Without sustainability, there will be no responsibility.
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▶The theory behind the triple bottom line is that it is in the interests of a business to act as a steward of the environment, society and the economy.
▶Corporate Social Responsibility (CSR) is used to describe businesses' integration of social and environmental issues into decisions, goals, and operations.
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