Question

social responsibility of business​

Answer 1

Answer:

Social Responsibility of a Business-

It is the idea that businesses should balance profit-making activities with activities that benefit society; it involves developing businesses with a positive relationship with the society in which they operate.

Answer 2

Social Responsibility of a Business

It is the idea that businesses should balance profit-making activities with activities that benefit society; it involves developing businesses with a positive relationship with the society in which they operate.

The major areas of social responsibility of business are as follows: Responsibility towards shareholders or owners: A business enterprise has the responsibility to provide a fair return to the shareholders or owners on their capital investment and to ensure the safety of such investment.