Question

what do you understand by concept of social responsibility of business? To which section of social should business fulfill the responsibility

Answer 1

answer = business is a part of society so it has to fulfill some basic social objectives along with Eco. objectives i.e earning profit being socially responsible is an utmost important element to be acceptable in the society our society on prices of various segments which act as a F.O.P for business functioning so there is a more expectation in the form of being socially responsible.