Social responsibility in business
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Transcript of Social responsibility in business
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SOCIAL RESPONSIBILITY
IN BUSINESSBy
Qasim patan
Anthony vimalan
Job Ebenezer
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What is social responsibility
Social responsibility is an ethical or theory that an entity, be it an organization or individual, has an obligation to act to benefit society at large.
Social responsibility is a duty every individual or organization has to perform so as to maintain a balance between the economy and the ecosystem.
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Types of social responsibilities
Towards employees Towards customers Towards share holder Towards the government Towards the society
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Disadvantage is CSR
Companies serve as vital economic links in society, providing jobs for their employees, paying business taxes and producing goods and services that consumers can choose to purchase. But many companies also have a social function, pursuing voluntary activities in an attempt to enhance their images or better their communities. Corporate social responsibility, or CSR, can cause some problems unless businesses undertake it with care and planning.
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some of the social responsible companies in India
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Conclusion
After following all these responsibilities the organsation will not only benefit the society or nation but they will earn profit for their organsation by helping employees and fulfilling their basic need.
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