Question

Write a word or phrase or a term which can substitute each one of the following.

The newest management strategy about social obligations of business.

Answer 1

The newest management strategy about social obligations of business- Corporate social responsibility

Explanation:
According to this newest strategy, business houses should not only focus on profits but also aim towards the welfare of the people. Fulfilment of social obligations by a business house helps it to earn goodwill, which, in turn, benefits the business in getting a greater market share.