What do you mean by social responsibility?

Open in App

Solution

Social responsibility implies that people and organizations have an obligation to act to the greatest advantage of their current circumstances and society overall. Set forth plainly, being socially dependable is a simply acceptable business practice, and an inability to do as such can deleteriously affect the accounting report.

Suggest Corrections

Similar questions

What do you understand by social responsibility of business? How is it different from legal responsibility?

What do you mean by discretionary responsibility?

What do you understand by Social Responsiblity of business? How is it different from legal responsibility.

Social responsibility leads to better opportunities for doing business.

Join BYJU'S Learning Program