What is the concept of social responsibility?

[Juhi Garg]

What is the concept of social responsibility?

[Juhi Garg]

Answer – The social responsibility is the concept of incorporating the duties that a company has towards the society and the environment in the market and it is the duty of the business entity to look forward the needs and the requirements of the society like providing them with the employment opportunities and taking some actions to sustain the environment and making the environment less polluted and using the natural resources in such a manner that the needs and requirements of the future generation do not get affected by the workings of the business entity that they practice on a daily basis. It is the responsibility of all the companies to look forward for the society in which they operate and it has been made mandatory by the various governments of the different countries that it is necessary and to help the weaker sections of the society where the companies should also focus and help them to grow and increase their standard of living. The companies can take various actions to solve the problems of society like the companies can regularly donate some amount of money in the charity and can provide the employment opportunities to the unemployed peoples out of the weaker section of society and can incorporate the ethical practices in the business and its related practices and can also contribute in making the environment more greener and more clean and all other activities like connecting to the non profit organizations or orphanages and help the poorer section of society to rise and grow. All these responsibilities lie on the shoulders of the companies and the business entities operating in the business society and in the market in which the business operations and it is the responsibility of all the organizations to serve to the society and to take disciplinary actions toward the society and our environment.

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