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What is Social Responsibility?

Social responsibility is the ethical framework that suggests an entity, be it an individual or organization, has an obligation to act for the benefit of society at large. It involves considering the social impact of decisions and actions. Companies practicing social responsibility engage in activities that promote social well-being, such as community development, fair labor practices, and philanthropy. Social responsibility enhances a company’s reputation and stakeholder relationships. It is integral to sustainable business practices. Social responsibility aligns corporate goals with societal values.

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