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Social Responsibilities of Business and Business Ethics — Business Studies STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceBusiness StudiesSocial Responsibilities of Business and Business Ethics1 Mark
Question
What is the reality of social responsibilities?
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Answer

In reality, social responsibility takes form of lip service only. There is no genuine effort on behalf of a business. Many a time firms play their legal roles in the name of social responsibility.

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