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Social Responsibility of Business

Social Responsibility of Business



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Published by Avayant Kumar Singh
corporate Governace Ethics and Values....
corporate Governace Ethics and Values....

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Categories:Types, School Work
Published by: Avayant Kumar Singh on Mar 20, 2010
Copyright:Attribution Non-commercial


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Social Responsibility of Business
Business is an integral part of society. Businessaffects and is affected by the society. The twoway relationship must be healthy and positive for the social and economic development of acountry. For the business to contribute to thedevelopment of the society it is important that thebusiness practices are honest, fair andtransparent.
orporate social Responsibility
There is a two way relationship between businessand society. Business affects the differentsegments of society and is affected by them. Thedifferent segment are also know as µpublics¶ or µstakeholders¶ with which it deals directly or indirectly and which have direct or indirect stakein the business. The segments are both internaland external.

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