The concept of CSR focuses on the idea that beyond making profits, a business has a social obligation to produce an overall positive impact on the society by fulfilling the needs of employees, consumers, community & society as a whole. Besides making profits & being answerable to shareholders; organization are also responsible towards its stakeholders like investors, creditors, government, competitors, etc.
In short, CSR is achieving commercial success in ways that honour ethical values & respect people, communities & the natural environment.
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