ENTREPRENEURSHIP

Detailed explanation-1: -Social responsibility is an ethical theory in which individuals are accountable for fulfilling their civic duty, and the actions of an individual must benefit the whole of society. In this way, there must be a balance between economic growth and the welfare of society and the environment.

Detailed explanation-2: -Social responsibility is linked to personal accountability and refers to the attitudes of responsible citizens and organisations that consider the impacts of their actions on the wider community.

Detailed explanation-3: -Social responsibility refers to an individual or corporate accountability to fulfill their civic duty and take actions that will benefit society.

Detailed explanation-4: -Social responsibility includes all the deliberate acts of the business enterprise, its responsibilities towards society and environment, and its moral obligations.

Detailed explanation-5: -Social responsibility is broader than legal responsibility. It is a firm’s recognition of social obligations even though not covered by law, along with the obligations laid down by law.