“Corporate Social Responsibility is outside the scope of
Business houses”. Explain why you agree or disagree with
this statement
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Answer Posted / skanda
Corporate Social Responsibility is not outside the scope of
Business Houses, infact the term itself states - its
responsibility of the Corporate to be Socialy aware and
contribute to the welfare of the society.
Besides - Mere Profit maximization is not only objective -
it involves Wealth Maximization also.
As such - there is suttle difference b/w the 2 concepts.
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