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“Corporate Social Responsibility is outside the scope of
Business houses”. Explain why you agree or disagree with
this statement

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.

Is This Answer Correct ?    11 Yes 4 No



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