Corporate Social Responsibility – CSR
It must be remembered that business of business is to generate wealth and not render a social service. This stigma attached to the word profit needs to be removed from the mind of all of us. No business discharge it’s social responsibility until it makes profit and generates wealth. On the other hand business must recognize that it uses social resources whilst carrying out its operations. It must there for not only preserves but improves the environment in which it operates.It must be remembered that business of business is to generate wealth and not render a social service. This stigma attached to the word profit needs to be removed from the mind of all of us. No business discharge it’s social responsibility until it makes profit and generates wealth. On the other hand business must recognize that it uses social resources whilst carrying out its operations. It must there for not only preserves but improves the environment in which it operates.
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