Simply put, "social responsibility" refers to a company's duty to work for admirable long-term objectives for its employees and society at large.
I've seen a lot of prosperous businesses today that use social responsibility as a means to give back to society and express gratitude to customers. This can take the form of initiatives, movements, or the empowerment of people. Whatever form these corporate initiatives take, they are unquestionably successful for the business and the community. I've also noticed that certain businesses are taking the initiative and entering into humanitarian programs that range from building roads to eradicating poverty.
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