What is social responsibility?

Question

What is social responsibility?

Answer 1

• An obligation, beyond that required by the law and economics, for a firm to pursue long term goals that are good for society

• The continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as that of the local community and society at large

• About how a company manages its business process to produce an overall positive impact on society

Answer 2

That is a very deep and complex subject.  I will provide some quotes from folks that have addressed the question:

"Public opinion is a people's invincible armor"--Ludwig Boerne

Society does not exist for itself, but for the individual; and man goes into it, not to lose, but to find himself."--Phillips Brooks. and finally,

"Man like the generous vine, supported lives; the strength he gains is from the embrace he gives."--Alexander Pope