Question
There is a group discussion taking place in class XI regarding the fact that in
recent years, CSR or Corporate Social Responsibility has become the latest buzzword among the companies. Ravi feels that a business should be socially responsible towards the society it exists in. He suggested that the practice of the corporate in giving back to society in the form of programmes that benefit the less privileged members of society is essential. Corporate can take the form of outreach programmes that adopt schools, communities etc. and provide funds for their upkeep as well as promote socially conscious business practices that lead to the betterment of society. While Rajiv is against Corporate Social Responsibility as basic objective of a business is to earn project.
As a student of Business studies, whom do you think, you will favour? Give reasons in respect of your opinion.
recent years, CSR or Corporate Social Responsibility has become the latest buzzword among the companies. Ravi feels that a business should be socially responsible towards the society it exists in. He suggested that the practice of the corporate in giving back to society in the form of programmes that benefit the less privileged members of society is essential. Corporate can take the form of outreach programmes that adopt schools, communities etc. and provide funds for their upkeep as well as promote socially conscious business practices that lead to the betterment of society. While Rajiv is against Corporate Social Responsibility as basic objective of a business is to earn project.
As a student of Business studies, whom do you think, you will favour? Give reasons in respect of your opinion.