Social responsibility Social Sciences Essay Research (Essay Sample)

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Corporate Ethics
Businesses are increasingly engaging in practices that make them competitive and improve their performance matrices. Currently, social responsibility is one such area that companies are exploiting for their advantage. Social responsibility of an organization encompasses enhancing or contributing to the wellbeing of the community. Such obligations are diverse and are not limited to specific companies. The type of responsibility is limited to the outcome that a company seeks to achieve in engaging in the operation. However, these duties are not a must for companies and are limited to organizations that are seeking profitability, acceptance, or even maintaining standards. Therefore, there is social responsibility among companies.