Social responsibility is the persistent dedication by commercial entities to conducting themselves and their processes ethically to ensure that they continue contributing their economic growth while also enhancing the lives of their local communities, families, and workforces concurrently. Regarding the corporate world, social responsibility is a distinct management approach that businesses employ to develop positive effects on given societies while growing own profits. Social responsibility is a moral framework that suggests that individuals, organizations, and businesses are obliged to conduct themselves and their processes in ways that are beneficial to their larger society and the world. It is a role, or duty that all individuals, businesses, and organizations have to execute in efforts aimed at maintaining equilibrium between given ecosystems and the corresponding economies.
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