Social responsibility,in a general sense,is management's acceptance of the obligation to consider profit,consumer satisfaction,and societal well-being of equal value in evaluating the company's performance.

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Social responsibility in management involves balancing profit-making activities with activities that benefit society; it includes considering consumer satisfaction and societal well-being as equally important as financial performance in evaluating a company's overall success.

Social Responsibility,in a General Sense,is Management's Acceptance of the Obligation