Discuss Social Responsible of a business, Research, define and discuss social responsibility, what it means, and its role in business.

Social responsibility is an ethical framework which suggests that individuals, organizations and businesses have an obligation to act for the benefit of society at large. This involves taking into consideration any potential impacts their actions may have on environment, people or communities around them before making any decisions. It also requires ensuring activities are conducted in a fair and equitable manner while striving towards achieving sustainable development over time.

When it comes down to its role in business, social responsibility entails organizational efforts not only maximize profits but also actively ensure positive contributions made company’s stakeholders such as customers, employees and local communities being served by it. This can play critical part successful strategies since not only does this help companies build better relationships with those involved but also helps boost their reputation thus providing additional benefits further down line.

Overall, social responsibility should be taken seriously by all businesses since failure do so could lead them into legal trouble while at same time affecting overall productivity thus making it important that adequate policies procedures put place order handle these types of issues appropriately when they arise.