Corporate Social Responsibility (CSR) makes companies more profitable and sustainable.
Answer: Corporate social responsibility is based on the principle that business will only thrive if it operates within the thriving society. Thus, it means business operates within the community and has moral and ethical responsibility towards that community.
- Further, a business is perceived as ‘legitimate’ when its activities are consequent with the goals and values of her society. Moreover, companies that do not pay much attention to its social and ethical responsibility are much likely to involve in legal trouble like corruption, frauds, scandal which can threaten the sustainability of business in long run.
- The objective of corporate social responsibility ....
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General Studies Mains Questions And Answers
- 1 Digital transformation holds immense potential for bringing about rapid socio-economic development of rural India. Discuss.
- 2 Discuss the contribution of moderates in the Indian freedom movement by describing the various methods adopted by them.
- 3 Give an account of the evolution of the relationship between the British power and the Indian princely states during the British rule, mentioning the key developments.
- 4 Describing the importance of big dams in India, throw light on the problems associated with them. Discuss the efforts made for dam safety in the country.
- 5 Urbanization is a double-edged sword for women. Discuss the challenges faced by women in cities and describe the measures to overcome them.
- 6 What is the Model Code of Conduct? Describe the importance and challenges of Model Code of Conduct.
- 7 Discuss the functions and role of the Election Commission of India. How does the Election Commission ensure free and fair elections in India?
- 8 BIMSTEC is an important organization to strengthen India's position in South-East Asia. Mention the major obstacles to the integration of BIMSTEC.
- 9 India and the US have agreed to move forward in the field of space cooperation. Discuss the limiting factors in the path of space cooperation between the two countries and suggest ways to solve them.
- 10 The Nuclear Non-Proliferation Treaty is considered important to prevent the spread of nuclear weapons; yet India is opposed to this treaty. Explain.
