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in Social Responsibility of Business and Business Ethics by (47.5k points)
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Why you do think Social Responsibility of business is needed?

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1. Self – Interest : A business unit can sustain in the market for a longer period only by assuming some social obligations. Normally businessmen recognise that they can succeed better by fulfilling the demands and aspirations of society.

2. Creation of Society : Business is a creation of society and uses the resources of society. Therefore, it should fulfil its obligations to society.

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