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Social responsibility is
  • a)
    Broader than legal responsibility
  • b)
    Same as legal responsibility
  • c)
    Narrower than legal responsibility
  • d)
    None of the options
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Social responsibility isa)Broader than legal responsibilityb)Same as l...
a) Broader than legal responsibility
Social responsibility refers to the ethical and moral obligations that businesses and organizations have to consider the impact of their actions on society and the environment. It involves going beyond simply complying with legal requirements and taking into account the broader impacts and implications of business decisions.

Social responsibility is therefore broader than legal responsibility, as it goes beyond simply meeting the minimum requirements set by laws and regulations and takes into account the broader social and ethical implications of business actions. Legal responsibility, on the other hand, refers specifically to the obligations and duties that are imposed on businesses and organizations by laws and regulations.

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Social responsibility isa)Broader than legal responsibilityb)Same as legal responsibilityc)Narrower than legal responsibilityd)None of the optionsCorrect answer is option 'A'. Can you explain this answer?
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