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Social Responsibility In The Life Is Good Video

343 Words2 Pages

Business organizations operate for the benefit of generating revenue for their share/stakeholders, but very often during this process they forget that it is obligatory for them to be equally beneficial for the society as well. Social responsibility refers to the obligation of a business to act according to the objectives and values that are desirable in a society. It defers from the term legal responsibility, this is because legal responsibility may be fulfilled by mere compliance with the law, while social responsibility involves an element of voluntary action for the benefit of society. The Life is Good video demonstrated how the leaders in the organization uses social responsibility as the driving force that inspire them to be involve

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