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Write short notes on the following. Corporate social responsibility.

Write short notes on the following.

Corporate social responsibility.

Answer: 

Corporate social responsibility is the latest strategy of management that aims at creating a positive impact of business on society by indulging in social welfare activities like planting trees, providing free education and donating clothes. Society supports the existence of any business; therefore, it is the responsibility of business organisations to think and contribute towards the welfare of the society.