Write a note on Corporate Social Responsibility (CSR).
Corporate Social Responsibility (CSR) refers to the ethical obligation of businesses to contribute positively to society while conducting their operations. Within the framework of applied ethics, CSR encompasses principles that go beyond profit-making to include social, environmental, and economic responsibilities. It demands that corporations consider the impact of their actions on all stakeholders—not just shareholders but also employees, customers, communities, and the environment.
In applied ethics, CSR is grounded in various ethical theories such as utilitarianism, deontology, and virtue ethics. A utilitarian perspective justifies CSR by emphasizing the maximization of overall well-being; corporations are encouraged to act in
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