Business Finance
Write a definition of the term “social responsibility” drawing upon several sources.

Question Description

Find an article describing a corporate action that was legal, but not socially responsible, according to the definition you created. Analyze the corporate action and explain in your own words how the action was legal but not socially responsible.

NOTE: In your response, use only authored websites, academic journals, and professional journals, such as BusinessWeek or The Wall Street Journal. Include the sources that you reviewed to create your definition and the source of the corporate action you analyzed.

Final Answer

Hello buddy, here is the final paper. Let me know what you think. Thank you

Running Head: SOCIAL RESPONSIBILITY

Social responsibility
Student Name
Institutional Affiliation

1

SOCIAL RESPONSIBILITY

2

Social responsibility is the obligation based on ethical practices that dictate a company to
work towards benefiting a society where it is located as it conducts its business. Schwartz (2017)
illustrates that it is somehow like finding a balance between what is best for the ecosystem while
you work towards economic goals. Companies use social responsibility to attract clients in the
community as well. When a community feels that a company is giving back to them, they both
foster a coexisting mutual relationship that benefits the two.
In Volkswagen’s case, the car manufacturer had knowingly avoided following t...

Juniper (16389)
University of Virginia

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