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Social Responsibility of Business Organizations

Because of the limitations of the government in mobilizing resources for development and the magnitude of problems facing India, the role of business organizations in helping the government and society in which they operate to alleviate the country's problems has assumed great importance. This can be done by making business organizations responsible to society through social audit. Being innovators in the chosen fields in which they operate they are best equipped for this role. This paper analyses the mode of working of business organizations in the area of social responsibility.