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Social Responsibility: Good for Business Corporate Social Responsibility (CSR) is very important to the success of business ventures. Although, CSR is not required when conducting business, it is much more beneficial to adopt values and morals than to abandon ethical responsibilities. The concept of social responsibility does not just include following government laws and regulations or charitable contributions. It includes going above and beyond the bare minimum that the government requires. Businesses should actively participate in the social affairs where the needs of the stakeholders should be considered. These needs could range from economic concerns to societal and environmental issues. CSR has the ability to strengthen a company by building a loyal consumer following. It can mean the difference between long-term success and failure. A slight miscalculation of key social and economical issues could result in ruined reputations, damaged financial integrity and injured relationships with customers and stockholders....

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