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Scope of social responsibility of business Earlier, we discussed the introduction of the social responsibility of business. In this starting article, we tried to grasp the basic understanding of its concept. Now as a continuation to this series let's discuss further.The scope of social responsibility of business mainly covers its obligations or duties towards four social groups.These are as

Social responsibility of business The social responsibility of business means various obligations or responsibilities or duties that a business-organization has towards the society within which it exists and operates from.Generally, the social responsibility of business comprises of certain duties towards entities, which are depicted and listed below.Shareholders or investors who contribute funds