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What is the correct relationship between profit and social responsibility?

Answer and explanation

Correct answer: A business can earn profit while being responsible toward society

A business depends on society for customers, employees, resources, and public infrastructure, so responsible conduct is important. Fair dealing, legal compliance, safe products, environmental care, and honest employment practices can support trust and long-term profitability. Option A is correct. Social responsibility is broader than charity, and harming society is neither necessary nor sustainable for profit.

Related tags

Social-ResponsibilityProfitConcept Of Social ResponsibilitySocial Responsibilities Of Business And Business EthicsBusiness StudiesClass 11 Mcq

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