Unit 1: Introduction of CSR

An organization is a system with an objective of attaining social or economic end through legal means and by being socially responsible.  This introduces the concept of Corporate Social Responsibility (CSR) in which organizations and corporations create wealth from the society, and share the profits with it too. It is a responsibility which must be fulfilled by corporations in light of changing regulations hence it becomes important to understand the concept, philosophy, implementation, challenges and future scope of CSR through this preparatory material.