Basis Difference – Corporate social Responsibility Traditional social Responsibility
Class 12th std- study note of Organization of Commerce and Management, difference between Corporate Social Responsibility and Traditional Social Responsibility, Study material, commerce notes,
|Corporate Social Responsibility
|Traditional Social Responsibility
|It refers to commitment business to contribute economic development.
|It refers to help poor people through profit made by business.
|It is evolved after World War II.
|It is evolved in ancient India and Pre-Christian Era.
|It considers economy as a whole.
|It is restricted at individual level.
|It refers to ethical, legal and economic concept also.
|It has Philanthropic concept.
|It is global and wider approach. It has considered tangible as well as intangible goals.
|It is primitive a narrow approach. It has not considered intangible goals.