Answer:
The given question relates to the fundamental theory of corporate social responsibility. In simple words, corporate social accountability is primarily about the company reimbursing for its impact on the surroundings as well as on the society. Businesses who incorporate CSR through their activities should expect a strong monetary performance on their expenditures.
Being a socially conscious organisation will improve the reputation of a business and create its own identity. Social accountability empowers workers to use the organisational tools at their fingertips to do better. Structured corporate social management initiatives will improve staff engagement and enhance the efficiency of the workforce.