Q.2. Why is it in the long term interest of a business enterprise to assume social responsibility?

Dear Student,

- Giving due consideration to the welfare of the society and serving the various members of that society can help a business gain maximum profits in the long run. 

Also, can refer the study material at https://www.meritnation.com/cbse/class11-commerce/revision-notes/business-studies/business-studies/social-responsibilities-of-business-and-business-ethics/1161_5369

Regards,

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