The document discusses the concept of social responsibility of businesses. It defines social responsibility as a business's obligations towards society's welfare and minimizing negative impacts on stakeholders. There are four dimensions of social responsibility: legal, ethical, economic, and philanthropic. The legal dimension refers to complying with laws, the ethical dimension refers to societal norms and expectations, the economic dimension refers to how resources are distributed, and the philanthropic dimension refers to voluntary contributions to society through strategic philanthropy. The document also provides definitions of social responsibility from various authors and discusses forces like consumerism, public opinion, trade unionism, and trusteeship principle that increase businesses' concern for social responsibility.