Traditional social Responsibility Corporate social Responsibility

Sr.
No.
Basis of Difference
Traditional social Responsibility
Corporate social Responsibility

1.
Meaning
It refers to help poor people through profit made by business.
It refers to commitment business to contribute economic development.

2.
Evolution
It is evolved in ancient India and Pre-Christian Era.
It is evolved after World War II.

3.
Concept
It has Philanthropic concept.
It refers to ethical, legal and economic concept also.

4.
scope
It is restricted at individual level.
It considers economy as a whole.

5.
type
It is primitive a narrow approach. It has not considered intangible goals.
It is global and wider approach. It has considered tangible as well as intangible goals.