Student’s Name Professor’s Name Course Title Date Chapter 2 Corporate Social Responsibility A company’s upholding of social responsibility involves some costs. A business firm is also part of the community. As such, there are specific utilities and services that the company, just like the citizens, require, and that is where the cost in upholding social responsibility is incurred. These are such as roads, sewage systems, protection against fire, and many more. Seeing as they are part of the community, firms are also required to fund these services, and they do so using taxes. The cost of not having corporate responsibility falls back on a firm, in terms of losses. A business organization usually requires some social license for it to