This essay explores the concept of Corporate Social Responsibility (CSR) by examining its broad and narrow perspectives. The narrow or classical view emphasizes that a business's primary responsibility is to maximize profit, contributing to economic growth. Conversely, the broad view focuses on socio-economic growth, urging businesses to address societal and environmental issues. Contemporary organizations are increasingly expected to contribute to the planet and mitigate the adverse effects of their operations, balancing profitability with social and environmental responsibility. The essay concludes that organizations should consider both perspectives when implementing CSR strategies to achieve sustainability and a competitive advantage. Desklib offers a platform for students to access similar essays and solved assignments for academic support.