The provision of scholarship by a firm to needy students is part of its?

The provision of scholarships by a firm to needy students is part of its social responsibility. Social responsibility refers to a company's obligation to act in ways that benefit society and contribute to its well-being. Providing scholarships to needy students is a way for a company to invest in the education and development of the community and future workforce. It also helps to reduce educational inequalities and improve access to opportunities for those who might not have the financial means to pursue higher education.