View the video The Social Responsibility of Business $|$ Alex Edmans $|$ TEDxLondonBusinessSchoolLinks to an external site.. This video defines corporate social responsibility $($CSR$)$ and debates the purpose of business as well as the pros and cons of CSR$.$

In the video, Alex Edmans asks, $$Why do businesses exist, to earn profit $($shareholders$)$ or to serve a purpose to society $($customer$,$ employee, and environment$)?$ Address the following:

Explain what answer he came to and why.

Next, discuss the approach human resource management should take toward organizational social responsibility.

Finally, cite one real$-$life example of a company implementing social responsibility that is not mentioned in the video or the course textbook. Be sure to be factual and to fully support your answer.