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Answer the Following Question. What is Social Responsibility? Explain Modern Concept of Social Responsibility.

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प्रश्न

Answer the following question.
What is social responsibility? Explain modern concept of social responsibility.

संक्षेप में उत्तर
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उत्तर

Social responsibility refers to the duties and responsibilities of business enterprises towards the society and its members. It is the duty of an enterprise to conduct activities that are favourable to the society. As any business makes use of society’s resources in the form of human and physical capital, it is the moral duty and responsibility of the business to work for the betterment of the society. The concept of social responsibility exists in India since ancient era; but, today the traditional
meaning of the term ‘social responsibility’ has evolved and grown into something more. Earlier social responsibility only constituted a philanthropic concept of helping the poor and society’s welfare. However, the modern concept of social responsibility includes various other aspects of social welfare such as dealing with ethical, legal and economic areas. It not only includes helping the weaker sections of the society but also to protect environment, adhere government laws, optimise the use of resources and undertake corporate social responsibilities.

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अध्याय 4: Social Responsibility of Business - Answer the following question. [पृष्ठ १२३]

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मायकल वाझ Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
अध्याय 4 Social Responsibility of Business
Answer the following question. | Q 2 | पृष्ठ १२३

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

Government has established _______ to settle consumers’ disputes by compromise.


Fulfillment of social responsibility shows _________ image of the organisation .


Commercial organisations have different types of social responsibilities.


Write a word or phrase or a term which can substitute the following.
Duties, obligations of business directed towards welfare to society.


Distinguish between the following.
Traditional social responsibility and corporate social responsibility.


Choose the correct option for the following:
Business people have the skills to solve


What do you understand by social responsibility of business? How is it different from legal responsibility?


Select the correct option.

(Responsibilities towards shareholders, responsibilities towards consumers,
Responsibilities towards the government, Responsibilities towards society)

Group A Group B
1) After-sales service ____________
2) Timely payment of proper taxes ____________
3) ____________ Protest Anti Social Activities
4) _____________ Fair practices on the stock exchange

Correct the underlined word and rewrite the sentence.
 Social responsibility is a narrower term than legal responsibility of business.


Correct the underlined word and rewrite the sentence.

 Moral values provide general guidelines for social conduct.


Explain the following term/concept.

Social responsibility


Define the concept of social responsibility.


Choose the Correct Answer.

Which type of Responsibility gives the benefit to the Society out of its profits earned?


Choose the Correct Answer.

Socially Responsible business provides goods at ______


What do you mean by Social Responsibility?


Enumerate the points relating to why business units are Socially Responsible?


Discuss the different groups that benefited from the Social Responsibility of business?


Legal responsibility is broader than the social responsibility of business.


Justify the following statement.

Social responsibility is necessary for the protection of the environment.


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