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Answer the Following Question. What is Social Responsibility? Explain Modern Concept of Social Responsibility. - Organisation of Commerce and Management

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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

Any ‘five cases’ (needs) of social responsibilities of business.


Commercial organisations have different types of social responsibilities.


Choose the correct option for the following:
Social responsibility is


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?


Discuss the forces which are responsible for increasing concern of business enterprises towards social responsibility.


The media does not play important role in public life.


Social responsibility is broader than ______ responsibility.


______ should be fixed according to the nature and importance of work.


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

Answer in one sentence.

What type of advertising should be avoided?


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.

The Stakeholders of Socially Responsible business units are except ______


Choose the Correct Answer.

Assuming Social Responsibility of business helps the enterprise in ______


Choose the Correct Answer.

Social Responsibility towards employees represents the following except ______


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


Explain in detail the concept and need for Social Responsibility?


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