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Businessmen are trustees of society. - Organisation of Commerce and Management

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प्रश्न

Businessmen are trustees of society.

विकल्प

  • True

  • False

MCQ
सत्य या असत्य
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उत्तर

This statement is True.

Explanation:

The statement “Businessmen are Trustees of Society” is based on Mahatma Gandhi's Trusteeship philosophy. Based on this principle:

  • Business owners and industrialists should view themselves as trustees of the wealth and resources they manage.
  • They are expected to use these resources properly, not only for personal gain but also for the benefit of society.
  • This promotes ethical business activity, social responsibility, and inclusive development.
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अध्याय 6: Social Responsibilities of Business - Exercise [पृष्ठ १२९]

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बालभारती Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
अध्याय 6 Social Responsibilities of Business
Exercise | Q 1. (D) 1) | पृष्ठ १२९

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

Commercial organisations have different types of social responsibilities.


Business organisations have no social responsibilities.


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


Write a word or phrase or a term which can substitute the following.

Indian philosopher who had promoted concept of social responsibility in ancient times.


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


Write short note on the following.
Corporate social responsibility.


Choose the correct option for the following:
Social responsibility is


Build up argument for and against social responsibilities.


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


For economic growth and national security ______ stability is required.


Give one word/phrase/term for the following sentence.

Name the philosophy related to social responsibility propounded by Mahatma Gandhi.


Social responsibility is broader than the legal responsibility of business.


Explain the following term/concept.

Concept of Trusteeship


Study the following case/situation and express your opinion.

Yashwant Co. Ltd. is providing facilities for their female staff like a day care centre for kids and work from home facility. Even management takes their suggestions while taking the decisions, though they are members of the trade union.
  1. By doing this they are following social responsibilities towards which interest groups?
  2. What values are they presenting?
  3. What kind of responsibilities employer follows in the above case?

Study the following case/situation and express your opinion.

A vehicle manufacturing company has adopted the following practices.

  1. Only those components will be used by the company which is environment friendly.
  2. There will be a discharge of harmful wastes only after their proper treatment.
  3. The pollution level of every vehicle will be maintained as per international standards.
  1. by doing this, the business organisation follows social responsibility towards which interest group?
  2. What kind of pollution do they want to avoid?
  3. What kind of message do they want to convey?

Choose the Correct Answer.

The Stakeholders of Socially Responsible business units are except ______


Give one word or phrase for the following sentence:

Who propounded the concept of trusteeship?


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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