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Define the concept of social responsibility. - Organisation of Commerce and Management

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प्रश्न

Define the concept of social responsibility.

संक्षेप में उत्तर
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उत्तर

Concept of Social Responsibility:

Social responsibility of business refers to its obligation to make those decisions and perform those actions which are desirable in terms of the objectives and values of our society. So, all the activities of the business should be performed in such a manner that they will not harm any part of society rather they will protect and contribute to the interest of society.

Definitions:

Howard D. Bowen - 'Social Responsibility is to pursue those policies to make those decisions, or to follow those lines of action which are desirable in terms of the objectives and values of our society.'
The concept of social responsibility has been followed in India since ancient times. Philosophers like Chanakya from India and pre-Christians era philosophers in the west preached and promoted ethical principles while doing business.
In other words, social responsibility involves an element of voluntary action on the part of business people for the benefit of society.

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अध्याय 6: Social Responsibilities of Business - Exercise [पृष्ठ १३२]

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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 7. 2) a. | पृष्ठ १३२

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

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


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


Fulfillment of social responsibility shows _________ image of the organisation .


Write a word or phrase or a term which can substitute  the following.
The newest management strategy about social obligations of business.


Write short note on the following.
Corporate social responsibility.


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


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


Discuss the guidelines enumerated by the Companies Act 2013 for Corporate Social Responsibility.


For economic growth and national security ______ stability is required.


______ 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

Explain the following term/concept.

Concept of Trusteeship


What is corporate social responsibility?


Select the correct option.

(responsibilities towards shareholders, responsibilities towards consumers, responsibilities towards government, responsibilities towards society, responsibilities towards owners)

Group A  Group B
A. After Sales Service _______________
B. ______________ timely payment of taxes
C. protest anti-social activities _______________
D. fair practices on stock exchange _______________
E. _____________ Reasonable profit

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?


Give one word or phrase for the following sentence:

Who propounded the concept of trusteeship?


Explain the following term/concept in detail:

Globalisation


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