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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.


State with reasons whether the following statements are True or False

Business organisations do not have various types of social responsibilities.


State with reasons, whether the following statement is True or False:

The business organisation has various types of social responsibilities.


Commercial organisations have different types of social responsibilities.


Write short note on the following.
Corporate social responsibility.


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


Choose the correct option for the following:
Social responsibility is


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


Social responsibility is broader than the legal responsibility of business.


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


Answer in one sentence.

What type of advertising should be avoided?


Correct the underlined word and rewrite the sentence.

Social values are based on perceptions of right or wrong.


Explain the following term/concept.

Concept of Trusteeship


Justify the following statement.

The role of media has a major influence on business organizations.


What is the social responsibility of commercial organizations? towards consumers?


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 ______


Who are called Stakeholders?


Justify the following statement.

Social responsibility is necessary for the protection of the environment.


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