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Distinguish Between the Following. Traditional Social Responsibility and Corporate Social Responsibility. - Organisation of Commerce and Management

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प्रश्न

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

अंतर स्पष्ट करें
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उत्तर

Basis of
Difference
Traditional Social
Responsibility
Corporate Social
Responsibility
Meaning Traditionally, traders and emperors used to help the poor and underprivileged
with the profits they made.
In modern times, business units commit to behave
ethically and work towards the welfare of society.
Scope Operates at an individual or micro level Operates at the macro level, i.e., whole economy
Concept It has the philanthropic
concept.
It includes philanthropic,
ethical, legal and economic concepts.
Evolution It evolved in ancient India and the pre-Christian era. It evolved after the World War II.
Type It includes tangible goals; so, it is narrowly defined. It includes both tangible and intangible goals; so, it is broadly defined.
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अध्याय 4: Social Responsibility of Business - Distinguish between the following [पृष्ठ १२२]

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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
Distinguish between the following | Q 1 | पृष्ठ १२२

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

State with reasons whether the following statements are True or False

Business organisations do not have various types of social responsibilities.


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.
The newest management strategy about social obligations of business.


Choose the correct option for the following:
Social responsibility is


What are the major areas of social responsibility of business?


State the meaning of Corporate Social Responsibility as per the Companies Act 2013.


For economic growth and national security ______ stability is required.


Businessmen are trustees of society.


Social responsibility is broader than ______ 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

Answer in one sentence.

What type of advertising should be avoided?


Explain the following term/concept.

Concept of Trusteeship


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?

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.

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 ______


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


Legal responsibility is broader than the social responsibility of business.


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