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Explain the following term/concept. Social responsibility - Organisation of Commerce and Management

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प्रश्न

Explain the following term/concept.

Social responsibility

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उत्तर

  1. Social responsibility in business means that the management has a duty to safeguard the interests of society. A business cannot function in isolation; it depends on society, and society, in turn, relies on business. Since various sections of society play a role in a business's success, the business has a duty to give back and contribute to social well-being.
  2. As per Keith Davis, social responsibility involves business decisions and actions that go beyond just achieving economic and technical goals, reflecting the broader obligations of business toward society.
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अध्याय 6: Social Responsibilities of Business - Exercise [पृष्ठ १३०]

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

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


Fulfillment of social responsibility shows _________ image of the organisation .


Commercial organisations have different types of social responsibilities.


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Corporate social responsibility.


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What is social responsibility? Explain modern concept of social responsibility.


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If business is to operate in a society which is full of diverse and complicated problems, it may have


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


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


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


Answer in one sentence.

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Correct the underlined word and rewrite the sentence.
 Social responsibility is a narrower term than legal responsibility of business.


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?

Justify the following statement.

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


Choose the Correct Answer.

The Stakeholders of Socially Responsible business units are except ______


Choose the Correct Answer.

Socially Responsible business provides goods at ______


Choose the Correct Answer.

Social Responsibility towards employees represents the following except ______


Define the Concept of Social Responsibility?


Justify the following statement.

Social responsibility is necessary for the protection of the environment.


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