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प्रश्न
Explain the following term/concept.
Social responsibility
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उत्तर
- 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.
- 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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संबंधित प्रश्न
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The business organisation has various types of social responsibilities.
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Corporate social responsibility.
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Business people have the skills to solve
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Match the pairs.
| Group ‘A’ | Group ‘B’ | ||
| A) | Employees | 1) | Good quality product |
| B) | Responsibility to Investors | 2) | To maintain solvency and prestige |
| C) | Responsibility towards government | 3) | To serve society |
| D) | Economic Objective | 4) | Voluntary |
| E) | Business ethics | 5) | Job security |
| 6) | Compulsory | ||
| 7) | Respecting rules and regulations | ||
| 8) | To earn profit | ||
|
9) |
Branch of Social Science |
||
| 10) | Protection and environment | ||
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Define the Concept of Social Responsibility?
