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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
Any ‘five cases’ (needs) of social responsibilities of business.
Commercial organisations have different types of social responsibilities.
Write a word or phrase or a term which can substitute the following.
Duties, obligations of business directed towards welfare to society.
Distinguish between the following.
Traditional social responsibility and corporate social responsibility.
Choose the correct option for the following:
If business is to operate in a society which is full of diverse and complicated problems, it may have
What are the major areas of social responsibility of business?
Build up argument for and against social responsibilities.
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 | ||
Businessmen are trustees of society.
Social responsibility is broader than the legal responsibility of business.
Answer in one sentence.
What type of advertising should be avoided?
Correct the underlined word and rewrite the sentence.
Moral values provide general guidelines for social conduct.
Justify the following statement.
The role of media has a major influence on business organizations.
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.
Assuming Social Responsibility of business helps the enterprise in ______
What do you mean by Social Responsibility?
Define the Concept of Social Responsibility?
Enumerate the points relating to why business units are Socially Responsible?
