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प्रश्न
What do you understand by social responsibility of business? How is it different from legal responsibility?
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उत्तर
Social responsibility refers to the duties and responsibilities of business enterprises towards society and its members. It implies the obligation on an enterprise to conduct activities that are favourable from the viewpoint of society. As any business makes use of society’s resources in the form of human and physical capital, it becomes the moral duty and responsibility of the businesspersons to work for the betterment of society.
Social responsibility differs from legal responsibility on various grounds. Social responsibility is a much wider concept than legal responsibility. This is because, by mere compliance with the law, any legal responsibility can be fulfilled for instance, paying taxes on time and reducing the emission of pollutants. On the other hand, social responsibility is an obligation on business enterprises to work for the welfare of society for example, generating employment opportunities to the physically challenged and providing equal employment opportunities to women.
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संबंधित प्रश्न
Business organisations have no social responsibilities.
Write a word or phrase or a term which can substitute the following.
Duties, obligations of business directed towards welfare to society.
Write a word or phrase or a term which can substitute the following.
Indian philosopher who had promoted concept of social responsibility in ancient times.
Distinguish between the following.
Traditional social responsibility and corporate social responsibility.
What are the major areas of social responsibility of business?
For economic growth and national security ______ stability is required.
Give one word/phrase/term for the following sentence.
Name the philosophy related to social responsibility propounded by Mahatma Gandhi.
Social responsibility is broader than the legal responsibility of business.
Social responsibility is broader than ______ responsibility.
______ 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 responsibility is a narrower term than legal responsibility of business.
Explain the following term/concept.
Concept of Trusteeship
What is the social responsibility of commercial organizations? towards consumers?
what is the need for social responsibility?
Who are called Stakeholders?
Enumerate the points relating to why business units are Socially Responsible?
Give one word or phrase for the following sentence:
Who propounded the concept of trusteeship?
Legal responsibility is broader than the social responsibility of business.
