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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
State with reasons, whether the following statement is True or False:
The business organisation has various types of social responsibilities.
Distinguish between the following.
Traditional social responsibility and corporate social responsibility.
Choose the correct option for the following:
Business people have the skills to solve
What are the major areas of social responsibility of business?
Discuss the guidelines enumerated by the Companies Act 2013 for Corporate Social Responsibility.
For economic growth and national security ______ stability is required.
Social responsibility is broader than the legal responsibility of business.
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?
Correct the underlined word and rewrite the sentence.
Moral values provide general guidelines for social conduct.
Correct the underlined word and rewrite the sentence.
Social values are based on perceptions of right or wrong.
Justify the following statement.
The role of media has a major influence on business organizations.
Define the concept of social responsibility.
Choose the Correct Answer.
Which type of Responsibility gives the benefit to the Society out of its profits earned?
Choose the Correct Answer.
Social Responsibility towards employees represents the following except ______
Who are called Stakeholders?
Discuss the different groups that benefited from the Social Responsibility of business?
