Advertisements
Advertisements
प्रश्न
What do you understand by social responsibility of business? How is it different from legal responsibility?
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
Any ‘five cases’ (needs) of social responsibilities of business.
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.
Choose the correct option for the following:
Social responsibility is
What are the major areas of social responsibility of business?
For economic growth and national security ______ stability is required.
______ should be fixed according to the nature and importance of work.
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 |
Explain the following term/concept.
Concept of Trusteeship
Justify the following statement.
The role of media has a major influence on business organizations.
Define the concept of social responsibility.
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 ______
Explain in detail the concept and need for Social Responsibility?
Discuss the different groups that benefited from the Social Responsibility of business?
Justify the following statement.
Social responsibility is necessary for the protection of the environment.
