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प्रश्न
What is corporate social responsibility?
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उत्तर
Corporate Social Responsibility (CSR) is a self-regulating business model, aims to contribute to societal goals or support volunteering or ethically-oriented practices. It makes a company socially responsible and accountable. This accountability is towards itself, its stakeholders, the public in general, etc. By practicing social responsibility, companies can be conscious of the economic, social, and environmental aspects of society.
Applicability of CSR:
- The companies having a Net worth of 1500 Cr. or more or Turnover of 1000 Cr. or more; or Net
Profit of 15 Cr. or more during any financial year shall be required to constitute a Corporate
Social Responsibility Committee of the Board with effect from 1st April 2014. - The Board's report shall disclose the compositions of the CSR Committee.
- All companies shall spend, in every financial year, at least 2% of the average net profits of the company made during the three immediately preceding financial years, in pursuance of its
Corporate Social Responsibility Policy. - The companies shall be required to incorporate in its Board's report, an annual report on CSR.
APPEARS IN
संबंधित प्रश्न
State with reasons whether the following statements are True or False
Business organisations do not have various types of social responsibilities.
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.
Choose the correct option for the following:
Business people have the skills to solve
What do you understand by social responsibility of business? How is it different from legal responsibility?
What are the major areas of social responsibility of business?
Businessmen are trustees of society.
The media does not play important role in public life.
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.
Social values are based on perceptions of right or wrong.
Explain the following term/concept.
Concept of Trusteeship
Define the concept of social responsibility.
what is the need for social responsibility?
Choose the Correct Answer.
The Stakeholders of Socially Responsible business units are except ______
Choose the Correct Answer.
Socially Responsible business provides goods at ______
