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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
Any ‘five cases’ (needs) of social responsibilities of business.
State with reasons, whether the following statement is True or False:
The business organisation has various types of social responsibilities.
Business organisations have no 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
Discuss the forces which are responsible for increasing concern of business enterprises towards social responsibility.
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 | ||
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 |
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.
what is the need for social responsibility?
Choose the Correct Answer.
The Stakeholders of Socially Responsible business units are except ______
Choose the Correct Answer.
Assuming Social Responsibility of business helps the enterprise in ______
Choose the Correct Answer.
Social Responsibility towards employees represents the following except ______
What do you mean by Social Responsibility?
Who are called Stakeholders?
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.
