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Who are called Stakeholders? - Commerce

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प्रश्न

Who are called Stakeholders?

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उत्तर

A business organization is a coalition of several interest groups are called stakeholders. Example – shareholders, customers, employees, suppliers, etc. Businesses should, therefore, work for the interest of all of them rather than for the benefit of shareholders/owners alone.

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अध्याय 17: Social responsibility of business - Exercises [पृष्ठ १७७]

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सामाचीर कलवी Commerce [English] Class 11 TN Board
अध्याय 17 Social responsibility of business
Exercises | Q II. 4. | पृष्ठ १७७

संबंधित प्रश्न

Government has established _______ to settle consumers’ disputes by compromise.


Distinguish between the following.
Traditional social responsibility and corporate social responsibility.


Answer the following question.
What is social responsibility? Explain modern concept of social responsibility.


State the meaning of Corporate Social Responsibility as per the Companies Act 2013.


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

Answer in one sentence.

What type of advertising should be avoided?


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

Explain in detail the concept and need for Social Responsibility?


Justify the following statement.

Social responsibility is necessary for the protection of the environment.


Explain the following term/concept in detail:

Globalisation


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