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Define the concept of social responsibility. - Organisation of Commerce and Management

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प्रश्न

Define the concept of social responsibility.

थोडक्यात उत्तर
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उत्तर

Concept of Social Responsibility:

Social responsibility of business refers to its obligation to make those decisions and perform those actions which are desirable in terms of the objectives and values of our society. So, all the activities of the business should be performed in such a manner that they will not harm any part of society rather they will protect and contribute to the interest of society.

Definitions:

Howard D. Bowen - 'Social Responsibility is to pursue those policies to make those decisions, or to follow those lines of action which are desirable in terms of the objectives and values of our society.'
The concept of social responsibility has been followed in India since ancient times. Philosophers like Chanakya from India and pre-Christians era philosophers in the west preached and promoted ethical principles while doing business.
In other words, social responsibility involves an element of voluntary action on the part of business people for the benefit of society.

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पाठ 6: Social Responsibilities of Business - Exercise [पृष्ठ १३२]

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बालभारती Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
पाठ 6 Social Responsibilities of Business
Exercise | Q 7. 2) a. | पृष्ठ १३२

व्हिडिओ ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्‍न

State with reasons whether the following statements are True or False

Business organisations do not have various types of social responsibilities.


State with reasons, whether the following statement is True or False:

The business organisation has various types of 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.
The newest management strategy about social obligations of business.


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


Choose the correct option for the following:
Social responsibility is


Choose the correct option for the following:
If business is to operate in a society which is full of diverse and complicated problems, it may have


Build up argument for and against social responsibilities.


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

Businessmen are trustees of society.


The media does not play important role in public life.


Correct the underlined word and rewrite the sentence.

 Moral values provide general guidelines for social conduct.


Explain the following term/concept.

Concept of Trusteeship


Study the following case/situation and express your opinion.

Yashwant Co. Ltd. is providing facilities for their female staff like a day care centre for kids and work from home facility. Even management takes their suggestions while taking the decisions, though they are members of the trade union.
  1. By doing this they are following social responsibilities towards which interest groups?
  2. What values are they presenting?
  3. What kind of responsibilities employer follows in the above case?

What is the social responsibility of commercial organizations? towards consumers?


Who are called Stakeholders?


Define the Concept of Social Responsibility?


Legal responsibility is broader than the social responsibility of business.


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