Advertisements
Advertisements
प्रश्न
Discuss the forces which are responsible for increasing concern of business enterprises towards social responsibility.
Advertisements
उत्तर
The following are the forces which are responsible for increasing the concern of business enterprises for social responsibility.
(a) Threat of public regulation: The government is meant to safeguard the interests of society. Thus, in case the government feels that a business enterprise is behaving in a manner that is not socially desirable, then it can regulate the operations of that enterprise accordingly.
(b) Pressure of labour movement: The increase in capital mobility over time has increased the pressure on business enterprises to pay attention to the welfare of workers, by providing them with healthy working conditions along with good remuneration.
(c) Impact of consumer consciousness: As consumers today are aware of their rights and responsibilities, they take their decisions more rationally. Thus, business enterprises are made to work more efficiently and produce better products at reasonable rates to satisfy their customers.
(d) Development of social standards: Business enterprises are not mere profit-making entities. For their long-term growth and existence, they require to fulfil the new standards of social welfare.
(e) Development of business education: The spread of education over time has made consumers, investors, employees and owners more of social problems, thereby making them more sensitive to social issues.
(f) Relationship between social interest and business interest: No business enterprise can work in isolation from society. Thus, there should be a balance between business interests and social interests, such that the business can grow by doing the maximum good to society.
(g) Development of a professional managerial class: Every business professional pursues the goal of profit maximization. But today’s professional managers make efforts to satisfy the interests of all members of society.
APPEARS IN
संबंधित प्रश्न
Government has established _______ to settle consumers’ disputes by compromise.
State with reasons, whether the following statement is True or False:
The business organisation has various types of social responsibilities.
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 | ||
Give one word/phrase/term for the following sentence.
Name the philosophy related to social responsibility propounded by Mahatma Gandhi.
Social responsibility is broader than the legal responsibility of business.
Social responsibility is broader than ______ responsibility.
______ should be fixed according to the nature and importance of work.
Correct the underlined word and rewrite the sentence.
Social responsibility is a narrower term than legal responsibility of business.
Explain the following term/concept.
Social responsibility
Explain the following term/concept.
Concept of Trusteeship
Justify the following statement.
The role of media has a major influence on business organizations.
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.
The Stakeholders of Socially Responsible business units are except ______
Choose the Correct Answer.
Assuming Social Responsibility of business helps the enterprise in ______
Define the Concept of Social Responsibility?
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.
