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प्रश्न
Distinguish between the following.
Traditional social responsibility and corporate social responsibility.
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उत्तर
| Basis of Difference |
Traditional Social Responsibility |
Corporate Social Responsibility |
| Meaning | Traditionally, traders and emperors used to help the poor and underprivileged with the profits they made. |
In modern times, business units commit to behave ethically and work towards the welfare of society. |
| Scope | Operates at an individual or micro level | Operates at the macro level, i.e., whole economy |
| Concept | It has the philanthropic concept. |
It includes philanthropic, ethical, legal and economic concepts. |
| Evolution | It evolved in ancient India and the pre-Christian era. | It evolved after the World War II. |
| Type | It includes tangible goals; so, it is narrowly defined. | It includes both tangible and intangible goals; so, it is broadly defined. |
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संबंधित प्रश्न
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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 |
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| 10) | Protection and environment | ||
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Globalisation
