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प्रश्न
Explain the following term/concept.
Social responsibility
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उत्तर
- Social responsibility in business means that the management has a duty to safeguard the interests of society. A business cannot function in isolation; it depends on society, and society, in turn, relies on business. Since various sections of society play a role in a business's success, the business has a duty to give back and contribute to social well-being.
- As per Keith Davis, social responsibility involves business decisions and actions that go beyond just achieving economic and technical goals, reflecting the broader obligations of business toward society.
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संबंधित प्रश्न
Government has established _______ to settle consumers’ disputes by compromise.
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.
What are the major areas of social responsibility of business?
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.
Businessmen are trustees of society.
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 responsibility is a narrower term than legal responsibility of business.
Study the following case/situation and express your opinion.
|
A vehicle manufacturing company has adopted the following practices.
|
- by doing this, the business organisation follows social responsibility towards which interest group?
- What kind of pollution do they want to avoid?
- What kind of message do they want to convey?
What is the social responsibility of commercial organizations? towards consumers?
what is the need for social responsibility?
Choose the Correct Answer.
The Stakeholders of Socially Responsible business units are except ______
Choose the Correct Answer.
Social Responsibility towards employees represents the following except ______
Who are called Stakeholders?
Explain in detail the concept and need for Social Responsibility?
Give one word or phrase for the following sentence:
Who propounded the concept of trusteeship?
