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प्रश्न
What are the major areas of social responsibility of business?
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उत्तर
The following are the major areas of social responsibility of businesses.
(a) Economic responsibility: Business enterprises are economic units that exist to make profits. Therefore, it is the responsibility of every business enterprise to undertake economic activities such as producing goods and services according to the needs and wants of consumers and selling them at reasonable prices.
(b) Legal responsibility: It is the responsibility of every business to respect the laws and regulations of the country in which it operates, as laws are formed for the betterment of society.
(c) Ethical responsibility: This responsibility implies that a business enterprise should follow only those business practices that are in line with the social values that are desirable from the viewpoint of society. This includes respecting religious sentiments and producing quality products.
(d) Discretionary responsibility: This responsibility is completely voluntary in nature. It means that a business enterprise may choose to open a charitable school or hospital for the poor, grant aid to people affected by natural calamities, provide employment opportunities to the physically challenged and so on.
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संबंधित प्रश्न
Fulfillment of social responsibility shows _________ image of the organisation .
Commercial organisations have different types of social responsibilities.
Business organisations have no social responsibilities.
Write short note on the following.
Corporate social responsibility.
Answer the following question.
What is social responsibility? Explain modern concept of social responsibility.
What do you understand by social responsibility of business? How is it different from legal responsibility?
Build up argument for and against social responsibilities.
Discuss the forces which are responsible for increasing concern of business enterprises towards social responsibility.
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 | ||
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
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.
Socially Responsible business provides goods at ______
Discuss the different groups that benefited from the Social Responsibility of business?
Justify the following statement.
Social responsibility is necessary for the protection of the environment.
