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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
Commercial organisations have different types of 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.
Choose the correct option for the following:
Social responsibility is
State the meaning of Corporate Social Responsibility as per the Companies Act 2013.
Build up argument for and against social responsibilities.
Discuss the guidelines enumerated by the Companies Act 2013 for Corporate Social Responsibility.
Businessmen are trustees of society.
Correct the underlined word and rewrite the sentence.
Social responsibility is a narrower term than legal responsibility of business.
Correct the underlined word and rewrite the sentence.
Moral values provide general guidelines for social conduct.
Study the following case/situation and express your opinion.
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A vehicle manufacturing company has adopted the following practices.
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- 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?
Justify the following statement.
The role of media has a major influence on business organizations.
What is corporate social responsibility?
what is the need for social responsibility?
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.
Assuming Social Responsibility of business helps the enterprise in ______
Who are called Stakeholders?
Define the Concept of Social Responsibility?
Discuss the different groups that benefited from the Social Responsibility of business?
