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प्रश्न
What do you understand by social responsibility of business? How is it different from legal responsibility?
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उत्तर
Social responsibility refers to the duties and responsibilities of business enterprises towards society and its members. It implies the obligation on an enterprise to conduct activities that are favourable from the viewpoint of society. As any business makes use of society’s resources in the form of human and physical capital, it becomes the moral duty and responsibility of the businesspersons to work for the betterment of society.
Social responsibility differs from legal responsibility on various grounds. Social responsibility is a much wider concept than legal responsibility. This is because, by mere compliance with the law, any legal responsibility can be fulfilled for instance, paying taxes on time and reducing the emission of pollutants. On the other hand, social responsibility is an obligation on business enterprises to work for the welfare of society for example, generating employment opportunities to the physically challenged and providing equal employment opportunities to women.
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संबंधित प्रश्न
Fulfillment of social responsibility shows _________ image of the organisation .
Business organisations have no social responsibilities.
Distinguish between the following.
Traditional social responsibility and corporate social responsibility.
Choose the correct option for the following:
If business is to operate in a society which is full of diverse and complicated problems, it may have
State the meaning of Corporate Social Responsibility as per the Companies Act 2013.
Discuss the guidelines enumerated by the Companies Act 2013 for Corporate Social Responsibility.
______ should be fixed according to the nature and importance of work.
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.
Correct the underlined word and rewrite the sentence.
Moral values provide general guidelines for social conduct.
Correct the underlined word and rewrite the sentence.
Social values are based on perceptions of right or wrong.
Justify the following statement.
The role of media has a major influence on business organizations.
Choose the Correct Answer.
The Stakeholders of Socially Responsible business units are except ______
What do you mean by Social Responsibility?
Enumerate the points relating to why business units are Socially Responsible?
Explain in detail the concept and need for Social Responsibility?
Legal responsibility is broader than the social responsibility of business.
Explain the following term/concept in detail:
Globalisation
