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प्रश्न
What is corporate social responsibility?
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उत्तर
Corporate Social Responsibility (CSR) is a self-regulating business model, aims to contribute to societal goals or support volunteering or ethically-oriented practices. It makes a company socially responsible and accountable. This accountability is towards itself, its stakeholders, the public in general, etc. By practicing social responsibility, companies can be conscious of the economic, social, and environmental aspects of society.
Applicability of CSR:
- The companies having a Net worth of 1500 Cr. or more or Turnover of 1000 Cr. or more; or Net
Profit of 15 Cr. or more during any financial year shall be required to constitute a Corporate
Social Responsibility Committee of the Board with effect from 1st April 2014. - The Board's report shall disclose the compositions of the CSR Committee.
- All companies shall spend, in every financial year, at least 2% of the average net profits of the company made during the three immediately preceding financial years, in pursuance of its
Corporate Social Responsibility Policy. - The companies shall be required to incorporate in its Board's report, an annual report on CSR.
APPEARS IN
संबंधित प्रश्न
State with reasons, whether the following statement is True or False:
The business organisation has various types of social responsibilities.
Fulfillment of social responsibility shows _________ image of the organisation .
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.
What are the major areas of social responsibility of business?
Build up argument for and against social responsibilities.
Discuss the guidelines enumerated by the Companies Act 2013 for Corporate Social Responsibility.
For economic growth and national security ______ stability is required.
Businessmen are trustees of society.
Social responsibility is broader than the legal responsibility of business.
Social responsibility is broader than ______ responsibility.
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.
Moral values provide general guidelines for social conduct.
Choose the Correct Answer.
The Stakeholders of Socially Responsible business units are except ______
Choose the Correct Answer.
Socially Responsible business provides goods at ______
What do you mean by Social Responsibility?
Enumerate the points relating to why business units are Socially Responsible?
Discuss the different groups that benefited from the Social Responsibility of business?
Give one word or phrase for the following sentence:
Who propounded the concept of trusteeship?
Explain the following term/concept in detail:
Globalisation
