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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
Any ‘five cases’ (needs) of social responsibilities of business.
State with reasons whether the following statements are True or False
Business organisations do not have various types of social responsibilities.
State with reasons, whether the following statement is True or False:
The business organisation has various types of social responsibilities.
Business organisations have no social responsibilities.
Write a word or phrase or a term which can substitute the following.
The newest management strategy about social obligations of business.
For economic growth and national security ______ stability is required.
Businessmen are trustees of society.
The media does not play important role in public life.
______ 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.
What is the social responsibility of commercial organizations? towards consumers?
Choose the Correct Answer.
Which type of Responsibility gives the benefit to the Society out of its profits earned?
Who are called Stakeholders?
Legal responsibility is broader than the social responsibility of business.
Justify the following statement.
Social responsibility is necessary for the protection of the environment.
Explain the following term/concept in detail:
Globalisation
