Enumerate the points relating to why business units are Socially Responsible?

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Chapter 17 Social responsibility of business
Exercises | Q III. 4. | Page 177

Commercial organisations have different types of social responsibilities.

Write a word or phrase or a term which can substitute the following.
Duties, obligations of business directed towards welfare to society.

State the meaning of Corporate Social Responsibility as per the Companies Act 2013.

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.

Social values are based on perceptions of right or wrong.

Explain the following term/concept.

Social responsibility

Study the following case/situation and express your opinion.

A vehicle manufacturing company has adopted the following practices.

Only those components will be used by the company which is environment friendly.
There will be a discharge of harmful wastes only after their proper treatment.
The pollution level of every vehicle will be maintained as per international standards.

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?

Choose the Correct Answer.

The Stakeholders of Socially Responsible business units are except ______

What do you mean by Social Responsibility?

Who are called Stakeholders?