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Explain the following term/concept. Social values - Organisation of Commerce and Management

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Question

Explain the following term/concept.

Social values

Definition
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Solution

Social values form an important part of the culture of the society. They provide general guidelines for social conduct. Values such as fundamental rights, patriotism, respect for human dignity, rationality, sacrifice, equality, democracy, etc. influence our behavior in many ways.

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Business Ethics
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Chapter 6: Social Responsibilities of Business - Exercise [Page 130]

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Balbharati Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
Chapter 6 Social Responsibilities of Business
Exercise | Q 2. 5) | Page 130
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