Advertisements
Advertisements
Question
Justify the following statement.
Social responsibility is necessary for the protection of the environment.
Advertisements
Solution
Business organizations should make proper use of the country's natural resources. They should avoid environmental degradation such as contamination of water resources, depletion of the ozone layer, etc. which have been caused by business activities. These have resulted in poor health of the community and placed a question mark on the survival of the human species. Businesses should be committed to protecting and promoting the environment. Business uses all types of resources from nature, so it is an obligation to protect the environment. It should not create an imbalance in nature. Industrialization results in environmental pollution by generating hazardous waste and has increased the risks to the environment. Protection of the environment benefits businesses from many angles such as creating awareness among customers, and employees, saving costs, lass, govt. control etc. A number of waste prevention techniques are available and they are commonly summarised as the so-called 4 'R's. i.e. reduction, reuse, recycling, and recovery.
APPEARS IN
RELATED QUESTIONS
Any ‘five cases’ (needs) of social responsibilities of business.
State with reasons, whether the following statement is True or False:
The business organisation has various types of social responsibilities.
Commercial organisations have different types of social responsibilities.
Write a word or phrase or a term which can substitute the following.
The newest management strategy about social obligations of business.
Answer the following question.
What is social responsibility? Explain modern concept of social responsibility.
Choose the correct option for the following:
Social responsibility is
State the meaning of Corporate Social Responsibility as per the Companies Act 2013.
______ 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 |
Answer in one sentence.
What type of advertising should be avoided?
Explain the following term/concept.
Concept of Trusteeship
Study the following case/situation and express your opinion.
| Yashwant Co. Ltd. is providing facilities for their female staff like a day care centre for kids and work from home facility. Even management takes their suggestions while taking the decisions, though they are members of the trade union. |
- By doing this they are following social responsibilities towards which interest groups?
- What values are they presenting?
- What kind of responsibilities employer follows in the above case?
Justify the following statement.
The role of media has a major influence on business organizations.
What is the social responsibility of commercial organizations? towards consumers?
What is corporate social responsibility?
what is the need for social responsibility?
Choose the Correct Answer.
The Stakeholders of Socially Responsible business units are except ______
Choose the Correct Answer.
Social Responsibility towards employees represents the following except ______
Define the Concept of Social Responsibility?
