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Questions
State any two expectations of the general public from a business organisation.
Write any five expectations of the General Public or Society from a Business Enterprise.
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Solution
The expectations of the General Public from a business concern are:
- To safeguard the environment from any form of contamination.
- Create socially desirable products aligned with national interests and priorities.
- Supporting marginalised groups through employment and other opportunities.
- Improve people’s living standards by promoting educational, medical, and cultural institutions.
- Contribute funds to philanthropic and public welfare activities.
- Preserve social and cultural values.
- Respect human rights, particularly those of women and children.
RELATED QUESTIONS
______ expect the business organization to follow the laws and regulations of the country.
Mention any two expectations of Employees.
Which of the following is not an expectation of competitive competitors?
______ is an expectation of employers.
Which of the following are the expectations of competitive competitors?
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | Suppliers | i | Contribution of business to the local economy |
| (b) | Employees | ii | Provide capital |
| (C) | Shareholders | iii | Provide physical and mental efforts |
| (d) | General public | iv | i |
State any two expectations of the Associates from a business enterprise.
State any two expectations of competitors from a business concern.
Explain the expectations of internal stakeholders in a commercial organisation.
Explain any five expectations of suppliers from a business organisation.
