Maharashtra State BoardHSC Commerce 12th Board Exam
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Write a Word Or Phrase Or a Term Which Can Substitute Each One of the Following. Duties, Obligations of Business Directed Towards Welfare to Society. - Organisation of Commerce and Management

One Word Answer

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

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Solution 1

Duties, obligations of business directed towards welfare of society- Social responsibility
Explanation:
Social responsibility of a business organisation refers to its duties and obligations towards the society. Society supports the existence of business units; therefore, business organisations also have a huge responsibility towards society.

Solution 2

Responsibility towards society.
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Micheal Vaz Organisation of Commerce and Management (OCM) HSC 12th Standard Maharashtra State Board
Chapter 4 Social Responsibility of Business
Write a word or phrase | Q 1 | Page 121
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