Maharashtra State BoardHSC Commerce 12th Board Exam
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SCERT Maharashtra Question Bank solutions for 12th Standard HSC Organisation of Commerce and Management (OCM) Maharashtra State Board 2021 chapter 6 - Social Responsibilities of Business [Latest edition]

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12th Standard HSC Organisation of Commerce and Management (OCM) Maharashtra State Board 2021 - Shaalaa.com

Chapter 6: Social Responsibilities of Business

Select the appropriate optionGive one word or phrase or a termState true or falseFind the odd oneSelect the correct optionCorrect the underlined word and rewrite the sentenceExplain the following terms/conceptsStudy the following case/situation and express your opinionAnswer in briefJustify the following statementsAttempt the following
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Select the appropriate option

SCERT Maharashtra Question Bank solutions for 12th Standard HSC Organisation of Commerce and Management (OCM) Maharashtra State Board 2021 Chapter 6 Social Responsibilities of Business Select the appropriate option

Select the appropriate option | Q 1

Business is a ________ activity.

  • Socio-economic

  • Service

  • Charitable

  • Non-profit

Give one word or phrase or a term

SCERT Maharashtra Question Bank solutions for 12th Standard HSC Organisation of Commerce and Management (OCM) Maharashtra State Board 2021 Chapter 6 Social Responsibilities of Business Give one word or phrase or a term

Give one word or phrase or a term | Q 1

Write a word or phrase or a term which can substitute the following:

Earning foreign exchange is the responsibility of the organization towards this group.

Give one word or phrase or a term | Q 2

Give one word or phrase or a term which can substitute the following.

An activity motivated by profit.

State true or false

SCERT Maharashtra Question Bank solutions for 12th Standard HSC Organisation of Commerce and Management (OCM) Maharashtra State Board 2021 Chapter 6 Social Responsibilities of Business State true or false

State true or false | Q 1

Under CSR, the company would spent not less than 4% of the average net profits.

  • True

  • False

State true or false | Q 2

The media does not play important role in public life.

  • True

  • False

Find the odd one

SCERT Maharashtra Question Bank solutions for 12th Standard HSC Organisation of Commerce and Management (OCM) Maharashtra State Board 2021 Chapter 6 Social Responsibilities of Business Find the odd one

Find the odd one | Q 1

Find the odd one.

  • Timely payment of taxes

  • Earning foreign exchange

  • Creating goodwill

  • Political stability

Select the correct option

SCERT Maharashtra Question Bank solutions for 12th Standard HSC Organisation of Commerce and Management (OCM) Maharashtra State Board 2021 Chapter 6 Social Responsibilities of Business Select the correct option

Select the correct option | Q 1

Select the correct option.

(responsibilities towards shareholders, responsibilities towards consumers, responsibilities towards government, responsibilities towards society, responsibilities towards owners)

Group A  Group B
A. After Sales Service _______________
B. ______________ timely payment of taxes
C. protest anti-social activities _______________
D. fair practices on stock exchange _______________
E. _____________ Reasonable profit
Correct the underlined word and rewrite the sentence

SCERT Maharashtra Question Bank solutions for 12th Standard HSC Organisation of Commerce and Management (OCM) Maharashtra State Board 2021 Chapter 6 Social Responsibilities of Business Correct the underlined word and rewrite the sentence

Correct the underlined word and rewrite the sentence | Q 1

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 | Q 2

Correct the underlined word and rewrite the sentence.

All sorts of fair practices related to stock exchange should be avoided.

Explain the following terms/concepts

SCERT Maharashtra Question Bank solutions for 12th Standard HSC Organisation of Commerce and Management (OCM) Maharashtra State Board 2021 Chapter 6 Social Responsibilities of Business Explain the following terms/concepts

Explain the following terms/concepts | Q 1

Explain the following term/concept.

Social responsibility

Explain the following terms/concepts | Q 2

Explain the following term/concept.

Corporate Social Responsibility

Study the following case/situation and express your opinion

SCERT Maharashtra Question Bank solutions for 12th Standard HSC Organisation of Commerce and Management (OCM) Maharashtra State Board 2021 Chapter 6 Social Responsibilities of Business Study the following case/situation and express your opinion

Study the following case/situation and express your opinion | Q 1

Study the following case/situation and express your opinion.

Auto Parts Ltd. is renowned company situated in Chakradharpur, Jharkhand. This company is leading manufacturer of auto parts and also exports to some countries around the world. This company has net worth of Rs.600 Cr. and earned average net profit of Rs.1.20 Cr in last 3 financial years. The company has formed committee of directors to look after the CSR activities of the company.

  1. Provision of which section is applicable in case company follows CSR activities?
  2. How much amount company needs to spend on CSR activities? 
  3. How many directors are required to constitute CSR committee?
Answer in brief

SCERT Maharashtra Question Bank solutions for 12th Standard HSC Organisation of Commerce and Management (OCM) Maharashtra State Board 2021 Chapter 6 Social Responsibilities of Business Answer in brief

Answer in brief | Q 1

Answer in brief.

Explain responsibilities of business towards owners.

Answer in brief | Q 2

Answer in brief.

State social responsibilities of business towards society.

Justify the following statements

SCERT Maharashtra Question Bank solutions for 12th Standard HSC Organisation of Commerce and Management (OCM) Maharashtra State Board 2021 Chapter 6 Social Responsibilities of Business Justify the following statements

Justify the following statements | Q 1

Justify the following statement.

Expectations of society towards business are changing.

Justify the following statements | Q 2

Justify the following statement.

Business organisations have responsibilities towards different interest groups

Attempt the following

SCERT Maharashtra Question Bank solutions for 12th Standard HSC Organisation of Commerce and Management (OCM) Maharashtra State Board 2021 Chapter 6 Social Responsibilities of Business Attempt the following

Attempt the following | Q 1

Attempt the following.

Explain corporate social responsibility.

Chapter 6: Social Responsibilities of Business

Select the appropriate optionGive one word or phrase or a termState true or falseFind the odd oneSelect the correct optionCorrect the underlined word and rewrite the sentenceExplain the following terms/conceptsStudy the following case/situation and express your opinionAnswer in briefJustify the following statementsAttempt the following
12th Standard HSC Organisation of Commerce and Management (OCM) Maharashtra State Board 2021 - Shaalaa.com

SCERT Maharashtra Question Bank solutions for 12th Standard HSC Organisation of Commerce and Management (OCM) Maharashtra State Board 2021 chapter 6 - Social Responsibilities of Business

SCERT Maharashtra Question Bank solutions for 12th Standard HSC Organisation of Commerce and Management (OCM) Maharashtra State Board 2021 chapter 6 (Social Responsibilities of Business) include all questions with solution and detail explanation. This will clear students doubts about any question and improve application skills while preparing for board exams. The detailed, step-by-step solutions will help you understand the concepts better and clear your confusions, if any. Shaalaa.com has the Maharashtra State Board 12th Standard HSC Organisation of Commerce and Management (OCM) Maharashtra State Board 2021 solutions in a manner that help students grasp basic concepts better and faster.

Further, we at Shaalaa.com provide such solutions so that students can prepare for written exams. SCERT Maharashtra Question Bank textbook solutions can be a core help for self-study and acts as a perfect self-help guidance for students.

Concepts covered in 12th Standard HSC Organisation of Commerce and Management (OCM) Maharashtra State Board 2021 chapter 6 Social Responsibilities of Business are Concept of Social Responsibility, Responsibilities Towards Different Interest Groups, Responsibilities Towards Owners, Responsibilities Towards Investors, Responsibilities Towards Employees, Responsibilities Towards Consumers, Responsibilities Towards Government, Responsibilities Towards Community/Society/Public in General, Social Responsibility Towards Protection of Environment, Concept of Business Ethics, Corporate Social Responsibility.

Using SCERT Maharashtra Question Bank 12th Board Exam solutions Social Responsibilities of Business exercise by students are an easy way to prepare for the exams, as they involve solutions arranged chapter-wise also page wise. The questions involved in SCERT Maharashtra Question Bank Solutions are important questions that can be asked in the final exam. Maximum students of Maharashtra State Board 12th Board Exam prefer SCERT Maharashtra Question Bank Textbook Solutions to score more in exam.

Get the free view of chapter 6 Social Responsibilities of Business 12th Board Exam extra questions for 12th Standard HSC Organisation of Commerce and Management (OCM) Maharashtra State Board 2021 and can use Shaalaa.com to keep it handy for your exam preparation

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