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प्रश्न
Answer the following question.
State responsibilities of business organization towards owners.
उत्तर
Responsibilities of a business towards its owners:
i. As owners and shareholders invest their money in a business, it is the responsibility of the business enterprise to safeguard their investments and provide them fair and timely returns.
ii. Business organisations should provide complete and accurate information about their progress and financial position to their owners. This can be done through reports, statement of profits, etc.
iii. It is the responsibility of business organisations to minimise the wastage of resources so that maximum profits can be earned.
iv. Business units should run the business efficiently. They should make maximum utilisation of the available resources, with no or minimum wastage.
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संबंधित प्रश्न
Select the proper option from the option given below and rewrite the completed sentence.
Business should provide periodic information to ________.
Write a word or phrase or a term which can substitute the following.
Running efficient business is the responsibility of business towards this group.
Write short note on the following.
Social responsibility towards owners.
Explain Social Responsibility Towards Owner?
