Advertisements
Advertisements
प्रश्न
Any ‘five cases’ (needs) of social responsibilities of business.
उत्तर
The following points bring out the case for social responsibility of business:
- Concept of Trusteeship: -Commercial organization operates within society. They are a part of society. Now it is realized that activity which is not good for public is also not good for business. This is theory of trusteeship. According to this principle, "A business must be held in trust, legally and morally for the benefit of people." Businessmen are considered to be trustees of the society.
- Changing Expectations of society: -World is changing, growing and expanding very rapidly. Over the years, social demand shave changed and business should respond them positively. Awareness about rights is increasing among people. Overall knowledge level increased. In addition, it should not allow doing anything which is harmful to society.
- Projecting favorable public image: -A business which responds favorably to social need creates a good market reputation and goodwill. It also imprints good public image. Ultimately, organizations which care for its employees, consumers and society will be respected by them.
- Protection of Environment: -Business uses natural wealth and human resources to produce goods and services. Business organizations should make proper use of country's natural resources. They should avoid environmental pollution and ecological imbalance. It becomes moral duty of business to take care of welfare of society. "Syngenta" has started a project "Krishi Shakti Kendra" to various places in India to protect environment.
- Better and optimum utilization of resources: -Generally large business has huge surplus resources in terms of finance, manpower, talent and functional expertise. Business should use all resources for expansion and also for society's benefit. They should provide better life and welfare to different social groups. For e.g. TATA Tea adopted policy to minimize damages to environment.
- Trade Union's Pressure: -In modern times, workers have become conscious of their rights and privileges. Trade unions are growing fast and play important role in business environment. The employees have realized that their efforts contribute to the profits of business. So they always come up with new demands. To avoid such conflicts, business should understand responsibility and act accordingly.
- Growth of consumer Movement: -consumer movement is the movement against business malpractices. It is grounded in India long years back. Today's age has organized consumerism. Consumers when organized cannot accept any injustice by business. They have raised voice against unfair trade practices.
- Government Control: -Government has enacted laws such as Consumer Protection Act, Air pollution Act and food Adulteration Act, etc. there are as many as 30 environmental legislations in limits then there is fear of strict government control. Government's main aim is to create favorable atmosphere for economic and industrial growth.
- Role of media: -Media plays important role i public life. Now a day, reach of media to common people is very easy through internet. Media has power to speak against wrong policies of business. It is very vibrant (live) and active. Media can influence masses in society.
APPEARS IN
संबंधित प्रश्न
Government has established _______ to settle consumers’ disputes by compromise.
State with reasons whether the following statements are True or False
Business organisations do not have various types of social responsibilities.
State with reasons, whether the following statement is True or False:
The business organisation has various types of social responsibilities.
Fulfillment of social responsibility shows _________ image of the organisation .
Commercial organisations have different types of social responsibilities.
Write a word or phrase or a term which can substitute the following.
Indian philosopher who had promoted concept of social responsibility in ancient times.
Write a word or phrase or a term which can substitute the following.
The newest management strategy about social obligations of business.
Distinguish between the following.
Traditional social responsibility and corporate social responsibility.
Answer the following question.
What is social responsibility? Explain modern concept of social responsibility.
Choose the correct option for the following:
If business is to operate in a society which is full of diverse and complicated problems, it may have
What are the major areas of social responsibility of business?
State the meaning of Corporate Social Responsibility as per the Companies Act 2013.
Build up argument for and against social responsibilities.
For economic growth and national security ______ stability is required.
Social responsibility is broader than the legal responsibility of business.
Social responsibility is broader than ______ responsibility.
______ 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?
Correct the underlined word and rewrite the sentence.
Moral values provide general guidelines for social conduct.
Explain the following term/concept.
Social responsibility
Study the following case/situation and express your opinion.
Yashwant Co. Ltd. is providing facilities for their female staff like a daycare center for kids and work from home facility. Even management takes their suggestions while taking the decisions though they are members of 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?
What is the social responsibility of commercial organizations? towards consumers?
Define the concept of social responsibility.
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 |
Choose the Correct Answer.
The Stakeholders of Socially Responsible business units are except ______
Choose the Correct Answer.
Socially Responsible business provides goods at ______
Choose the Correct Answer.
Social Responsibility towards employees represents the following except ______
What do you mean by Social Responsibility?
Who are called Stakeholders?
Enumerate the points relating to why business units are Socially Responsible?
Explain in detail the concept and need for Social Responsibility?
Justify the following statement.
Social responsibility is necessary for the protection of the environment.