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Justify the following statement. Expectations of society towards business are changing. - Organisation of Commerce and Management

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प्रश्न

Justify the following statement.

Expectations of society towards business are changing.

औचित्य

उत्तर

  1. Society's expectations from business firms have undergone drastic change over time. 
  2. Earlier, businesses were viewed just as provider of goods and services.
  3. Now, they act as a responsible citizen besides providing goods and services.
  4. Businesses are also expected to contribute towards social welfare.
  5. Hence, expectations of society towards business are changing.
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Responsibilities Towards Different Interest Groups - Responsibilities Towards Community/Society/Public in General
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 6: Social Responsibilities of Business - Exercise [पृष्ठ १३१]

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