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प्रश्न
State with reasons, whether the following statement is True or False:
The business organisation has various types of social responsibilities.
विकल्प
True
False
उत्तर
Business organisations have various types of social responsibilities.
This Statement is True
Reasons: Business is conducted with the help various interest groups such as investors, owners, employees, consumers, government and society at large. It should be noted that interest of these social group is conflicting in nature and business organizations have to balance it. Interest of all these should be properly protected.
Responsibilities towards owner: Business should be conducted on profit basis for prosperity and growth of owners. Then only it will be in position to perform any of its social responsibilities towards other interest groups.
Responsibilities towards Investors: Investor invests their money in business and accepts risk factor. This should be adequately recognized by business. They should get fair returns on investment regularly in the form of interest. Following points should be considered.
- Fair return on investment.
- Safety of investment.
- Steady appreciation of business.
Responsibilities towards Employees: Some companies employ workers on temporary basis for years together. Employees should get guarantee of employment. Security of job provides mental peace and employees can work with full dedication concentration. It will raise their moral and loyalty towards organization.
Responsibilities towards Consumers: While manufacturing the products, health and safety of consumers should be the prime factor. Unsafe products should not be marketed. Consumers should be warned of any unsafe good. Some rival (competitor) organizations may introduce imitation articles of interior quality, in such circumstances the producer of genuine product must alter consumer.
Responsibilities towards Government: The Government has levied various taxes on business units such as excise duty, sales tax, corporate tax, etc. business units should give proper information of product and should pay taxes accurately as per the provisions. The tax revenue helps the government to provide infrastructure and other welfare facilities.
Responsibilities towards community, Public in General: Working of business units results in air, water and noise pollution. The carbon particles, dust, harmful gases, chemical create air pollution. Harmful chemicals cause water contamination. Sound of machines from factories can disturb the peace of residents. All types of pollution should be controlled by adopting best possible measures.
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संबंधित प्रश्न
Any ‘five cases’ (needs) of social responsibilities of business.
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.
Fulfillment of social responsibility shows _________ image of the organisation .
Commercial organisations have different types of social responsibilities.
Business organisations have no social responsibilities.
Write a word or phrase or a term which can substitute the following.
Duties, obligations of business directed towards welfare to society.
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.
Write short note on the following.
Corporate 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
Choose the correct option for the following:
Business people have the skills to solve
What do you understand by social responsibility of business? How is it different from legal responsibility?
What are the major areas of social responsibility of business?
Discuss the forces which are responsible for increasing concern of business enterprises towards social responsibility.
Discuss the guidelines enumerated by the Companies Act 2013 for Corporate Social Responsibility.
For economic growth and national security ______ stability is required.
Match the pairs.
| Group ‘A’ | Group ‘B’ | ||
| A) | Employees | 1) | Good quality product |
| B) | Responsibility to Investors | 2) | To maintain solvency and prestige |
| C) | Responsibility towards government | 3) | To serve society |
| D) | Economic Objective | 4) | Voluntary |
| E) | Business ethics | 5) | Job security |
| 6) | Compulsory | ||
| 7) | Respecting rules and regulations | ||
| 8) | To earn profit | ||
|
9) |
Branch of Social Science |
||
| 10) | Protection and environment | ||
Give one word/phrase/term for the following sentence.
Name the philosophy related to social responsibility propounded by Mahatma Gandhi.
The media does not play important role in public life.
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?
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?
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 ______
What do you mean by Social Responsibility?
Who are called Stakeholders?
Define the Concept of Social Responsibility?
Explain in detail the concept and need for Social Responsibility?
Legal responsibility is broader than the social responsibility of business.
Justify the following statement.
Social responsibility is necessary for the protection of the environment.
