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Distinguish Between the Following. Traditional Social Responsibility and Corporate Social Responsibility. - Organisation of Commerce and Management

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प्रश्न

Distinguish between the following.
Traditional social responsibility and corporate social responsibility.

फरक स्पष्ट करा

उत्तर

Basis of
Difference
Traditional Social
Responsibility
Corporate Social
Responsibility
Meaning Traditionally, traders and emperors used to help the poor and underprivileged
with the profits they made.
In modern times, business units commit to behave
ethically and work towards the welfare of society.
Scope Operates at an individual or micro level Operates at the macro level, i.e., whole economy
Concept It has the philanthropic
concept.
It includes philanthropic,
ethical, legal and economic concepts.
Evolution It evolved in ancient India and the pre-Christian era. It evolved after the World War II.
Type It includes tangible goals; so, it is narrowly defined. It includes both tangible and intangible goals; so, it is broadly defined.
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पाठ 4: Social Responsibility of Business - Distinguish between the following [पृष्ठ १२२]

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मायकल वाझ Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
पाठ 4 Social Responsibility of Business
Distinguish between the following | Q 1 | पृष्ठ १२२

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संबंधित प्रश्‍न

State with reasons, whether the following statement is True or False:

The business organisation has various types of social responsibilities.


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.

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.


Write short note on the following.
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


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?


State the meaning of Corporate Social Responsibility as per the Companies Act 2013.


Build up argument for and against social responsibilities.


Discuss the guidelines enumerated by the Companies Act 2013 for Corporate Social Responsibility.


For economic growth and national security ______ stability is required.


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.


Social responsibility is broader than the legal responsibility of business.


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

Correct the underlined word and rewrite the sentence.

Social values are based on perceptions of right or wrong.


Explain the following term/concept.

Social responsibility


Explain the following term/concept.

Concept of Trusteeship


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.
  1. By doing this they are following social responsibilities towards which interest groups?
  2. What values are they presenting?
  3. What kind of responsibilities employer follows in the above case?

Justify the following statement.

The role of media has a major influence on business organizations.


What is the social responsibility of commercial organizations? towards consumers?


Define the concept of social responsibility.


what is the need for 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.

Social Responsibility towards employees represents the following except ______


What do you mean by Social Responsibility?


Enumerate the points relating to why business units are Socially Responsible?


Explain in detail the concept and need for Social Responsibility?


Discuss the different groups that benefited from the Social Responsibility of business?


Legal responsibility is broader than the social responsibility of business.


Justify the following statement.

Social responsibility is necessary for the protection of the environment.


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