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प्रश्न
What do you understand by social responsibility of business? How is it different from legal responsibility?
उत्तर
Social responsibility refers to the duties and responsibilities of business enterprises towards society and its members. It implies the obligation on an enterprise to conduct activities that are favourable from the viewpoint of society. As any business makes use of society’s resources in the form of human and physical capital, it becomes the moral duty and responsibility of the businesspersons to work for the betterment of society.
Social responsibility differs from legal responsibility on various grounds. Social responsibility is a much wider concept than legal responsibility. This is because, by mere compliance with the law, any legal responsibility can be fulfilled for instance, paying taxes on time and reducing the emission of pollutants. On the other hand, social responsibility is an obligation on business enterprises to work for the welfare of society for example, generating employment opportunities to the physically challenged and providing equal employment opportunities to women.
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संबंधित प्रश्न
Business organisations have no social responsibilities.
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.
Choose the correct option for the following:
Social responsibility is
Choose the correct option for the following:
Business people have the skills to solve
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 | ||
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9) |
Branch of Social Science |
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| 10) | Protection and environment | ||
The media does not play important role in public life.
Correct the underlined word and rewrite the sentence.
Social values are based on perceptions of right or wrong.
Study the following case/situation and express your opinion.
A vehicle manufacturing company has adopted the following practices.
A) Only those components will be used by the company which is environment friendly.
B) There will be a discharge of harmful wastes only after their proper treatment.
C) The pollution level of every vehicle will be maintained as per international standards.
i) by doing this, the business organization follows social responsibility towards which interest group?
ii) What kind of pollution do they want to avoid?
iii) What kind of message do they want to convey?
Choose the Correct Answer.
Social Responsibility towards employees represents the following except ______
Who are called Stakeholders?
Define the Concept of Social Responsibility?
Discuss the different groups that benefited from the Social Responsibility of business?
Legal responsibility is broader than the social responsibility of business.
