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प्रश्न
What is corporate social responsibility?
उत्तर
Corporate Social Responsibility (CSR) is a self-regulating business model, aims to contribute to societal goals or support volunteering or ethically-oriented practices. It makes a company socially responsible and accountable. This accountability is towards itself, its stakeholders, the public in general, etc. By practicing social responsibility, companies can be conscious of the economic, social, and environmental aspects of society.
Applicability of CSR:
- The companies having a Net worth of 1500 Cr. or more or Turnover of 1000 Cr. or more; or Net
Profit of 15 Cr. or more during any financial year shall be required to constitute a Corporate
Social Responsibility Committee of the Board with effect from 1st April 2014. - The Board's report shall disclose the compositions of the CSR Committee.
- All companies shall spend, in every financial year, at least 2% of the average net profits of the company made during the three immediately preceding financial years, in pursuance of its
Corporate Social Responsibility Policy. - The companies shall be required to incorporate in its Board's report, an annual report on CSR.
APPEARS IN
संबंधित प्रश्न
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.
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.
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:
Social responsibility is
Build up argument for and against social responsibilities.
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.
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 | ||
Businessmen are trustees of society.
The media does not play important role in public life.
Social responsibility is broader than ______ responsibility.
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
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?
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?
Justify the following statement.
The role of media has a major influence on business organizations.
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.
Which type of Responsibility gives the benefit to the Society out of its profits earned?
Choose the Correct Answer.
The Stakeholders of Socially Responsible business units are except ______
Choose the Correct Answer.
Assuming Social Responsibility of business helps the enterprise in ______
Choose the Correct Answer.
Social Responsibility towards employees represents the following except ______
What do you mean by Social Responsibility?
Who are called Stakeholders?
Define the Concept of Social Responsibility?
Enumerate the points relating to why business units are Socially Responsible?
Discuss the different groups that benefited from the Social Responsibility of business?
Give one word or phrase for the following sentence:
Who propounded the concept of trusteeship?
Explain the following term/concept in detail:
Globalisation
