English
Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Give the meaning of Social Power. - Commerce

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Question

Give the meaning of Social Power.

Short Note

Solution

The decisions and actions taken by the businessmen affect the lives and fortunes of society. All the businessmen have considerable social power. The important matters as level of employment, rate of economic progress, and distribution of income among the various groups are determined by the business people. This is known as social power.

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Need for Social Responsibility
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Chapter 17: Social responsibility of business - Exercises [Page 177]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 17 Social responsibility of business
Exercises | Q II. 2. | Page 177
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