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Question
Select the proper option from the option given below and rewrite the completed sentence.
To make timely payment of proper taxes is the responsibility of organization towards ________.
Options
Shareholders
Customers
Government
Solution
To make timely payment of proper taxes is the responsibility of organisation towards government.
Explanation:
The government levies various taxes such as corporate tax, sales tax and excise duty on business units. It is the responsibilityof the business units to timely pay these taxes. This tax revenue is used by the government to provide infrastructure and other facilities to the public.
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| Group “A” | Group “B” | ||
| a. | Responsibility to owners |
1 | Good working condition |
| b. | Consumers | 2 | Branch of philosophy |
| c. | Responsibility to investors |
3 | To serve society |
| d. | Economics objective | 4 | To help small scale industry |
| e. | Business ethics | 5 | Earning foreign exchange |
| 6 | Creating goodwill | ||
| 7 | Branch of social science | ||
| 8 | To earn profit | ||
| 9 | To maintain transparency |
||
| 10 | Good quality product |
Write short note on the following:
Effects of business on environment.
Write short note on the following:
Relationship of business and environment.
State with reason whether the following statement is true or false.
Management should avoid worker's participation while making decisions.
State with reason whether the following statement is true or false.
Business organization is not liable to control pollution.
State with reason whether the following statement is true or false.
Every business organization should pay attention to business ethics while conducting their activities.
State with reason whether the following statement is true or false.
Business ethics can be considered as a tool for social development.
State with reason whether the following statement is true or false.
Business and environmental protection are contradictory.
What steps can an enterprise take to protect the environment from the dangers of pollution?
