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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. - Organisation of Commerce and Management

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Question

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?
Answer in Brief

Solution

  1. By treating the staff with dignity and respect, the company follows the social responsibilities towards the employees.
  2. Yashwant Co. Ltd. is presenting social values by showing co-operation to their female staff.
  3. Management takes the employee's suggestions while taking decisions even though they are members of a trade union. By doing this, management recognizes the right of employees to join Trade Unions. The company also does not restrict employees from forming Trade Union. Thus they follow social responsibility towards employees.
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Chapter 6: Social Responsibilities of Business - Exercise [Page 130]

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Balbharati Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
Chapter 6 Social Responsibilities of Business
Exercise | Q 3. 1) | Page 130

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