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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

What are the benefits derived by employees of a Socially Responsible business enterprise? - Commerce

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Question

What are the benefits derived by employees of a Socially Responsible business enterprise?

Short Note

Solution

The benefits derived by employees of a socially responsible business enterprise include:

  • Timely and regular payment of wages and salaries.
  • Proper working conditions and welfare amenities.
  • Opportunity for better career prospects.
  • Job security as well as social security like facilities of provident fund, group insurance, pension, retirement benefits, etc.
  • Better living conditions like housing, transport, canteen, arches, etc.
  • Timely training and development.
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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 III. 3. | Page 177
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