Advertisements
Advertisements
Question
Write short note on the following.
Social responsibility towards owners.
Solution
As owners and shareholders invest their money in the business, it is the responsibility of business enterprises to safeguard their investments and provide them with fair and timely returns. Business organisations should provide complete and accurate information about their progress and financial position to their owners. This can be done through financial reports, statement of profits, etc.
APPEARS IN
RELATED QUESTIONS
Select the proper option from the option given below and rewrite the completed sentence.
Business should provide periodic information to ________.
Write a word or phrase or a term which can substitute the following.
Running efficient business is the responsibility of business towards this group.
Answer the following question.
State responsibilities of business organization towards owners.
Explain Social Responsibility Towards Owner?