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Chapters
2: Functions of Management
3: Entrepreneurship Development
4: Business Services
5: Emerging Modes of Business
▶ 6: Social Responsibilities of Business
7: Consumer Protection
8: Marketing
![SCERT Maharashtra solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC chapter 6 - Social Responsibilities of Business - Shaalaa.com](/images/organisation-of-commerce-and-management-ocm-english-12-standard-hsc_6:5f2b1b2038084cf381bfa42c826a928c.jpg "SCERT Maharashtra solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC chapter 6 - Social Responsibilities of Business")
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Solutions for Chapter 6: Social Responsibilities of Business
Below listed, you can find solutions for Chapter 6 of Maharashtra State Board SCERT Maharashtra for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC.
SCERT Maharashtra solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC 6 Social Responsibilities of Business Select the appropriate option
Business is a ________ activity.
Socio-economic
Service
Charitable
Non-profit
SCERT Maharashtra solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC 6 Social Responsibilities of Business Give one word or phrase or a term
Write a word or phrase or a term which can substitute the following:
Earning foreign exchange is the responsibility of the organization towards this group.
Give one word or phrase or a term which can substitute the following.
An activity motivated by profit.
SCERT Maharashtra solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC 6 Social Responsibilities of Business State true or false
Under CSR, the company would spent not less than 4% of the average net profits.
True
False
The media does not play important role in public life.
True
False
SCERT Maharashtra solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC 6 Social Responsibilities of Business Find the odd one
Find the odd one.
Timely payment of taxes
Earning foreign exchange
Creating goodwill
Political stability
SCERT Maharashtra solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC 6 Social Responsibilities of Business Select the correct option
Select the correct option.
(responsibilities towards shareholders, responsibilities towards consumers, responsibilities towards government, responsibilities towards society, responsibilities towards owners)
| Group A | Group B |
| A. After Sales Service | _______________ |
| B. ______________ | timely payment of taxes |
| C. protest anti-social activities | _______________ |
| D. fair practices on stock exchange | _______________ |
| E. _____________ | Reasonable profit |
SCERT Maharashtra solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC 6 Social Responsibilities of Business Correct the underlined word and rewrite the sentence
Correct the underlined word and rewrite the sentence.
Social responsibility is a narrower term than legal responsibility of business.
Correct the underlined word and rewrite the sentence.
All sorts of fair practices related to stock exchange should be avoided.
SCERT Maharashtra solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC 6 Social Responsibilities of Business Explain the following terms/concepts
Explain the following term/concept.
Social responsibility
Explain the following term/concept.
Corporate Social Responsibility
SCERT Maharashtra solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC 6 Social Responsibilities of Business Study the following case/situation and express your opinion
Study the following case/situation and express your opinion.
Auto Parts Ltd. is renowned company situated in Chakradharpur, Jharkhand. This company is leading manufacturer of auto parts and also exports to some countries around the world. This company has net worth of Rs.600 Cr. and earned average net profit of Rs.1.20 Cr in last 3 financial years. The company has formed committee of directors to look after the CSR activities of the company.
- Provision of which section is applicable in case company follows CSR activities?
- How much amount company needs to spend on CSR activities?
- How many directors are required to constitute CSR committee?
SCERT Maharashtra solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC 6 Social Responsibilities of Business Answer in brief
Answer in brief.
Explain responsibilities of business towards owners.
State social responsibilities of business towards society.
SCERT Maharashtra solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC 6 Social Responsibilities of Business Justify the following statements
Justify the following statement.
Expectations of society towards business are changing.
Justify the following statement.
Business organisations have responsibilities towards different interest groups
SCERT Maharashtra solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC 6 Social Responsibilities of Business Attempt the following
Attempt the following.
Explain corporate social responsibility.
Solutions for 6: Social Responsibilities of Business
SCERT Maharashtra solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC chapter 6 - Social Responsibilities of Business
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Concepts covered in Organisation of Commerce and Management (OCM) [English] 12 Standard HSC chapter 6 Social Responsibilities of Business are Concept of Social Responsibility, Responsibilities Towards Different Interest Groups, Responsibilities Towards Owners, Responsibilities Towards Investors, Responsibilities Towards Employees, Responsibilities Towards Consumers, Responsibilities Towards Government, Responsibilities Towards Community/Society/Public in General, Social Responsibility Towards Protection of Environment, Concept of Business Ethics, Corporate Social Responsibility.
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