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Class notes Business Business Studies- (Poonam Gandhi)-2021-22 Class 11 CBSE, ISBN: 9789389975208 CA$11.48   Add to cart
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Class notes Business Business Studies- (Poonam Gandhi)-2021-22 Class 11 CBSE, ISBN: 9789389975208
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  • Business Studies - Class 11 by Poonam Gandhi (2020-21)

This is the notes of social responsibility of Business and Business ethics which can help Commerce students

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  • February 26, 2023
  • 10
  • 2022/2023
  • Interview
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Subjects

  • social respon
  • social responsibility of business
  • social responsibility of business class 11
  • social responsibilities of business and business ethics
  • social responsibility of business and business ethics

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Chapter 6
Mmm Mmm Mmm




Social Responsibilities of
Business and Business
Ethics

, CONCEPT OF SOCIAL RESPONSIBILITY


social responsibility relates to the voluntary efforts on the
part of businessmen to contribute to the social
well-being.
The businessmen make use of resources of society and
earn from the members of so they
society must do
something for the society.
The idea of social responsibilities suposes that the
contribution has not only economic and
legal obligations
but also certain responsibilities to society which extend
beyond these obligations.


the
concept of Social Reposibility (Reasons)

(i) Self Interest In the run, businessman gain by
long
performing social responsibilities. Business
is the creation of society and makes use of resources
of society and if the business fails to satisfy the
valuable needs of society, then society can revoke back
its resources. The way society is giving to business
What it requires, in the same way business must
give society what it wants.

(ii) Better Environment for Business social responsibility
creates better environment
for business it
improves quality of life,
as results in
rising standard of living, so business gets better
community to business. Labour, customer will
conduct
be of better
quality and society will be better so better
opportunities for business will be available.

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