Social Responsibility of Business — OCM STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceOCMSocial Responsibility of Business3 Marks
Question
“Business units can increase its goodwill by performing social responsibility.” Explain
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Answer
public through their performance of social responsibility towards all of them. When custom are satisfied with their business, prestige is increased.
Employees attitude towards business unit will be more positive when they get benefit of welfare scheme of the unit. The operation in all type of work is easily obtained. Investors too appreciate safety of their capital invested.
They feel satisfied when their wealth grows. This adds to the prestige of the company among investors. By performing responsibilities towards society, social well-being grows and happy environment in society is created.
This leads to social prestige of company. Among all, government also is proud of the companies performing social responsibility.
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