Social Responsibility of Business

Submitted by :-
Pranita Jain
iitm
SOCIAL RESPONSIBILITY OF
BUSINESS
Social responsibility is the obligation of the
decision makers to take decisions which
protect and improve the welfare of the
society as a whole along with their own
interests.
Social responsibility means the intelligent
& objective concern for the welfare of
society and leads in the direction of human
welfare.
Business
Employees
Shareholder
Nature
&
Itself
Customers
Government
SOCIAL RESPONSIBILITY OF BUSINESS
RESPONSIBILITY TOWARDS CUSTOMERS
True and fair
information through
advertisements.
Regular supply of
good.
Charge reasonable
prices.
Avoid black
marketing.
A fair return on investment.
Provide full & accurate
information regarding
business.
Safety of investment.
Improving the public image
of company.
RESPONSIBILITY TOWARDS
SHAREHOLDER
Fair wages and salaries.
Good & safe working
conditions.
Opportunities for
education training &
promotion.
Workers participation in
decision making.
RESPONSIBILITY TOWARDS EMPLOYEE
To abide by the laws
of the land.
To pay taxes honestly.
To avoid corrupting.
To encourage fair
trade.
To avoid monopoly.
RESPONSIBILITY TOWARDS
GOVERNMENT
To create more
employment.
Optimum utilization of
resources.
Development and
Expansion of business.
RESPONSIBILITY TOWARDS
ITSELF
To contribute to the
economic
development of
backward regions
and weaker
sections of society.
RESPONSIBILITY TOWARDS
BACKWARD REGIONS
REFERENCES
Business environment By S.L Kohli
Business environment and Management By C.B
Gupta.
Google.com
Wikipidia

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