The document outlines the social responsibilities of businesses and governments towards various stakeholders. It discusses responsibilities towards customers such as providing goods at reasonable prices and truthful information. It also discusses responsibilities towards shareholders such as providing accurate information and fair returns. Additionally, it discusses responsibilities towards employees such as providing safe working conditions, fair wages, and training opportunities. Businesses and governments also have responsibilities towards themselves, backward regions, and society as a whole.
The document outlines the social responsibilities of businesses and governments towards various stakeholders. It discusses responsibilities towards customers such as providing goods at reasonable prices and truthful information. It also discusses responsibilities towards shareholders such as providing accurate information and fair returns. Additionally, it discusses responsibilities towards employees such as providing safe working conditions, fair wages, and training opportunities. Businesses and governments also have responsibilities towards themselves, backward regions, and society as a whole.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
The document outlines the social responsibilities of businesses and governments towards various stakeholders. It discusses responsibilities towards customers such as providing goods at reasonable prices and truthful information. It also discusses responsibilities towards shareholders such as providing accurate information and fair returns. Additionally, it discusses responsibilities towards employees such as providing safe working conditions, fair wages, and training opportunities. Businesses and governments also have responsibilities towards themselves, backward regions, and society as a whole.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
take decisions which protect and improve the welfare of the society as a whole along with their own interests. RESPONSIBILTY TOWARDS COUSTOMER
Regular supply of goods at reasonable prices
True and fair information should be conveyed to the customers. RESPOSIBILITY TOWARDS SHAREHOLDER
Full and accurate information
Fair return on investment Safety of investment RESPONSIBILITY TOWARDS EMPLOYEES
EMPLOYEES:-Good and safe working conditions.
Fair wages and salaries Encourage workers to participate in the decision making Training facilities for requisite skills. GOVT:-Honest tax payment Fair trade practices Abide by the rules and regulations TOWARD ITSELF AND BACKWARD REGIONS
ITSELF:-create employment opportunities
Optimum utilization of resources Development and expansion of business.
BACKWARD REGIONS:-Helping hand in the
economic development of the backward and weaker sections of the society. HAVE THESE RESPONSIBILITIES CHANGED OVER THE YEARS? Earlier there was no human touch. Employees were treated as mere tools. Now the HUMAN FACTOR has crept in.