SOCIAL RESPONSIBILITY OF A

BUSINESS
SA’AD SHAIKH
 WHAT IS SOCIAL RESPONSIBILITY?

• The obligation of any business to protect and

serve public interest is known as social
responsibility of a business.
• The business is a part of the society. It borrows
resources, employees,etc., from society and
also has customers who are a part of the
society. As such, a business cannot exist without
the society. Thus, the business is responsible
towards society.
 RESPONSIBILITY TOWARDS
DIFFERENT INTEREST GROUPS

BUSINESS

EMPLOYEES

INVESTORS SOCIETY

GOVERNME
CUSTOMERS
NT
RESPONSIBILITY
TOWARDS INVESTORS
• Ensuring safety of their
investment
• Regular payment of interest
• Timely repayment of principal
amount
RESPONSIBILITY
TOWARDS CUSTOMERS
• Products and sevices must be
qualitative
• Products and services must be
able to take care of the needs of
the customers
• There must be regularity in supply
of goods and services
• Prices should be reasonable and
affordable
RESPONSIBILITY
TOWARDS GOVERNMENT
• Payment of fees, duties and taxes
regularly as well as honestly
• Setting up units as per guidelines
of government
• Conforming to pollution control
norms set up by government.
 RESPONSIBLITY TOWARDS
EMPLOYEES
• Timely and regular payment of wages and
salaries
• Proper working conditions and welfare
amenities
• Timely training and development
• Better living conditions like housing, transport,
canteen, crèches etc
• Opportunity for better career prospects
RESPONSIBLITY TOWARDS SOCIETY
• To help the weaker and backward sections of
the society
• To generate employment
• To protect the environment
• To preserve and promote social and cultural
values
• To conserve natural resources and wildlife
THANK YOU!