Which of the following is not the social responsibility of business to...
I think A. is a correct options...bcz social responsibility doesn't mean u hve to gave share of profit to the consumer ..
Which of the following is not the social responsibility of business to...
The social responsibility of a business towards consumers refers to the ethical and moral obligations that businesses have towards their customers in terms of providing them with safe and reliable products or services. It involves various aspects such as transparency, honesty, quality, and fair pricing.
The given options are:
a) To give them a share of profit
b) To bring out reality in advertisement
c) To make available good quality goods at cheap rates
d) To avoid adulteration
The correct answer is option 'A': To give them a share of profit.
Explanation:
1. To bring out reality in advertisement:
- Businesses have a social responsibility to ensure that their advertisements are truthful and do not mislead consumers.
- They should not make false claims about the features or benefits of their products or services.
- Advertisements should accurately represent the reality and provide consumers with the necessary information to make informed decisions.
2. To make available good quality goods at cheap rates:
- Businesses have a responsibility to provide consumers with products of good quality that meet their expectations.
- They should strive to maintain high standards of quality and ensure that their products are safe for use.
- While businesses may aim to offer products at affordable prices, it is not necessary for them to provide goods at extremely cheap rates, as this may compromise the quality or sustainability of their operations.
3. To avoid adulteration:
- Businesses have a responsibility to ensure that their products are not adulterated or contaminated.
- Adulteration refers to the act of adding impurities or lower-quality substances to a product, which can be harmful to consumers.
- Businesses should adhere to quality control measures and comply with regulations to prevent adulteration and protect the health and safety of consumers.
4. To give them a share of profit:
- Giving consumers a share of profit is not generally considered a social responsibility of a business towards consumers.
- The primary purpose of a business is to generate profit for its owners or shareholders, and while ethical business practices may involve fair pricing and providing value to customers, sharing profits with consumers is not a standard expectation.
In summary, while businesses have various social responsibilities towards consumers, such as providing quality products, avoiding adulteration, and presenting truthful advertisements, giving consumers a share of profit is not typically considered a part of this responsibility.
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