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Direction: Read the following text and answer the questions that follow:
Karigar Furniture Ltd., a company manufacturing and trading furniture, was started by Saransh with five of his friends under Start Up India Program. It provides a diverse collection of wooden, plastic, cane, bamboo, and steel furniture at reasonable rates to the customers. They import raw-material from China for the same abiding by the government policy and procedures for imports. The company is earning good profits and donating 5% of profits earned for plantation of trees on highway roadside. The company organises training and skill development programme for its workers. The efficient planning and marketing strategy of the company has offered the owners of the company reasonable appreciation of capital employed.
Q. Providing furniture at the reasonable rates is an example of social responsibility towards which of the following?
  • a)
    Consumers
  • b)
    Community
  • c)
    Creditors
  • d)
    Owners
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Direction: Read the following text and answer the questions that foll...
Providing furniture at the reasonable rates is an example of social responsibility towards consumers.
"Exercise your purchasing power as a consumer, volunteer and bring joy to those in need, and share your experiences, tell your stories, and inspire others along the way."
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Most Upvoted Answer
Direction: Read the following text and answer the questions that foll...


Consumers

Providing furniture at reasonable rates is an example of social responsibility towards consumers. This means that the company is considering the affordability and accessibility of its products for the customers who are the end-users of the furniture. By offering a diverse collection of furniture made from different materials like wood, plastic, cane, bamboo, and steel at reasonable rates, the company is ensuring that consumers from different economic backgrounds can purchase furniture according to their preferences and needs.

Explanation

- The company's focus on providing furniture at reasonable rates demonstrates its commitment to social responsibility by prioritizing the well-being and satisfaction of its customers.
- This approach helps in building trust and loyalty among consumers, leading to repeat purchases and positive word-of-mouth recommendations.
- By offering affordable furniture options, the company is also contributing towards enhancing the quality of life for individuals and families by making essential furniture items more accessible.

In conclusion, considering consumers' affordability and providing furniture at reasonable rates is an essential aspect of social responsibility for a company like Karigar Furniture Ltd. It reflects a customer-centric approach and a commitment to meeting the diverse needs of consumers in the market.
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Direction: Read the following text and answer the questions that follow:Karigar Furniture Ltd., a company manufacturing and trading furniture, was started by Saransh with five of his friends under Start Up India Program. It provides a diverse collection of wooden, plastic, cane, bamboo, and steel furniture at reasonable rates to the customers. They import raw-material from China for the same abiding by the government policy and procedures for imports. The company is earning good profits and donating 5% of profits earned for plantation of trees on highway roadside. The company organises training and skill development programme for its workers. The efficient planning and marketing strategy of the company has offered the owners of the company reasonable appreciation of capital employed.Q. Providing furniture at the reasonable rates is an example of social responsibility towards which of the following?a)Consumersb)Communityc)Creditorsd)OwnersCorrect answer is option 'A'. Can you explain this answer?
Question Description
Direction: Read the following text and answer the questions that follow:Karigar Furniture Ltd., a company manufacturing and trading furniture, was started by Saransh with five of his friends under Start Up India Program. It provides a diverse collection of wooden, plastic, cane, bamboo, and steel furniture at reasonable rates to the customers. They import raw-material from China for the same abiding by the government policy and procedures for imports. The company is earning good profits and donating 5% of profits earned for plantation of trees on highway roadside. The company organises training and skill development programme for its workers. The efficient planning and marketing strategy of the company has offered the owners of the company reasonable appreciation of capital employed.Q. Providing furniture at the reasonable rates is an example of social responsibility towards which of the following?a)Consumersb)Communityc)Creditorsd)OwnersCorrect answer is option 'A'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: Read the following text and answer the questions that follow:Karigar Furniture Ltd., a company manufacturing and trading furniture, was started by Saransh with five of his friends under Start Up India Program. It provides a diverse collection of wooden, plastic, cane, bamboo, and steel furniture at reasonable rates to the customers. They import raw-material from China for the same abiding by the government policy and procedures for imports. The company is earning good profits and donating 5% of profits earned for plantation of trees on highway roadside. The company organises training and skill development programme for its workers. The efficient planning and marketing strategy of the company has offered the owners of the company reasonable appreciation of capital employed.Q. Providing furniture at the reasonable rates is an example of social responsibility towards which of the following?a)Consumersb)Communityc)Creditorsd)OwnersCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Read the following text and answer the questions that follow:Karigar Furniture Ltd., a company manufacturing and trading furniture, was started by Saransh with five of his friends under Start Up India Program. It provides a diverse collection of wooden, plastic, cane, bamboo, and steel furniture at reasonable rates to the customers. They import raw-material from China for the same abiding by the government policy and procedures for imports. The company is earning good profits and donating 5% of profits earned for plantation of trees on highway roadside. The company organises training and skill development programme for its workers. The efficient planning and marketing strategy of the company has offered the owners of the company reasonable appreciation of capital employed.Q. Providing furniture at the reasonable rates is an example of social responsibility towards which of the following?a)Consumersb)Communityc)Creditorsd)OwnersCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Direction: Read the following text and answer the questions that follow:Karigar Furniture Ltd., a company manufacturing and trading furniture, was started by Saransh with five of his friends under Start Up India Program. It provides a diverse collection of wooden, plastic, cane, bamboo, and steel furniture at reasonable rates to the customers. They import raw-material from China for the same abiding by the government policy and procedures for imports. The company is earning good profits and donating 5% of profits earned for plantation of trees on highway roadside. The company organises training and skill development programme for its workers. The efficient planning and marketing strategy of the company has offered the owners of the company reasonable appreciation of capital employed.Q. Providing furniture at the reasonable rates is an example of social responsibility towards which of the following?a)Consumersb)Communityc)Creditorsd)OwnersCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
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The efficient planning and marketing strategy of the company has offered the owners of the company reasonable appreciation of capital employed.Q. Providing furniture at the reasonable rates is an example of social responsibility towards which of the following?a)Consumersb)Communityc)Creditorsd)OwnersCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Direction: Read the following text and answer the questions that follow:Karigar Furniture Ltd., a company manufacturing and trading furniture, was started by Saransh with five of his friends under Start Up India Program. It provides a diverse collection of wooden, plastic, cane, bamboo, and steel furniture at reasonable rates to the customers. They import raw-material from China for the same abiding by the government policy and procedures for imports. The company is earning good profits and donating 5% of profits earned for plantation of trees on highway roadside. The company organises training and skill development programme for its workers. The efficient planning and marketing strategy of the company has offered the owners of the company reasonable appreciation of capital employed.Q. Providing furniture at the reasonable rates is an example of social responsibility towards which of the following?a)Consumersb)Communityc)Creditorsd)OwnersCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Direction: Read the following text and answer the questions that follow:Karigar Furniture Ltd., a company manufacturing and trading furniture, was started by Saransh with five of his friends under Start Up India Program. It provides a diverse collection of wooden, plastic, cane, bamboo, and steel furniture at reasonable rates to the customers. They import raw-material from China for the same abiding by the government policy and procedures for imports. The company is earning good profits and donating 5% of profits earned for plantation of trees on highway roadside. The company organises training and skill development programme for its workers. The efficient planning and marketing strategy of the company has offered the owners of the company reasonable appreciation of capital employed.Q. Providing furniture at the reasonable rates is an example of social responsibility towards which of the following?a)Consumersb)Communityc)Creditorsd)OwnersCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: Read the following text and answer the questions that follow:Karigar Furniture Ltd., a company manufacturing and trading furniture, was started by Saransh with five of his friends under Start Up India Program. It provides a diverse collection of wooden, plastic, cane, bamboo, and steel furniture at reasonable rates to the customers. They import raw-material from China for the same abiding by the government policy and procedures for imports. The company is earning good profits and donating 5% of profits earned for plantation of trees on highway roadside. The company organises training and skill development programme for its workers. The efficient planning and marketing strategy of the company has offered the owners of the company reasonable appreciation of capital employed.Q. Providing furniture at the reasonable rates is an example of social responsibility towards which of the following?a)Consumersb)Communityc)Creditorsd)OwnersCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice Commerce tests.
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