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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.
“The company organises training and skill development programme for its workers.
Q. Which of the following is not an example of the category of business responsibility stated?
- a)Providing safe working conditions
- b)Fair deals from management
- c)Earn fair returns on capital employed
- d)Develop sense of belongingness
Correct answer is option 'C'. Can you explain this answer?
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Direction: Read the following text and answer the questions that foll...
Earning fair returns on capital employed is not an example of the category of business responsibility stated.
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Direction: Read the following text and answer the questions that foll...
Understanding Business Responsibilities
In the context of Karigar Furniture Ltd., the company is engaged in various business responsibilities that focus on ethical practices and employee welfare. The question pertains to identifying which option does not fit into the category of business responsibilities.
Analysis of Options
- Providing safe working conditions:
This is a fundamental business responsibility. Companies are expected to ensure that their workplaces are safe and conducive to health to protect their employees.
- Fair deals from management:
This reflects ethical treatment and fairness in business practices towards employees. It is crucial for maintaining a positive work environment and employee satisfaction.
- Earn fair returns on capital employed:
While earning fair returns is important for business survival and growth, it primarily pertains to the financial performance of the company rather than a direct responsibility towards stakeholders. It focuses more on profit maximization rather than ethical obligations towards employees or society.
- Develop sense of belongingness:
This involves creating a supportive culture within the organization, which is aligned with employee wellbeing and workplace satisfaction.
Conclusion
The correct answer is option 'C' - "Earn fair returns on capital employed," as it does not directly relate to the ethical responsibilities of a business towards its employees or the community. Instead, it represents a financial objective rather than a social or ethical responsibility, distinguishing it from the other options that emphasize the importance of employee welfare and ethical practices in business operations.
In the context of Karigar Furniture Ltd., the company is engaged in various business responsibilities that focus on ethical practices and employee welfare. The question pertains to identifying which option does not fit into the category of business responsibilities.
Analysis of Options
- Providing safe working conditions:
This is a fundamental business responsibility. Companies are expected to ensure that their workplaces are safe and conducive to health to protect their employees.
- Fair deals from management:
This reflects ethical treatment and fairness in business practices towards employees. It is crucial for maintaining a positive work environment and employee satisfaction.
- Earn fair returns on capital employed:
While earning fair returns is important for business survival and growth, it primarily pertains to the financial performance of the company rather than a direct responsibility towards stakeholders. It focuses more on profit maximization rather than ethical obligations towards employees or society.
- Develop sense of belongingness:
This involves creating a supportive culture within the organization, which is aligned with employee wellbeing and workplace satisfaction.
Conclusion
The correct answer is option 'C' - "Earn fair returns on capital employed," as it does not directly relate to the ethical responsibilities of a business towards its employees or the community. Instead, it represents a financial objective rather than a social or ethical responsibility, distinguishing it from the other options that emphasize the importance of employee welfare and ethical practices in business operations.
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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.“The company organises training and skill development programme for its workers.Q. Which of the following is not an example of the category of business responsibility stated?a)Providing safe working conditionsb)Fair deals from managementc)Earn fair returns on capital employedd)Develop sense of belongingnessCorrect answer is option 'C'. Can you explain this answer?
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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.“The company organises training and skill development programme for its workers.Q. Which of the following is not an example of the category of business responsibility stated?a)Providing safe working conditionsb)Fair deals from managementc)Earn fair returns on capital employedd)Develop sense of belongingnessCorrect answer is option 'C'. 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.“The company organises training and skill development programme for its workers.Q. Which of the following is not an example of the category of business responsibility stated?a)Providing safe working conditionsb)Fair deals from managementc)Earn fair returns on capital employedd)Develop sense of belongingnessCorrect answer is option 'C'. 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.“The company organises training and skill development programme for its workers.Q. Which of the following is not an example of the category of business responsibility stated?a)Providing safe working conditionsb)Fair deals from managementc)Earn fair returns on capital employedd)Develop sense of belongingnessCorrect answer is option 'C'. Can you explain this answer?.
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.“The company organises training and skill development programme for its workers.Q. Which of the following is not an example of the category of business responsibility stated?a)Providing safe working conditionsb)Fair deals from managementc)Earn fair returns on capital employedd)Develop sense of belongingnessCorrect answer is option 'C'. 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.“The company organises training and skill development programme for its workers.Q. Which of the following is not an example of the category of business responsibility stated?a)Providing safe working conditionsb)Fair deals from managementc)Earn fair returns on capital employedd)Develop sense of belongingnessCorrect answer is option 'C'. 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.“The company organises training and skill development programme for its workers.Q. Which of the following is not an example of the category of business responsibility stated?a)Providing safe working conditionsb)Fair deals from managementc)Earn fair returns on capital employedd)Develop sense of belongingnessCorrect answer is option 'C'. 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.“The company organises training and skill development programme for its workers.Q. Which of the following is not an example of the category of business responsibility stated?a)Providing safe working conditionsb)Fair deals from managementc)Earn fair returns on capital employedd)Develop sense of belongingnessCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce.
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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.“The company organises training and skill development programme for its workers.Q. Which of the following is not an example of the category of business responsibility stated?a)Providing safe working conditionsb)Fair deals from managementc)Earn fair returns on capital employedd)Develop sense of belongingnessCorrect answer is option 'C'. 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.“The company organises training and skill development programme for its workers.Q. Which of the following is not an example of the category of business responsibility stated?a)Providing safe working conditionsb)Fair deals from managementc)Earn fair returns on capital employedd)Develop sense of belongingnessCorrect answer is option 'C'. 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.“The company organises training and skill development programme for its workers.Q. Which of the following is not an example of the category of business responsibility stated?a)Providing safe working conditionsb)Fair deals from managementc)Earn fair returns on capital employedd)Develop sense of belongingnessCorrect answer is option 'C'. 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.“The company organises training and skill development programme for its workers.Q. Which of the following is not an example of the category of business responsibility stated?a)Providing safe working conditionsb)Fair deals from managementc)Earn fair returns on capital employedd)Develop sense of belongingnessCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Commerce tests.
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