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Direction: Read the following text and answer the questions that follow:
Shuddh Masala Udyog is a Partnership firm, which deals in trading of all varieties of spices. The partners focus on maximising the profits on the basis of customer satisfaction. Due to increasing competition in the market, the level of profits is falling. One of the partners advised to use substandard raw-material, to do little adulteration in products, and to maintain their profit margin. But the other partners opposed it by saying that the consumers can take legal action against the firm. Suggestion came from other partners to cut down the wages of workers and to withdraw the brunch facility given to them, but it was discarded on the ground that it will create discord and unsatisfactory environment. Finally it was decided that to maintain their profits the firm has to boost its sale and public image by fulfilling the social responsibility.
“...public image by fulfilling the social responsibility...”
Q. Social responsibility improves public image because of the following reasons?
- a)Mandatory for the business
- b)Legal obligation for business
- c)Satisfied workers and consumers contribute in the success of the business
- d)Avoidance of government interference
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...
Satisfied workers and consumers contribute in the success of the business.
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Direction: Read the following text and answer the questions that foll...
Understanding Social Responsibility and Public Image
Social responsibility plays a crucial role in enhancing a business's public image, particularly for firms like Shuddh Masala Udyog that prioritize customer satisfaction and ethical practices.
Key Reasons Why Social Responsibility Improves Public Image:
- Customer Trust and Loyalty: Engaging in socially responsible practices fosters trust among consumers. When customers see a firm committed to ethical standards and community welfare, they are more likely to remain loyal and advocate for the brand.
- Positive Word-of-Mouth: Satisfied workers and consumers contribute to the success of the business. When employees feel valued due to fair treatment and ethical practices, they become brand ambassadors, promoting the firm to their networks.
- Enhanced Brand Reputation: A strong commitment to social responsibility differentiates a business in a competitive market. This distinction can elevate the brand’s reputation, attracting more customers who prioritize ethical consumption.
- Long-Term Profitability: A solid public image leads to increased customer retention and acquisition, ultimately boosting sales and profitability. Consumers are willing to pay a premium for products from socially responsible companies.
- Employee Satisfaction and Retention: A commitment to social responsibility creates a positive workplace culture. Satisfied employees are more productive and less likely to leave, reducing turnover costs.
Conclusion
In summary, fulfilling social responsibility is not just a moral obligation; it is a strategic choice that enhances public image and supports long-term business success. By prioritizing ethical practices, Shuddh Masala Udyog can maintain customer loyalty and improve profitability in the face of market challenges.
Social responsibility plays a crucial role in enhancing a business's public image, particularly for firms like Shuddh Masala Udyog that prioritize customer satisfaction and ethical practices.
Key Reasons Why Social Responsibility Improves Public Image:
- Customer Trust and Loyalty: Engaging in socially responsible practices fosters trust among consumers. When customers see a firm committed to ethical standards and community welfare, they are more likely to remain loyal and advocate for the brand.
- Positive Word-of-Mouth: Satisfied workers and consumers contribute to the success of the business. When employees feel valued due to fair treatment and ethical practices, they become brand ambassadors, promoting the firm to their networks.
- Enhanced Brand Reputation: A strong commitment to social responsibility differentiates a business in a competitive market. This distinction can elevate the brand’s reputation, attracting more customers who prioritize ethical consumption.
- Long-Term Profitability: A solid public image leads to increased customer retention and acquisition, ultimately boosting sales and profitability. Consumers are willing to pay a premium for products from socially responsible companies.
- Employee Satisfaction and Retention: A commitment to social responsibility creates a positive workplace culture. Satisfied employees are more productive and less likely to leave, reducing turnover costs.
Conclusion
In summary, fulfilling social responsibility is not just a moral obligation; it is a strategic choice that enhances public image and supports long-term business success. By prioritizing ethical practices, Shuddh Masala Udyog can maintain customer loyalty and improve profitability in the face of market challenges.
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Direction: Read the following text and answer the questions that follow:Shuddh Masala Udyog is a Partnership firm, which deals in trading of all varieties of spices. The partners focus on maximising the profits on the basis of customer satisfaction. Due to increasing competition in the market, the level of profits is falling. One of the partners advised to use substandard raw-material, to do little adulteration in products, and to maintain their profit margin. But the other partners opposed it by saying that the consumers can take legal action against the firm. Suggestion came from other partners to cut down the wages of workers and to withdraw the brunch facility given to them, but it was discarded on the ground that it will create discord and unsatisfactory environment. Finally it was decided that to maintain their profits the firm has to boost its sale and public image by fulfilling the social responsibility.“...public image by fulfilling the social responsibility...”Q. Social responsibility improves public image because of the following reasons?a)Mandatory for the businessb)Legal obligation for businessc)Satisfied workers and consumers contribute in the success of the businessd)Avoidance of government interferenceCorrect answer is option 'C'. Can you explain this answer?
Question Description
Direction: Read the following text and answer the questions that follow:Shuddh Masala Udyog is a Partnership firm, which deals in trading of all varieties of spices. The partners focus on maximising the profits on the basis of customer satisfaction. Due to increasing competition in the market, the level of profits is falling. One of the partners advised to use substandard raw-material, to do little adulteration in products, and to maintain their profit margin. But the other partners opposed it by saying that the consumers can take legal action against the firm. Suggestion came from other partners to cut down the wages of workers and to withdraw the brunch facility given to them, but it was discarded on the ground that it will create discord and unsatisfactory environment. Finally it was decided that to maintain their profits the firm has to boost its sale and public image by fulfilling the social responsibility.“...public image by fulfilling the social responsibility...”Q. Social responsibility improves public image because of the following reasons?a)Mandatory for the businessb)Legal obligation for businessc)Satisfied workers and consumers contribute in the success of the businessd)Avoidance of government interferenceCorrect 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:Shuddh Masala Udyog is a Partnership firm, which deals in trading of all varieties of spices. The partners focus on maximising the profits on the basis of customer satisfaction. Due to increasing competition in the market, the level of profits is falling. One of the partners advised to use substandard raw-material, to do little adulteration in products, and to maintain their profit margin. But the other partners opposed it by saying that the consumers can take legal action against the firm. Suggestion came from other partners to cut down the wages of workers and to withdraw the brunch facility given to them, but it was discarded on the ground that it will create discord and unsatisfactory environment. Finally it was decided that to maintain their profits the firm has to boost its sale and public image by fulfilling the social responsibility.“...public image by fulfilling the social responsibility...”Q. Social responsibility improves public image because of the following reasons?a)Mandatory for the businessb)Legal obligation for businessc)Satisfied workers and consumers contribute in the success of the businessd)Avoidance of government interferenceCorrect 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:Shuddh Masala Udyog is a Partnership firm, which deals in trading of all varieties of spices. The partners focus on maximising the profits on the basis of customer satisfaction. Due to increasing competition in the market, the level of profits is falling. One of the partners advised to use substandard raw-material, to do little adulteration in products, and to maintain their profit margin. But the other partners opposed it by saying that the consumers can take legal action against the firm. Suggestion came from other partners to cut down the wages of workers and to withdraw the brunch facility given to them, but it was discarded on the ground that it will create discord and unsatisfactory environment. Finally it was decided that to maintain their profits the firm has to boost its sale and public image by fulfilling the social responsibility.“...public image by fulfilling the social responsibility...”Q. Social responsibility improves public image because of the following reasons?a)Mandatory for the businessb)Legal obligation for businessc)Satisfied workers and consumers contribute in the success of the businessd)Avoidance of government interferenceCorrect answer is option 'C'. Can you explain this answer?.
Direction: Read the following text and answer the questions that follow:Shuddh Masala Udyog is a Partnership firm, which deals in trading of all varieties of spices. The partners focus on maximising the profits on the basis of customer satisfaction. Due to increasing competition in the market, the level of profits is falling. One of the partners advised to use substandard raw-material, to do little adulteration in products, and to maintain their profit margin. But the other partners opposed it by saying that the consumers can take legal action against the firm. Suggestion came from other partners to cut down the wages of workers and to withdraw the brunch facility given to them, but it was discarded on the ground that it will create discord and unsatisfactory environment. Finally it was decided that to maintain their profits the firm has to boost its sale and public image by fulfilling the social responsibility.“...public image by fulfilling the social responsibility...”Q. Social responsibility improves public image because of the following reasons?a)Mandatory for the businessb)Legal obligation for businessc)Satisfied workers and consumers contribute in the success of the businessd)Avoidance of government interferenceCorrect 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:Shuddh Masala Udyog is a Partnership firm, which deals in trading of all varieties of spices. The partners focus on maximising the profits on the basis of customer satisfaction. Due to increasing competition in the market, the level of profits is falling. One of the partners advised to use substandard raw-material, to do little adulteration in products, and to maintain their profit margin. But the other partners opposed it by saying that the consumers can take legal action against the firm. Suggestion came from other partners to cut down the wages of workers and to withdraw the brunch facility given to them, but it was discarded on the ground that it will create discord and unsatisfactory environment. Finally it was decided that to maintain their profits the firm has to boost its sale and public image by fulfilling the social responsibility.“...public image by fulfilling the social responsibility...”Q. Social responsibility improves public image because of the following reasons?a)Mandatory for the businessb)Legal obligation for businessc)Satisfied workers and consumers contribute in the success of the businessd)Avoidance of government interferenceCorrect 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:Shuddh Masala Udyog is a Partnership firm, which deals in trading of all varieties of spices. The partners focus on maximising the profits on the basis of customer satisfaction. Due to increasing competition in the market, the level of profits is falling. One of the partners advised to use substandard raw-material, to do little adulteration in products, and to maintain their profit margin. But the other partners opposed it by saying that the consumers can take legal action against the firm. Suggestion came from other partners to cut down the wages of workers and to withdraw the brunch facility given to them, but it was discarded on the ground that it will create discord and unsatisfactory environment. Finally it was decided that to maintain their profits the firm has to boost its sale and public image by fulfilling the social responsibility.“...public image by fulfilling the social responsibility...”Q. Social responsibility improves public image because of the following reasons?a)Mandatory for the businessb)Legal obligation for businessc)Satisfied workers and consumers contribute in the success of the businessd)Avoidance of government interferenceCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Direction: Read the following text and answer the questions that follow:Shuddh Masala Udyog is a Partnership firm, which deals in trading of all varieties of spices. The partners focus on maximising the profits on the basis of customer satisfaction. Due to increasing competition in the market, the level of profits is falling. One of the partners advised to use substandard raw-material, to do little adulteration in products, and to maintain their profit margin. But the other partners opposed it by saying that the consumers can take legal action against the firm. Suggestion came from other partners to cut down the wages of workers and to withdraw the brunch facility given to them, but it was discarded on the ground that it will create discord and unsatisfactory environment. Finally it was decided that to maintain their profits the firm has to boost its sale and public image by fulfilling the social responsibility.“...public image by fulfilling the social responsibility...”Q. Social responsibility improves public image because of the following reasons?a)Mandatory for the businessb)Legal obligation for businessc)Satisfied workers and consumers contribute in the success of the businessd)Avoidance of government interferenceCorrect 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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Here you can find the meaning of Direction: Read the following text and answer the questions that follow:Shuddh Masala Udyog is a Partnership firm, which deals in trading of all varieties of spices. The partners focus on maximising the profits on the basis of customer satisfaction. Due to increasing competition in the market, the level of profits is falling. One of the partners advised to use substandard raw-material, to do little adulteration in products, and to maintain their profit margin. But the other partners opposed it by saying that the consumers can take legal action against the firm. Suggestion came from other partners to cut down the wages of workers and to withdraw the brunch facility given to them, but it was discarded on the ground that it will create discord and unsatisfactory environment. Finally it was decided that to maintain their profits the firm has to boost its sale and public image by fulfilling the social responsibility.“...public image by fulfilling the social responsibility...”Q. Social responsibility improves public image because of the following reasons?a)Mandatory for the businessb)Legal obligation for businessc)Satisfied workers and consumers contribute in the success of the businessd)Avoidance of government interferenceCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Direction: Read the following text and answer the questions that follow:Shuddh Masala Udyog is a Partnership firm, which deals in trading of all varieties of spices. The partners focus on maximising the profits on the basis of customer satisfaction. Due to increasing competition in the market, the level of profits is falling. One of the partners advised to use substandard raw-material, to do little adulteration in products, and to maintain their profit margin. But the other partners opposed it by saying that the consumers can take legal action against the firm. Suggestion came from other partners to cut down the wages of workers and to withdraw the brunch facility given to them, but it was discarded on the ground that it will create discord and unsatisfactory environment. Finally it was decided that to maintain their profits the firm has to boost its sale and public image by fulfilling the social responsibility.“...public image by fulfilling the social responsibility...”Q. Social responsibility improves public image because of the following reasons?a)Mandatory for the businessb)Legal obligation for businessc)Satisfied workers and consumers contribute in the success of the businessd)Avoidance of government interferenceCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Direction: Read the following text and answer the questions that follow:Shuddh Masala Udyog is a Partnership firm, which deals in trading of all varieties of spices. The partners focus on maximising the profits on the basis of customer satisfaction. Due to increasing competition in the market, the level of profits is falling. One of the partners advised to use substandard raw-material, to do little adulteration in products, and to maintain their profit margin. But the other partners opposed it by saying that the consumers can take legal action against the firm. Suggestion came from other partners to cut down the wages of workers and to withdraw the brunch facility given to them, but it was discarded on the ground that it will create discord and unsatisfactory environment. Finally it was decided that to maintain their profits the firm has to boost its sale and public image by fulfilling the social responsibility.“...public image by fulfilling the social responsibility...”Q. Social responsibility improves public image because of the following reasons?a)Mandatory for the businessb)Legal obligation for businessc)Satisfied workers and consumers contribute in the success of the businessd)Avoidance of government interferenceCorrect 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:Shuddh Masala Udyog is a Partnership firm, which deals in trading of all varieties of spices. The partners focus on maximising the profits on the basis of customer satisfaction. Due to increasing competition in the market, the level of profits is falling. One of the partners advised to use substandard raw-material, to do little adulteration in products, and to maintain their profit margin. But the other partners opposed it by saying that the consumers can take legal action against the firm. Suggestion came from other partners to cut down the wages of workers and to withdraw the brunch facility given to them, but it was discarded on the ground that it will create discord and unsatisfactory environment. Finally it was decided that to maintain their profits the firm has to boost its sale and public image by fulfilling the social responsibility.“...public image by fulfilling the social responsibility...”Q. Social responsibility improves public image because of the following reasons?a)Mandatory for the businessb)Legal obligation for businessc)Satisfied workers and consumers contribute in the success of the businessd)Avoidance of government interferenceCorrect 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:Shuddh Masala Udyog is a Partnership firm, which deals in trading of all varieties of spices. The partners focus on maximising the profits on the basis of customer satisfaction. Due to increasing competition in the market, the level of profits is falling. One of the partners advised to use substandard raw-material, to do little adulteration in products, and to maintain their profit margin. But the other partners opposed it by saying that the consumers can take legal action against the firm. Suggestion came from other partners to cut down the wages of workers and to withdraw the brunch facility given to them, but it was discarded on the ground that it will create discord and unsatisfactory environment. Finally it was decided that to maintain their profits the firm has to boost its sale and public image by fulfilling the social responsibility.“...public image by fulfilling the social responsibility...”Q. Social responsibility improves public image because of the following reasons?a)Mandatory for the businessb)Legal obligation for businessc)Satisfied workers and consumers contribute in the success of the businessd)Avoidance of government interferenceCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Commerce tests.
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