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All the companies big or small in the city are contributing to the fund that was raised by the government for the relief measures that are undertaken to rescue the people hit by the tsunami recently. Your company though not small, has been facing minor loss for a few months. You are the CEO of the company what will you do now?
  • a)
    You will not make any contribution to the relief fund that was raised by the government
  • b)
    You will ask your employees to make some contribution
  • c)
    You will contribute your own one day salary to the relief fund and also infrom the employees that their one day salary will be given to the relief fund
  • d)
    Leave it to the employees whether to contribute or not to the fund
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
All the companies big or small in the city are contributing to the fun...
Understanding the Situation
In the wake of a recent tsunami, various relief measures are being organized to assist affected individuals. As a CEO, it’s crucial to balance the company's financial health with social responsibility.
Option C: A Balanced Approach
Contributing one day’s salary to the relief fund while encouraging employees to do the same represents a balanced approach. Here’s why:
  • Leadership by Example: By contributing your salary, you demonstrate personal commitment to the cause, inspiring employees to follow suit.
  • Fostering Team Spirit: Collective contribution can enhance team morale and unity, especially during challenging times.
  • Social Responsibility: Businesses are part of the community. Contributing helps maintain a positive public image and shows that the company cares about its stakeholders.
  • Encouraging Voluntary Participation: By informing employees of the initiative, you respect their autonomy while encouraging philanthropy, allowing them to contribute as they feel able.
  • Long-term Impact: Supporting relief efforts can foster goodwill, potentially leading to increased customer loyalty and employee satisfaction in the long run.

Conclusion
In conclusion, option C is the most beneficial choice as it embodies a spirit of solidarity, encourages collective action, and addresses social responsibility, all while recognizing the company’s current financial constraints. This approach not only aids those in need but also strengthens the company’s internal culture.
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Community Answer
All the companies big or small in the city are contributing to the fun...
Your company has been facing only some minor loss for some months and the loss may be recovered in the next few months, so, rather than being a dumb spectator to the situation, sacrificing something or the other will be humane. With corporate responsibility and as a CEO, when you yourself contribute, certainly your employees will be motivated to do the same. Thus, option (c) is the best option in the given situation.
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All the companies big or small in the city are contributing to the fund that was raised by the government for the relief measures that are undertaken to rescue the people hit by the tsunami recently. Your company though not small, has been facing minor loss for a few months. You are the CEO of the company what will you do now?a)You will not make any contribution to the relief fund that was raised by the governmentb)You will ask your employees to make some contributionc)You will contribute your own one day salary to the relief fund and also infrom the employees that their one day salary will be given to the relief fundd)Leave it to the employees whether to contribute or not to the fundCorrect answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about All the companies big or small in the city are contributing to the fund that was raised by the government for the relief measures that are undertaken to rescue the people hit by the tsunami recently. Your company though not small, has been facing minor loss for a few months. You are the CEO of the company what will you do now?a)You will not make any contribution to the relief fund that was raised by the governmentb)You will ask your employees to make some contributionc)You will contribute your own one day salary to the relief fund and also infrom the employees that their one day salary will be given to the relief fundd)Leave it to the employees whether to contribute or not to the fundCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for All the companies big or small in the city are contributing to the fund that was raised by the government for the relief measures that are undertaken to rescue the people hit by the tsunami recently. Your company though not small, has been facing minor loss for a few months. You are the CEO of the company what will you do now?a)You will not make any contribution to the relief fund that was raised by the governmentb)You will ask your employees to make some contributionc)You will contribute your own one day salary to the relief fund and also infrom the employees that their one day salary will be given to the relief fundd)Leave it to the employees whether to contribute or not to the fundCorrect answer is option 'C'. Can you explain this answer?.
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