Commerce Exam > Commerce Notes > Business Studies (BST) Class 11 > PPT - Social Responsibilities of Business and Business Ethics
PPT - Social Responsibilities of Business and Business Ethics | Business Studies (BST) Class 11 - Commerce PDF Download
| Download, print and study this document offline |
Please wait while the PDF view is loading
Page 2 What is social responsibility of business Social responsibility of business refers to its obligation to take those decision and perform those actions which are desirable in terms of the objectives and values of our society. Page 3 What is social responsibility of business Social responsibility of business refers to its obligation to take those decision and perform those actions which are desirable in terms of the objectives and values of our society. Need for social responsibility ? Need for social responsibility of business arises both because of firm’s interest of society. There are arguments both for and against social responsibility. Page 4 What is social responsibility of business Social responsibility of business refers to its obligation to take those decision and perform those actions which are desirable in terms of the objectives and values of our society. Need for social responsibility ? Need for social responsibility of business arises both because of firm’s interest of society. There are arguments both for and against social responsibility. Arguments of social responsibility ? Justification for existence and growth ? Long-term interest ? Avoidance of government regulation ? Maintenance of orderly society ? Availability if resources ? Converting problems into opportunity ? Better environment for doing business ? Holding the business responsible for social problems. Page 5 What is social responsibility of business Social responsibility of business refers to its obligation to take those decision and perform those actions which are desirable in terms of the objectives and values of our society. Need for social responsibility ? Need for social responsibility of business arises both because of firm’s interest of society. There are arguments both for and against social responsibility. Arguments of social responsibility ? Justification for existence and growth ? Long-term interest ? Avoidance of government regulation ? Maintenance of orderly society ? Availability if resources ? Converting problems into opportunity ? Better environment for doing business ? Holding the business responsible for social problems. Arguments against social responsibility ? Violation of profit maximization objective ? Burdon on consumers ? Lack of social skills ? Lack of broad public support.Read More
|
37 videos|146 docs|44 tests
|
FAQs on PPT - Social Responsibilities of Business and Business Ethics - Business Studies (BST) Class 11 - Commerce
| 1. What are the social responsibilities of businesses? |  |
Ans. The social responsibilities of businesses refer to the ethical obligations and duties that a company has towards society. This includes actions and initiatives taken by businesses to contribute positively to the well-being of society, such as promoting environmental sustainability, supporting social causes, ensuring fair labor practices, and being transparent in their business operations.
| 2. How do businesses practice social responsibility? | |
Ans. Businesses practice social responsibility by incorporating ethical principles into their operations and decision-making processes. This can involve implementing sustainable practices, providing fair wages and working conditions for employees, supporting local communities through charitable initiatives, and adopting environmentally friendly policies. By doing so, businesses aim to create a positive impact on society while also benefiting their own long-term success.
| 3. What is the importance of business ethics? | |
Ans. Business ethics refers to the moral principles and values that guide the behavior of individuals and organizations in the business world. It is important for businesses to uphold ethical standards as it fosters trust and credibility among stakeholders, including customers, employees, investors, and the community. Ethical behavior also helps businesses avoid legal and reputational risks while promoting a positive organizational culture and long-term sustainability.
| 4. How can businesses ensure ethical behavior? | |
Ans. Businesses can ensure ethical behavior by establishing a strong ethical framework and code of conduct that is communicated to all employees. This can include providing regular ethics training, encouraging open communication and whistleblowing, and implementing mechanisms for monitoring and reporting unethical practices. It is also crucial for businesses to lead by example, with top management setting the tone for ethical behavior throughout the organization.
| 5. What are the benefits of practicing business ethics? | |
Ans. Practicing business ethics brings several benefits to companies. It enhances their reputation and brand image, leading to increased customer loyalty and trust. Ethical behavior can attract and retain talented employees who value a company's commitment to social responsibility. It also helps businesses build strong relationships with stakeholders and foster long-term partnerships. Additionally, ethical practices can lead to improved financial performance and reduce legal and regulatory risks.
About this Document
|
1.4K Views |
|
4.75/5 Rating |
|
Nov 22, 2024 Last updated |
Document Description: PPT - Social Responsibilities of Business and Business Ethics for Commerce 2024 is part of Business Studies (BST) Class 11 preparation.
The notes and questions for PPT - Social Responsibilities of Business and Business Ethics have been prepared according to the Commerce exam syllabus. Information about PPT - Social Responsibilities of Business and Business Ethics covers topics
like and PPT - Social Responsibilities of Business and Business Ethics Example, for Commerce 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for PPT - Social Responsibilities of Business and Business Ethics.
Introduction of PPT - Social Responsibilities of Business and Business Ethics in English is available as part of our Business Studies (BST) Class 11
for Commerce & PPT - Social Responsibilities of Business and Business Ethics in Hindi for Business Studies (BST) Class 11 course.
Download more important topics related with notes, lectures and mock test series for Commerce
Exam by signing up for free. Commerce: PPT - Social Responsibilities of Business and Business Ethics | Business Studies (BST) Class 11 - Commerce
Description
Full syllabus notes, lecture & questions for PPT - Social Responsibilities of Business and Business Ethics | Business Studies (BST) Class 11 - Commerce - Commerce | Plus excerises question with solution to help you revise complete syllabus for Business Studies (BST) Class 11 | Best notes, free PDF download
Information about PPT - Social Responsibilities of Business and Business Ethics
In this doc you can find the meaning of PPT - Social Responsibilities of Business and Business Ethics defined & explained in the simplest way possible. Besides explaining types of
PPT - Social Responsibilities of Business and Business Ethics theory, EduRev gives you an ample number of questions to practice PPT - Social Responsibilities of Business and Business Ethics tests, examples and also practice Commerce
tests
|
Explore Courses for Commerce exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
PPT - Social Responsibilities of Business and Business Ethics | Business Studies (BST) Class 11 - Commerce
,Extra Questions
,Exam
,ppt
,PPT - Social Responsibilities of Business and Business Ethics | Business Studies (BST) Class 11 - Commerce
,video lectures
,Sample Paper
,Free
,Objective type Questions
,PPT - Social Responsibilities of Business and Business Ethics | Business Studies (BST) Class 11 - Commerce
,Previous Year Questions with Solutions
,past year papers
,study material
,Summary
,Semester Notes
,shortcuts and tricks
,mock tests for examination
,MCQs
,Viva Questions
,Important questions
,practice quizzes
;
Additional Information about PPT - Social Responsibilities of Business and Business Ethics for Commerce Preparation
PPT - Social Responsibilities of Business and Business Ethics Free PDF Download
The PPT - Social Responsibilities of Business and Business Ethics is an invaluable resource that delves deep into the core of the Commerce exam.
These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective.
With the help of these notes, you can grasp complex subjects quickly, revise important points easily,
and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner,
allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material,
or toppers' notes, this PDF has got you covered. Download the PPT - Social Responsibilities of Business and Business Ethics now and kickstart your journey towards success in the Commerce exam.
Importance of PPT - Social Responsibilities of Business and Business Ethics
The importance of PPT - Social Responsibilities of Business and Business Ethics cannot be overstated, especially for Commerce aspirants.
This document holds the key to success in the Commerce exam.
It offers a detailed understanding of the concept, providing invaluable insights into the topic.
By knowing the concepts well in advance, students can plan their preparation effectively.
Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.
PPT - Social Responsibilities of Business and Business Ethics Notes
PPT - Social Responsibilities of Business and Business Ethics Notes offer in-depth insights into the specific topic to help you master it with ease.
This comprehensive document covers all aspects related to PPT - Social Responsibilities of Business and Business Ethics.
It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation.
Practice papers and question papers enable you to assess your progress effectively.
Additionally, the paper analysis provides valuable tips for tackling the exam strategically.
Access to Toppers' notes gives you an edge in understanding complex concepts.
Whether you're a beginner or aiming for advanced proficiency, PPT - Social Responsibilities of Business and Business Ethics Notes on EduRev are your ultimate resource for success.
PPT - Social Responsibilities of Business and Business Ethics Commerce Questions
The "PPT - Social Responsibilities of Business and Business Ethics Commerce Questions" guide is a valuable resource for all aspiring students preparing for the
Commerce exam. It focuses on providing a wide range of practice questions to help students gauge
their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation.
The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level.
Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.
Study PPT - Social Responsibilities of Business and Business Ethics on the App
Students of Commerce can study PPT - Social Responsibilities of Business and Business Ethics alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the PPT - Social Responsibilities of Business and Business Ethics,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of PPT - Social Responsibilities of Business and Business Ethics is prepared as per the latest Commerce syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup