Commerce Exam > Commerce Videos > Business Studies (BST) Class 11 > Social Responsibility of Business
Social Responsibility of Business Video Lecture | Business Studies (BST) Class 11 - Commerce
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37 videos|142 docs|38 tests
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FAQs on Social Responsibility of Business Video Lecture - Business Studies (BST) Class 11 - Commerce
| 1. What is the importance of social responsibility in business commerce? |  |
Ans. Social responsibility in business commerce is important as it helps companies contribute positively to society, build a good reputation, attract and retain customers, and create a sustainable business model.
| 2. How can businesses incorporate social responsibility into their operations? | |
Ans. Businesses can incorporate social responsibility into their operations by implementing ethical business practices, supporting community initiatives, reducing their environmental impact, and promoting diversity and inclusion.
| 3. What are some examples of social responsibility initiatives that businesses can undertake? | |
Ans. Some examples of social responsibility initiatives that businesses can undertake include donating a portion of profits to charity, implementing fair labor practices, reducing carbon emissions, and supporting local communities through volunteer programs.
| 4. How does social responsibility benefit businesses in the long run? | |
Ans. Social responsibility benefits businesses in the long run by enhancing their brand reputation, increasing customer loyalty, attracting top talent, reducing risk, and improving financial performance.
| 5. How can consumers support businesses that prioritize social responsibility? | |
Ans. Consumers can support businesses that prioritize social responsibility by choosing to purchase products and services from socially responsible companies, sharing positive experiences with others, and actively engaging with companies on social media to encourage responsible practices.
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About this Video
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Dec 23, 2024 Last updated |
Video Description: Social Responsibility of Business for Commerce 2024 is part of Business Studies (BST) Class 11 preparation.
The notes and questions for Social Responsibility of Business have been prepared according to the Commerce exam syllabus.
Information about Social Responsibility of Business covers all important topics for Commerce 2024 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Social Responsibility of Business.
Introduction of Social Responsibility of Business in English is available as part of our Business Studies (BST) Class 11 for Commerce & Social Responsibility of Business in
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Video Lecture & Questions for Social Responsibility of Business Video Lecture | Business Studies (BST) Class 11 - Commerce - Commerce full syllabus preparation | Free video for Commerce exam to prepare for Business Studies (BST) Class 11.
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