Social Responsibility of Business and Business Ethics — Important Questions
ICSE · Class 11 · Commerce
65 important questions from Social Responsibility of Business and Business Ethics for ICSE Class 11 Commerce, with answers.
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Important Questions from Social Responsibility of Business and Business Ethics
Which group is included in the International Seminar, 1965, New Delhi definition of social responsibility?
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Customers, workers, shareholders and the community
The definition states that business has responsibilities towards customers, workers, shareholders and the community.
Which of the following is a responsibility of business towards itself or owners?
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Efficient conduct of business
Business must operate efficiently and effectively as part of its responsibility towards itself and its owners.
Which of the following is a responsibility towards customers?
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Producing quality goods at fair prices
Customers should receive quality goods at fair prices, along with objective handling of complaints.
Which of the following is a responsibility of business towards workers?
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Full wages and good working conditions
Workers require full wages, good working conditions, job security and social security benefits.
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