Meaning of Social Responsibility

Q.

Which of the following statements is correct about social responsibility?

1. Social responsibility is the use of a society's resources to help solve various social problems.

2. Social responsibility is the use of a business's resources to help solve social problems and achieve social goals.

3. Social responsibility is the use of a government resources to achieve social goals.

4. None of these

Q.

CSR stands for

1. Customer Satisfaction Ratios

2. Corporate Sales Returns

3. Customer Sales Ratios

4. Corporate Social Responsibility

Q.

King Hammurabi introduced a code in which builders, inkeepers or farmers were put to death if their negligence caused the death of others.

1. False

2. True

Q. State with reasons whether the following statements are True or False.

Social environment consists of factors related to the management of public affairs.

Q. Social responsibility is broader than legal responsibility.

1. True
2. False

Q. Social responsibility relates to the voluntary efforts on the part of a businessman to contribute to social well-being.

1. False
2. True

Q. A businessperson shouldn't recognise and understand the aspirations of society in which they carry on their business.

1. True
2. False