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Business Studies

Concept of social responsibility

In this Class 11 Business Studies topic, students explore the concept of social responsibility as a business’s commitment to consider the interests of society while pursuing its objectives. The lesson explains how responsibilities extend beyond profit to customers, employees, investors, government, the community and the environment. It also helps learners distinguish social responsibility from business ethics and understand why responsible decisions support trust, sustainable development and long-term business relationships.

Easy · Level 1 · 5 questions

TOPIC PRACTICE

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  1. Considers social and environmental welfare while earning profit
  2. Focuses only on maximising profit
  3. Increases sales by giving misleading information to customers
  4. Ignores legal and ethical rules
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  1. Giving correct information to customers and maintaining quality
  2. Making false promises
  3. Not providing service on time
  4. Suppressing complaints
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  1. Solve a social problem while earning sustainable income
  2. Only increase personal luxury
  3. Avoid the law
  4. Mislead customers
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  1. Selling only the most expensive product
  2. Solving a social problem along with earning profit
  3. Hiding customer complaints
  4. Not training employees
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  1. A profitable venture that provides jobs to rural women
  2. A shop selling only expensive goods
  3. A group spending without purpose
  4. An organisation focused only on advertising

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