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Subjects

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.

Medium · Level 1 · 12 questions

Practice questions

01On what basis should the success of a sustainable enterprise be measured?

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02How can an entrepreneur contribute to society?

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03What can be the aim of social entrepreneurship?

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04What is the main objective of social entrepreneurship?

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05What is the correct relationship between profit and social responsibility?

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06What is the correct meaning of social responsibility in business?

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07If an entrepreneur looks only at profit and ignores customer safety, what is lacking?

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08An entrepreneur only focuses on profit and ignores social impact. Which weakness does this show?

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09In which situation will an entrepreneur's decision be considered most sustainable?

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10How can the main objective of a social enterprise be identified?

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11An entrepreneur must choose between higher profit that harms society and lower profit that benefits society. Which option reflects sustainable thinking?

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12Which thinking is shown by fulfilling social responsibility along with earning profit?

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