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Subjects

Business Studies

Responsibility towards different interest groups

In this Class 11 Business Studies topic, students explore how a business is responsible to different interest groups, including owners, employees, consumers, suppliers, government and society. They learn why business decisions should balance varied expectations rather than focus only on profit, and examine responsibilities such as fair treatment, product quality, timely payments, legal compliance, employee welfare and community well-being. The topic connects stakeholder responsibility with social responsibilities of business and ethical decision-making.

Easy · Level 1 · 21 questions

Practice questions

01Why is customer service important for a small business?

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02Why is it important to listen carefully to a customer’s complaint?

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03How should customer feedback be used?

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04Why is customer satisfaction important?

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05Why is quality important in business?

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06Why is customer feedback useful?

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07What is the main purpose of customer service?

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08How is completing work on time connected with customer trust?

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09Why is customer satisfaction important in business?

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10What is customer feedback used for?

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11What does a good entrepreneur do with a customer complaint?

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12Why is it important to focus on customer satisfaction along with earning profit?

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13What is the best reason for taking customer feedback seriously?

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14Why is maintaining quality important in business?

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15How can customer satisfaction be increased?

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16Why is after-sales support important in business?

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17Why is customer satisfaction important for an enterprise?

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18Why should an entrepreneur take customer feedback?

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19Why is after-sales service important?

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20If an entrepreneur is earning a profit but employee morale is declining, what should be addressed first?

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21Who is called a stakeholder in an enterprise?

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