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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.

Medium · Level 1 · 5 questions

Practice questions

01Why is it important to maintain customer trust while earning profit?

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02In which situation should an entrepreneur immediately prioritize customer satisfaction?

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03Why is regularly recording customer complaints important for an enterprise?

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04An entrepreneur adds a feature so that customers with disabilities can use the service easily. What does this show?

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05A company prints correct ingredient information on the packet. Which social aspect does it fulfil?

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