Social Responsibilities of Business towards Community

What is one of the major areas where business can contribute towards community welfare as a part of its social responsibility?

• Building exclusive clubs for the elite

• Introducing self-help and earn-while-you-learn programmes in rural areas

• Providing entertainment services

• Investing in luxury goods production

What role can a large business house play in agricultural development as a social responsibility?

• Promoting deforestation

• Conducting surveys on climate and soil conditions

• Providing full-time employment to urban labor force

• Supporting industrial growth in urban areas

What is a social responsibility of business in the sphere of housing facilities?

• Providing financial aid and material support for home building practices

• Investing in luxury apartments for the wealthy

• Building exclusive gated communities

• Developing high-end shopping malls

How can business and other agencies help the government in the field of transportation?

• Increasing toll charges for public transport

• Developing cheap public transport and enhancing road capacity

• Promoting private vehicle ownership

• Reducing road capacity to ease traffic congestion

What responsibilities do business organizations have towards improving the quality of the community?

• Distributing free luxury items to the community

• Promoting pollution and waste generation

• Improving drainage system and providing clean drinking water facilities

• Encouraging unhealthy living habits

What is a part of the modern social responsibility of business towards education in urban areas?

• Providing financial aid only to elite educational institutions

• Discouraging students from pursuing higher education

• Supporting educational programs, especially technical education

• Promoting illiteracy and lack of education

What is the purpose of a social audit in assessing the social performance of a business?

• To hide the social impact of business activities

• To avoid any accountability towards society

• To evaluate the financial performance of the business

• To show how the company discharges its responsibilities to various stakeholders

What should be the first step in a social audit process according to the text?

• Explain the circumstances leading to actions

• Conduct an evaluation of the performance

• Itemize all activities with potential social impact

• Examine the relationship between goals of the firm and society

What should business accept as a trustee for the goods and services it produces?

• Responsibility only towards shareholders

• Responsibility towards shareholders and government only

• No responsibility towards anyone

• Responsibility towards shareholders, customers, employees, community, and government

What should business endeavor to do in relation to civil affairs and the community?

• Promote wasteful expenditure and ostentatious display

• Ignore the needs of the community

• Avoid any involvement in civil affairs

• Create better living conditions and promote amenities