Home
Class 11
BUSINESS STUDIES
When business firms use eco-friendly met...

When business firms use eco-friendly method of production than they are performing social responsibilities for which group:

A

(a) customer

B

(b) employees

C

(c) community

D

(d) shareholders

Text Solution

Verified by Experts

The correct Answer is:
c.) community
Promotional Banner

Topper's Solved these Questions

  • SOCIAL RESPONSIBILITIES OF BUSINESS AND BUSINESS ETHICS

    SUBHASH DEY|Exercise Very Short Answer Question|16 Videos
  • SOCIAL RESPONSIBILITIES OF BUSINESS AND BUSINESS ETHICS

    SUBHASH DEY|Exercise Case Studies and HOTS|13 Videos
  • SOCIAL RESPONSIBILITIES OF BUSINESS AND BUSINESS ETHICS

    SUBHASH DEY|Exercise long Answer Type Questions|1 Videos
  • SMALL BUSINESS AND ENTERPRISES

    SUBHASH DEY|Exercise Long Answer Questions|11 Videos

Similar Questions

Explore conceptually related problems

Benevolent Pharmaceuticals Ltd. Board of directions always ensure that all the long term decisions are in accordance with the law of the country and moreover in the interest of the public and stakeholders . In a financial debate on CNN news channel, its Chairman explained as to how expenditure on fulfilling social responsibilities of their business is nt a burden. In the light of the above example , what are the different stakeholders in a business enterprise and what are the different ways by which responsibility towards each of them ought to be fulfilled by the mangement of the company ? Write a detailed explantory note.

Which molluscan group is primarily used in pearl production ?

Raman, Joginder, John, Iqbal and Shreya are friends. They are operating different businesses, Each one has his/her own concept regarding operating their businesses. Raman believes in producing products at a large scale, thereby decreasing the average cost of the products and selling it at a reasonable price. Joginder focuses on providing best quality products beccause he believes that a customer always wishes to buy a good quality product. The price of the product is secondary. John is of the belief most important aspect of business is sales and so he undertakes aggressive selling and promotional effort. Iqbal believes that his firm can achieve its goals only by identifying the needs of the customer satisfying them better than the competitors. Shreys feels that her firm has a responsibility towards the society as well. So she provides customer satisfaction along with using techniques which are environmental friendly. Identify and explain the marketing concepts followed by each of them.

Karan Nath took over D' north Motor Company from his ailing father three months ago. In the past, the company was not performing well Karan was determined to improve the company's performance He observed that the methods of production as well as selection of employees in the company were not scientific He believed that there was only one best method to maximise efficiency He also felt that once the method is developed, the workers of the company should be trained to learn that 'best method He asked the Production Manager to develop the best method and carry out the necessary training. The Production Manager developed this method using several parameters right from deciding the sequence of operations, place for men, machines and raw materials till the delivery of the product to the customers. This methods was implemented throughout the organisation. It helped in increasing the output, improving the quality and reducing the cost and wastage Identify and explain the principles and the technique of scientific management followed by the Production Manager in the above case