Chapter 4 social responsibility of business and government test answers

RBSE Solutions for Class 11 Business Studies Chapter 4 Trade Risk and Uncertainty

chapter 4 social responsibility of business and government test answers

Chapter 4: Social Responsibility of Business and Government. STUDY. Flashcards. Learn. Write. Spell. Test. PLAY. Match. Gravity. Created by. 13kaitlink .

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Forgot your login information? David A. In: Handbook of Strategy and Management. Chapter What are the Responsibilities of Business to Society? Whetten, D.

Mani is a young newspaper reporter and has been writing for almost six months on malpractices by business enterprises including such issues as misleading advertisements, supply of adulterated products, poor working conditions, environmental pollution, bribing government officials, and so on. He has started believing that business people tend to do anything to mint money. He happens to take an interview of Mr. Raman Jhunjhunwala, chairman of a leading truck manufacturing company which is known for its fair dealing with customers, employees, investors as well as other social groups. Through this interview, Mani develops the understanding that it is possible for a business enterprise to be socially responsible and ethically upright and, at the same time, be highly profitable. He then gets busy with studying more about the social responsibility of business and business ethics.

This raises two interesting characteristics of international law. The first is that "law" belongs to individual nations and international law only exists to the degree that individual nations are willing to relinquish their rights. The second is the lack of an adequate international judicial and administrative framework or a body of law which would form the basis of a truly comprehensive international legal system. The international business is also subject to political decrees made by governments both in "home" and "host" countries. Home governments can apply pressure not to deal with disapproved parties. These measures may take the refusal to grant an export licence, or withdrawal of export guarantee cover.

Social responsibility is the term given to the ethical framework that suggests that an individual or organisation has an obligation to act for the benefit of society as a whole. What do you know about the concept? Forgot your password? Speak now. Training Maker Discuss. Survey Maker Flashcards See All. Social Responsibiity- Chapter 4.



Social Responsibiity- Chapter 4

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3 COMMENTS

  1. Ranger G. says:







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  3. Inbrevintrap says:

    SAGE Reference - What are the Responsibilities of Business to Society?

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