Question

2. There is a group discussion taking place in Class XI regarding Social
Responsibility of Business. Vandana feels that a business should be
socially responsible towards the society as it exists in the society
while Riya is against it as the basic objective of a business is to earn
profit
Justify Riya's view point by giving reasons.​

Answer 1

Justification of Riya's point on the "aspect of business" as a profitable organization is listed below.

Explanation:

• The motive of a business is to earn money, which will indeed help the investors for their investment.

• "People welfare organization" and "NGOs" can only run an organization/business with the donation for societal concerns.

• Making a profit in a business will help to expand it more and invest them in a more profitable purpose.

• Profit from a business can help us to get finances and investors for further development of the company.