Question

30. 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.
a) Mani develops the understanding that a socially responsible business can be profitable. Is his understanding
correct. Explain.
b) From the text given above, identify the various interest groups towards Mr Raman jhunjhunwala is socially
responsible.

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Answer 1

Explanation:

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.

a) Mani develops the understanding that a socially responsible business can be profitable. Is his understanding

correct. Explain.

b) From the text given above, identify the various interest groups towards Mr Raman jhunjhunwala is socially

responsible