Question

8. ABC Chemicals Limited has become the leader in manufacturing and sale of 4 e- saving drugs in

India. It provides medicines as per the prescribed standards and always prints correct dates of expiry on

each batch of drugs. Every month, it organizes free medical camp for the residents of Mumbai slums. It

strictly follows the provisions of Environment Protection Act. Mean Refineries (P) Ltd. has its factory in

the midst of the over polluted old Delhi area. Its license under the Air Pollution Control Act has expired

and it has crossed the emission standards of pollution. It creates lots of nuisance and dirt in the area and

sells low quality oil at high rates. Study the given facts and answer:

(a) Which two social responsibilities have been overlooked by Mean Refineries?

(b) What two values have been preserved by the chemical company that are essential in the long term

interest of the company?

(c) What is the social responsibility of both the companies towards the government​

Answer 1

Answer:

ABC Chemicals Limited has become the leader in manufacturing and sale of 4 e- saving drugs in India. It provides medicines as per the prescribed standards and always prints correct dates of expiry of each batch of drugs. ... It creates lots of nuisance and dirt in the area and sells low quality oil at high rates.

Answer 2

(a) Mean refinery have overlooked.

(i) Social responsibility towards customers.

(ii) Social responsibility towards community/environment.

(b) Values of ABC Chemical Ltd. As fulfilling social responsibilities towards.

(i) Government (ii) Customer