Enumerate the social objective of business
Answers
Answer:
Hope its helpful
Explanation:
Social objective are those objectives of business, which are desired to be achieved for the benefit of the society. Since business operates in a society by utilizing its scarce resources, the society expects something in return for its welfare. No activity of the business should be aimed at giving any kind of trouble to the society.
If business activities lead to socially harmful effects, there is bound to be public reaction against the business sooner or later. Social objectives of business include production and supply of quality goods and services, adoption of fair trade practices and contribution to the general welfare of society and provision of welfare amenities.
Answer:
business does not exist in a vacuum it is a part of society it cannot survive and grow without the support of society business must therefore discharge Social Responsibility in addition to earning profits according to henry font the primary aim of a business should be service and subsidiary AIMS should be earning of profit the social object of business are as follows
Explanation:
supplying desired goods and services at reasonable prices
supply of goods and services to consumers at a reasonable prices with an accepted quality is the responsibility of any business entity it is a social obligation of business to avoid Mal practices like smuggling black marketing Advertising
fair remuneration to employees
happy employee is only a productive employee hands employees must be given fire remuneration and compensation for their work in addition to ages and salary at reasonable part of profits should be distributed among the employees by the way of bonus
Employment generation
business should provide opportunities for gain employment to members of the society in a country like India unemployment has become a serious problem has and no government can I offer jobs to all therefore provision of adequate and full employment opportunities is significant service to the society
promotion of social welfare
business should provide support to all social and cultural and religious organisations business Enterprises can build so schools colleges libraries dharmashala's Hospital sports bodies and Research institutions that can help non government organizations like NGOs like C R Y child leave and you help page and others