Q-2) "Easy living" is a popular fast moving consumer goods company (FMCG) in India. As per policy, the company is committed to function and develop its business in a socially responsible way
(3)
In the context of this case a) What do you understand by socially responsible way" b) Suggest any two ways in which the company can prove to be socially responsible.
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a) Socially responsible means that a business takes care of the third parties in such a way that their business decisions doesnot harm anyone outside their business organisation . Moreover , the business also has to take care of their employees and staff when performing activities. Overall it means a business doesn't produce negative externalities . Sustainable environment.
b) 1) Educate the employees .
2) Encourage Volunteering
3) Ethical labor practices
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