Question

State two social responsibilities of a business towards : Shareholders and Consumers

Answer 1

Answer:

If the management and the owner happen to be different, the managers have the following responsibilities towards the owners (the shareholders): (i) To ensure safety of the capital. (ii) To ensure proper dividend. ... (v) To ensure the proper utilisation of invested capital.

Answer 2

Answer:

The main responsibilities of business towards shareholders are:

To ensure safety or capital Investment. To provide equal opportunity to all the shareholders to participate in the management of the business as required by the law. To provide a fair and adequate return on shareholders' investment.

Explanation:

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