Business Studies, asked by bhattinargis77, 6 months ago

true or false
(iii) The only obligation of a business towards its employees is to pay them well so that they work
to their maximum capacity.
(iv) Water pollution is caused by dumping of garbage and toxic wastes.
(v) A business is a socio-economic institution.

Answers

Answered by alhamdrasul
12

Answer:

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Answered by ruchibs1810
0

Answer:

The answer is false, correct, and false.

It is not enough for a firm to only pay its employees salaries comparable to those of similar businesses.

Explanation:

(iii) Incorrect. A company's duty to its workers extends beyond just providing competitive wages. Benefits such as healthcare, retirement plans, and paid time off are all part of this. There should also be possibilities for professional growth and development, fair treatment, and a lack of prejudice. Also, a socially conscious company cares about its workers' ability to have a healthy work-life balance, their professional and personal development, and the company's effect on their families.

The fourth premise is correct. Many activities, such as the disposal of trash and harmful materials, contribute to water contamination. Dumping waste into water sources like rivers, lakes, and seas threatens aquatic life because it contaminates the water. Fish and other marine creatures may collect toxic compounds and heavy metals, which people may consume and cause health issues. The degradation of ecosystems and the loss of biodiversity are only two of the many adverse effects of water pollution.

labor(v) True. A company is more than a financial or monetary entity; it also has social and political ramifications. It benefits society by producing income and employment. Both good and bad effects on the community and the natural world may result from a company's operations. A responsible company, for instance, might aid in sustainable development by advocating for issues like human rights, social justice, and environmental protection. Nonetheless, a corporation that lacks responsibility may damage local people and the environment via unethical actions like labor exploitation and environmental pollution. This means that businesses have responsibilities to society and the environment in addition to their financial bottom line.

To learn more about employees, click on the given link.

https://brainly.in/question/48075506

To learn more about businesses, click on the given link.

https://brainly.in/question/19354395

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