This document discusses the social responsibilities of businesses. It notes that businesses use resources from society at low costs but sell products at high prices, so they have a duty to give back through donations or solving social problems. However, businesses argue they have limited resources and international competition could cause costs to rise. The document outlines how businesses should be responsible to consumers, employees, investors, and the community by maintaining quality, handling complaints, providing safe working conditions, and helping weaker sections of society. It defines corporate social responsibility and notes the new law in India requiring large companies to spend 2% of profits on CSR activities.

3. Social conscience is
“A sense of responsibility or concern for
the problems & injustices of society”

8. Some laws are made in India to reduce
pollution and mal practices like adulteration, black marketing
etc. So, businessman must follow these rules and regulations
and after this only , he can save himself from government
penalties. POLLUTION & CORRUPTION

9. PUBLIC EXPECTATIONS FROM BUSINESS
In the modern time, it may be argued that
businessman should fulfil the
expectations of public .Business
gets raw material from society at
very low cost and after producing
and manufacturing , he sells at
high prices. So, it is the duty Of
businessman to share his some
profit in the form of donation.
LOW COST
HIGH PRICE
SHARING OF
PROFIT

10. Many wise persons from society give
argument that business has skill , experience
and money resources and innovative mind .
If these resources will be used to solve social
problems , then society can be rich within
some year .

11. WHY? WHY? WHY DO I
HAVE TO PRETEND TO
CARE WHEN I DON”T?
I DON”T!

12. Business has already limited resources. So , if the
resources of business will be used in social work, then,
business activity may slow down and business's
expenses will increase and it will affect the business
inversely.

13. One of important argument given by Indian businessmen that they
have to face international competition . After adopting some social
work , it will increase the expenses of the business and then the
prices of their product and after competition the business will fail
and foreign companies will win in competition.
INDIAN COMPANYFOREIGN COMPANY

15. BUSINESS
CONSUMER
EMPLOYEES
INVESTORS
COMMUNITY
SOCIAL RESPONSIBILITY OF BUSINESS TOWARDS DIFFERENT
SECTIONS OF SOCIETY

16. Production of safe items by maintaining
quality standard.
To handle consumer complaints
and grievances quickly.
To design and develop the product keeping in mind the
needs and requirements of the consumers.

17. Providing good and safe working
conditions.
Providing opportunities for
personal growth and development.

19. TO PROTECT THE ENVIRONMENT FROM
ALL TYPES OF POLLUTION
TO PROVIDE MORE EMPLOYMENT
OPPORTUNITIES.
TO HELP THE WEAKER SECTION OF
THE SOCIETY AND TO PRESERVE SOCIAL
AND CULTURAL VALUES.

20. Corporate social responsibility (CSR) is a business
process which signifies that for any business or a firm
it is important that they work for a social cause.
CORPORATE SOCIAL RESPONSIBILITY

21. In India, the concept of CSR was passed by both
houses of the parliament, and had received the
assent of the president of India on 29 august 2013
the new companies act requires all company with Rs.
500 cr or more. Net worth or Rs. 1,000 Cr or more.
turnover to spend 2% of annual profit on CSR.
the company can implement its CSR activities
through the following methods:
directly on its own.
through its own non-profit foundation.

23. CSR
Activities
EMPLOYMENT
GENERATION
POLLUTION
GENDER
EQUALITY
CONTRIBUTION
TO PM RELIEF
FUNDS
SUSTAINABLITY
OF
ENVIRONMENT
EDUCATION

27. F
M

29. Maruti Suzuki generated employment for about 400
engineers recently.

30. POLLUTION

31. • Customers are attracted to socially
responsible companies
• Helps to attract investors on a better scale.
• A source of assistance to the government and
its problems.
• To promote better relationship and
understanding between the employer and the
employees.

32. Business has a responsibility to
give back to the society. As our
business grows , social
responsibility towards society also
grows.

33. Prime minister Modi has
also mentioned in his
speech on independence
day, 15 august 2014
about CSR of business. He
encourage the industrialist
& business houses to
perform Social
Responsibility like building
up of toilets.

35. SOCIAL RESPONSIBILITY
PROFIT