This presentation discusses the social responsibilities of businesses. It defines social responsibility as activities conducted by businesses over and above legal requirements to benefit society. There are four types of responsibilities: discretionary, ethical, legal, and economic. Factors influencing social responsibility include management, shareholders, society, industry groups, government, politics, competitors, and resources. The presentation outlines responsibilities to shareholders, employees, consumers, society, competitors, government, and suppliers/creditors. These include fair treatment, environmental protection, community support, and compliance with laws. In conclusion, corporate social responsibility encourages businesses to consider stakeholders, the environment, and social wellbeing now and in the future.

1. Class- FY.BAF
Subject- Business Environment
Topic Of PPT- Social Responsibility Of Business
KEERTI PILLAI

2. PRESENTING PPT ON:-

3. SocialResponsibilitiesOfBusiness

4. IntroductionOf SocialResponsibilitiesOf Business
 Social Responsibility of a business can simply be defined as
activities that a business conducts over and above the statutory
requirements of a business for the benefit and welfare of the society
 According to Howard R. Bowen "Social Responsibility of business
refers to the obligation of business to pursue those policies, to make
those decisions or to follow those lines of action which are desirable
in terms of objectives and values of the society”

5. Theobligationthateverybusinessis subjectedto canbedividedintofourresponsibilities
 Discretionary Obligation- These refer to voluntary contributions made by a business
for the benefit of the society without any government intervention.
 Ethical Obligation - These obligations make a business responsible to follow and
respect the social and cultural norms laid down by the society
 Legal Obligation - It is the responsibility of every business to abide with the laws of the
county and follow the legal rules and regulations laid down by the government
 Economic Obligation- Since every business aims to earn profit, it is the responsibility
of every business to generate surplus cash and use it towards further development or
welfare of the society.

6. FactorsaffectingSocialResponsibilityof Business.
 Promoters and Top management
 Board of directors
 Shareholders
 Societal Factors
 Industry and Trade Associations
 Government and Legal System
 Political Influences
 Competitors
 Resources

7. Social Responsibilities towardsdifferentsections
in society

8. Social
responsibilities
of business
towards-
Share-
holder
Employees
Society
Government
Consumers
Competitors
Suppliers/
Creditors

9. TowardsShareholders
 To ensure safety of their investment.
 Regular payment of dividend and Timely payment of
loans
 To provide adequate information before investment
 To ensure a good public image
 To make good and profitable decisions to give a good
return on investment

10. TowardsEmployees
 Payment of Fair wages
 Providing a good working environment
 Providing proper training and education
 Providing fair performance appraisal and career growth opportunities
 Providing opportunity to participate in management decision making
 Providing adequate grievance handling, recreational and retirement
facilities

11. TowardsConsumers
 To provide goods and services at a reasonable price
 To ensure good quality in products
 To introduce new and innovative products by proper
research and development
 To not mislead the customer
 To provide adequate information about the product
 To provide good after sale services

12. TowardsSociety
 To take measures for maintaining environmental harmony
 To raise the standard of living of the society
 To help in development of backward areas and promote small
scale industries
 To help in economic development of the society
 To conserve the natural resources of the count
 To follow the norms and traditions laid down by the society
 To maintain a fairness and equity in recruitment and
compensation of manpower

13. TowardsCompetitors
 To have a healthy competitive spirit
 To not use unfair means to succeed in business
 To not harm or defame the competitors
 To not copy competitors strategy

14. TowardsGovernment
 Timely payment of taxes and duties
 To not involve in corruption
 To follow the norms and guidelines laid down by the
government
 To follow the legal system of the country
 To support the government in its public welfare initiatives

15. Towardssuppliers/creditors
 To make regular orders for purchase
 To deal on fair terms and conditions
 To Have a fair credit policy
 Timely payment of dues

16. Conclusion
Corporate social responsibility (CSR) encourages businesses
accountability to a wide range of stakeholders, shareholders, and
investors. The key are of concerns are the environment protection, and
the social wellbeing of people in society, both now and in the future.
CSR has a variety of policies such as giving to organization, providing
products and services to consumers, reducing harmful waste, and
treating their employees with moral ethics.
Corporate social responsibility is the best thing that was implemented
into businesses both large and small, in this was the environment and
society can be treated the way it supposed to, with respect. CSR is
something that everyone can benefit from, when businesses adopt its
policy.

17. THANKYOUSO MUCH!!