The document defines social responsibility of business as pursuing policies, decisions, and actions that are desirable to society's objectives and values according to H.R. Bowen. It identifies the need for social responsibility as maintaining corporate image, organizational survival, balancing economic and social objectives, gaining government support, and addressing trade union pressures. The areas of social responsibility are identified as employees, shareholders, customers, society, government, suppliers, and financial institutions with specific responsibilities to employees including job security, compensation, working conditions, health and safety, personnel policies, participation in management, and recognizing workers' unions.

1. SOCIAL RESPONSIBILITY OF BUSINESS

2. DEFINATION
 H.R.bowen defines “Social responsibility of
business refers to the obligation of business
to pursue those policies , to make those
decisions, or to follow those lines of actions,
which are desirable in terms of objectives
and values of our society.

3. NEED FOR SOCIAL RESPONSIBILITY
1. CORPORATE IMAGE
2. SURVIVAL OF THE ORGANISATION
3. USE OF RESOURCES
4. BALANCE BETWEEN ECONOMIC AND
SOCISL OBJECTIVES
5. CONCEPT OF TRUSTEESHIP
6. CHANGE EXPECTATIONS OF THE SOCITY
7. TRADE UNION PRSSURE
8. SUPPORT OF GOVERNMENT

4. AREAS OF SOCIAL RESPONSIBILITIES OF
BUSINESS
1. EMLOYEES
2. SHAREHOLDERS
3. CUSTOMERS
4. SOCIETY
5. GOVERNMENT
6. SUPPLIERS
7. FINANCIAL INSTITUTIONS

5. RESPONSIBILITY TOWARDS EMPLOYEES
1. JOB SECURITY
2. MONETARY FACTORS
3. WORKING CONDITIONS
4. HEALTH AND SAFETY MEASURES
5. PROPER PERSONNEL POLICIES
6. WORKERS PARTICIPATION IN
MANAGEMENT
7. RECOGNITION OF WORKERS’ UNION