Explain the following levels of Social Responsibility of Management (S

1.	Explain the following levels of Social Responsibility of Management (SRM)1. law level2. medium level
Answer» Levels of Social Responsibility of Management : (i) Lower Level - Social Binding or Duties : On this level , Manager obeys his duties and liabilities towards the society according to existing Laws and economic system . In this manager accomplishes social responsibilities due to boundness of legal rules , legal needs or own interest (Under Companies Act , 2013 Section 135) . (ii) Middle Level - Social Norms : On this level , management accomplishes his responsibilities due to social norms , values and expectations . They do not think about their Profit / Advantages and does social needs , some more than legal needs . They do from the spirit trustship and as good corporate citizens . But on this level they do not think on public problems (Skill Development Programme) .

Explain the following levels of Social Responsibility of Management (SRM)1. law level2. medium level

Answer»

Levels of Social Responsibility of Management :

(i) Lower Level - Social Binding or Duties : On this level , Manager obeys his duties and liabilities towards the society according to existing Laws and economic system . In this manager accomplishes social responsibilities due to boundness of legal rules , legal needs or own interest (Under Companies Act , 2013 Section 135) .

(ii) Middle Level - Social Norms : On this level , management accomplishes his responsibilities due to social norms , values and expectations . They do not think about their Profit / Advantages and does social needs , some more than legal needs . They do from the spirit trustship and as good corporate citizens . But on this level they do not think on public problems (Skill Development Programme) .

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