1.

Give one word/phrase/term for the following statementi. Name the philosophy related to social responsibility propounded by Mahatma Gandhi.ii. Duties, obligations of business directed towards welfare of society.iii. Getting good quality products is the basic right of this group of society.iv. Providing fair returns on investment is the responsibility of organisation towards this group.v. Rules of standard dealing with morality in business environment.vi. An activity motivated by profit.vii. Earning foreign exchange is the responsibility of the organisation towards this group.viii. Employment generation is the responsibility of the organisation towards this group.

Answer»

i. Trusteeship

ii. Social Responsibility

iii. Consumers

iv. Investors

v. Business Ethics

vi. Business

vii. Government

viii. Society



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