What are benefits to society and nation by Company?

1.	What are benefits to society and nation by Company?
Answer» Benefit to society and nation: People invest in the shares, debentures and public deposits of the company. This induces saving habit. On the other hand they receive dividend and interest on their investment as income. The society gets advantage of employment and large scale production. Some companies also enhance the society by developing public gardens, schools and colleges, play grounds, art centers, etc. Companies pay crores of rupees to the government as taxes. This is then used by the government for the welfare of the country. Company provides several facilities to the employees.

Answer»

Benefit to society and nation:

People invest in the shares, debentures and public deposits of the company. This induces saving habit.
On the other hand they receive dividend and interest on their investment as income.
The society gets advantage of employment and large scale production.
Some companies also enhance the society by developing public gardens, schools and colleges, play grounds, art centers, etc.
Companies pay crores of rupees to the government as taxes. This is then used by the government for the welfare of the country.
Company provides several facilities to the employees.

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