Welcome to the NCERT Solutions for Class 11 Business Studies - Chapter Social Responsibilities of Business and Business Ethics. This page offers a step-by-step solution to the specific question from Exercise 1: Extra Questions, Question 1: . With detailed answers and explanations for each chapter, students can strengthen their understanding and prepare confidently for exams. Ideal for CBSE and other board students, this resource will simplify your study experience.
What is meant by Social Responsibility in Business?
Social responsibility in business refers to the ethical framework where businesses are expected to contribute positively to society while achieving their primary goal of profit generation. This concept emphasizes that businesses should operate in ways that enhance societal well-being, including addressing environmental concerns, ensuring ethical labor practices, and participating in community development initiatives.
NCERT questions are designed to test your understanding of the concepts and theories discussed in the chapter. Here are some tips to help you answer NCERT questions effectively:
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Read MoreWelcome to the NCERT Solutions for Class 11 Business Studies - Chapter . This page offers a step-by-step solution to the specific question from Extra Questions, Question 1: What is meant by Social Responsibility in Business?....
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