Introduction: -Business is a
part of society and should follow certain duties towards society. It is
obligation by business as it uses society's resources for business purposes.
Definitions:
- "The personal obligations of the people as they act in their own
interest to assure that the rights and legitimate interests of others are not
ignored." Defined by.......... (Koontz and O'Donnell)
Responsibilities towards community, Public in
General:
1. Providing
Employment Opportunities:
-Business should provide good job opportunities to
young and well educated people in society. Maximum efforts should be taken to
generate employment. It can be done by expansion and diversification
programmes. So that eligible people from society will get job opportunities.
2. To Prevent
Pollution:
-Working of business units results in air, water and
noise pollution. The carbon particles, dust, harmful gases, chemical create air
pollution. Harmful chemicals cause water contamination. Sound of machines from
factories can disturb the peace of residents. All types of pollution should be
controlled by adopting best possible measures.
3. Better and
Maximum Use of Resources:
-All types
of resources are ultimately owned by the society. Business should use scarce
natural resources such as raw materials of iron, steel, fuels etc. in proper
manner. It should be managed carefully.
4.
Helps to weaker Sections of Society: -Economically weak people need financial and medical help from
business unit. Business organization should try to uplift such section of
society. Certain jobs may be reserved for economically backward people.
Business unit Give donations to institutions which are providing such
facilities.
5.
Location
of Industries: -Industries
should be preferably located in industrial zones. It will minimize the adverse
effects on residential areas. They should avoid congestion
in cities by spreading industries in different places or locations.
6. Providing Help
at the time of Natural Calamities: -Business
units should provide financial assistance to public
at the time of natural calamities like floods, storms, earthquakes etc.
Business unit should take initiative in providing medical help, food, water and
construction of houses for these people.
7. Raising
Standard of Living of the society: -Business
units can contribute to increase the standard of
living of society. It includes construction and maintenance of roads, creating
public gardens, public library, running charitable hospitals etc. such
activities can change the outlook of society.
8. Protect anti-Social
activities:
-Business organization should not involve
any anti social activities like smuggling, association with underworld people,
bribing government people, etc. they should not support and provide financial
assistance to anti social elements.
9. Miscellaneous: -
·
To
help and develop small scale business.
·
To
look after the welfare of local community.
·
To
take steps for development of rural and backward regions.
To
rehabilitate the population affected by the operation of business if any.