Entrepreneurship management (CSR)

1. Social Responsibility Of
Business
SUBMITTED BY:-
PRIYANSHU JOSHI
PADAM SINGH
MAYANK SHARMA
PRANAV DOGRA
PRAMEYA RAWAT
NIKHIL KATARIA
SUBMITTED TO:-
MONIKA SHARMA
MA’AM

2. Social Responsibilities of Business
• Social responsibility is the company’s mission to be
responsive to social needs by earmarking a part of its
resources so that they may be allocated for achieving
social goals and tackling social problems.
• There are many situation where social responsibility of
business becomes necessary like to create good
corporate image, social commitment, because of legal
provision etc.
• India Mandates Corporate Social Responsibility: The 2
Percent Bill. In August, the government of India passed
controversial legislation that requires large companies
to spend at least 2 percent of their profits every year on
corporate social responsibility (CSR).

3. Need for social responsibility
• To create good corporate image.
• To comply with legal provisions.
• Nature calamities etc.
• To improve product positioning.

4. H.S.Singhania classifies the nature of S.R. of
business into 2 categories
• Manner in which a business carries out its own
business activity
• The welfare activity that it takes upon itself as an
additional function.
Welfare education activities

5. Social
responsibility
of business
Shareholders
Global Env.
Employees
Govt.
Local
Community
Consumers

6. Social responsibility of Business towards
different groups
I) Responsibility towards the consumers.
• Provide quality product at fair price.
• Produce using proper quality materials.
• Produce using appropriate technology.
• Provide proper service.
• Commitment to customer satisfaction.
• R & D for better & new products
• Steps to remove imperfection in distribution
system (check middle man)
• Ensure product has no adverse effect.
• Provide sufficient information, risks & care to be
taken.
• Avoid misleading by improper advertisements.
• Redress genuine grievances.
A happy customer is a loyal customer

7. II) Social Responsibility to shareholders
• Safeguard the capital of shareholders.
• Provide a reasonable dividend.
• Transparency and access to required
information.

8. III) Social Responsibility to community
• To solve problem of unemployment
• To develop infrastructure of country
• To help in natural calamities
• Taking appropriate steps to prevent environmental
pollution & to preserve the ecological balance
• Rehabilitating the population displaced by the
operation of the business.
• Taking steps to conserve scare resources &
developing alternatives where ever possible
• Improving efficiency of business operations
• Contributing to R &D
• Development to backward areas

9. IV) Responsibility to Human Resources
• Fair wages to employees
• Provide good career prospects
• Care for the welfare for employees
• Best working conditions
• Establishment of fair work standards & norms
• Arrangements for proper training & education and
development
• Proper system of promotion
• Recognition, appreciation & encouragement of special
skills& capabilities
• Efficient grievance handling system
• Participation in management decision

10. VI) Responsibility to Government
• To pay taxes, duties in time
• To cooperate with government in their social
policies and programmes
• To obey all laws and acts
VII) Social Responsibility
environment
such
to Global Business
a global
• To adhere to the conditions of
environment
• To satisfy global customer needs

11. Barriers to social
responsibility
• Urge for profiteering
• Desire for excessive accumulation of
wealth
changing government
• Low profitability
• Frequently
mechanism
• Need for tackling other important internal
issues .
• Recession and depression

12. Social service activities undertaken by
BP
• Infrastructure Development
– Provision of Tube Wells etc for drinking water
and irrigation
– Construction of multipurpose community
centres
– Balwadi (for primary education)
– Health Care
– Sanitation
– Provision for alternate sources of Energy e.g.
solar energy

13. • Education Support
– Provision for uniforms and teaching material.
– Food supplements
– Educational Scholarships to economically
backward children.
• Health Care
– Regular health checkup for villagers
– Provision of free medicines for minor ailments
welfare and general
– Guidance on family
health care
– Free dispensaries.

14. women on
• Skill Enhancement
– Modern farming practices
– Distribution of fruit saplings
– Veterinary camps
– Distribution of smokeless chulhas.
– Organizing regular lectures for
family life and education

15. THANK YOU FOR YOUR
PATIENCE