CBSE > Class 11 > Business Studies 1 answers; Aaditya Sharma 2 years, 2 months ago. Krishan is a heart specialist.radhika is a child specialist and gauri ia 1 Answer +1 vote . CBSE Class 11 Business Studies. Best answer. SHARES. What are the social objectives of a business? .fnt { 1.production of quality goods. by Anuj William. Mention the classificationof objtives of business through chart. Name any 2 areas where SSLs feel threated enterprise. cbse; class-11; Share It On Facebook Twitter Email. Mr rajneesh sold his furniture and bike on olx as he was shifting base to London is this a business activity? State giving reasons wheather they are engaged in economic or non economic activities . margin-left: auto; Objectives represent the purpose for which an organisation has been started. Reading Time: 3min read 0. } .fnt { The progress of the business is linked with the progress of the society. 0. Social objectives of the business which are desired to be achieve for the benefit of society. The society provides regular market for goods and services of the business apart from factors of production. How would we define insurable interest in easy words ...??? 1. asked Apr 2 in Business Studies by Devanshi (67.2k points) What are the social objectives of business? Related Questions: What is government company .. Report ; Posted by S.A.L.O.N.I 17 hours ago. VIEWS. .center { 3.to provide employment. etc. answered Apr 2 by KavitaRoy (48.4k points) selected Apr 2 by Devanshi . 7. }, No software required, no contract to sign. A businessman may earn good profit by selling adulterated goods. 3.to provide employment. } padding: 5px; So, the business provides employment to the society. } 2 years, 3 months ago, Posted by Rashmi Singh 4 days, 20 hours ago, Posted by Sushila Baskey 3 days, 4 hours ago, Posted by Lipika Yadav 2 days, 20 hours ago, Posted by Tanishq Sharma 3 days, 15 hours ago, Posted by Khushi Singh 5 days, 1 hour ago, Posted by Neha Sharma 3 days, 19 hours ago, Posted by Sushila Baskey 5 days, 2 hours ago, Posted by Love Kumar Maratha 2 days, 15 hours ago, .btn { The objectives of business should not always be economic. Create questions or review them from home. To promote the progress of the society : Business is a part of the society. b. All the four children of MR. Madan mohan lal are doctors. socialresponsibility, cbse. 2.to charge fair prices. According to Henry Ford, “Service first and profit next should be the motto of every businessman.” Ruskin called it as, “Service first and fee second.” According to F. E. L. Bresh, “Business has no meaning unless to serve and satisfy a customer at a profit.” The social objectives of a business may be summarised as follows : Powered by Discourse, best viewed with JavaScript enabled. No doubt economic object is indispensable for existence and development, but economic objectives can be achieved only when a business has social standing. Investors invest money and bear risk. 1.production of quality goods. display: block; 1 Thank You. Is a physician Dr. Shyam join a multi specialist private hospital Dr.krishan established his own nursing home Dr. Radhika works in a government hospital and also treats in a poor people free of cost in a charitable dispensary Dr. Gauri opened a medical store where in she sells genune medicine getting the minimum profit margin. text-transform: none; 2.to charge fair prices. font-size: 14px; }, .btn { text-transform: none; But he cannot carry on his business for a long time like this. Social responsibility is the obligation of businessmen towards the society. With the development of business, the need for employees arises. Simply apply as teacher, take eligibility test and start working with us. 1, To provide regular and fair returns to investors : It is also a social objective of business to provide regular and fair returns to investors. Shyam is a skin specialist. CBSE Class 11 Business Studies Notes : Social Responsibilities of Buisness. Social Responsibility . Thus, the business needs the services of good employees. LMN Ltd. is feeling its income tax returns on time they are also updating their share holders about their projects and provide for return to them towards which interest group are they fulfilling there is possibility which values are being followed by the Co. Also explain in which form of the economic activities and non economic activities they have been engaged. Required desktop or laptop with internet connection, All Content and Intellectual Property is under Copyright Protection | myCBSEguide.com ©2007-2020, Explain the social objectives of business. No doubt economic object is indispensable for existence and development, but economic objectives can be achieved only when a business has social standing. ANSWER. In other words, the object of business should be to earn profit through social service. 11 views. Posted by Ajay Yaduvanshi 2 years, 3 months ago, Aaditya Sharma April 22, 2019. in CBSE. prasanna August 2, 2016, 3:44am #1. Production of quality goods : The objective of business is not only to provide goods to the society but also to provide goods and services of high quality. The objectives of business should not always be economic. Social objectives of the business which are desired to be achieve for the benefit of society. a. margin-right: auto; Which element of business is being referred to here? etc. padding: 5px; So, the investors must. Share on Facebook Share on Twitter. What type of share capital is also called "Risk capital"? The business should also try to improve the quality of goods and services continuously. font-size: 14px; To charge fair prices : The social objective of business is not only to provide quality goods to the, To provide employment : The social objective of business is also to provide employment to the society.