Question

NOIR Ltd. believes in corporate citizenship ideology. During Covid-19 it provided a financial aid to government to make medicines, machines, oxygen cylinders and make them available at rural parts of the country. Identify the type of social responsibility fulfilled by NOIR Ltd.

• A. Legal
• B. Ethical
• C. Economic
• D. Philanthropic

Hint:

Philanthropic responsibility includes charitable donations, community service, and social initiatives beyond what is required—often during times of crisis.

Answer 1

The Correct Option is D

Philanthropic social responsibility refers to voluntary activities undertaken by companies to improve the quality of life for the community and society. These actions go beyond legal and ethical obligations and are driven by the organization's desire to give back. In this case, NOIR Ltd. extended financial aid during a national crisis—Covid-19—not as a legal duty or for economic benefit, but out of concern for public welfare. The act of funding life-saving equipment and ensuring availability in rural areas clearly represents a philanthropic initiative.
Explanation of Other Options:

• (A) Legal: Refers to obeying laws and regulations—not applicable here.
• (B) Ethical: Involves doing what is morally right; while relevant, the action described goes beyond ethical obligation.
• (C) Economic: Involves profit-making responsibilities, which this act doesn’t target.