Question

Social responsibility of management is

• A. Towards all
• B. Towards employees only
• C. Towards the government
• D. None of these

Hint:

Social responsibility in management means maintaining a balance between economic objectives and social welfare for all stakeholders.

Answer 1

The Correct Option is A

Step 1: Understanding social responsibility.
Social responsibility refers to the ethical obligation of management to act in the interest of society and various stakeholders — not just the organization.
It involves ensuring fairness, sustainability, and positive contributions to the community.
Step 2: Scope of responsibility.
The management’s responsibility extends towards:
- Employees: Ensuring fair wages, safe working conditions, and career growth.
- Customers: Providing quality products and services.
- Government: Adhering to laws and paying taxes.
- Environment: Preventing pollution and promoting eco-friendly practices.
- Society at large: Supporting education, health, and social welfare.
Step 3: Why it is towards all.
Management must balance the interests of all stakeholders for sustainable growth and public trust.
Focusing only on one group, such as employees or government, limits ethical responsibility.
Step 4: Analysis of options.
- (1) Towards all: Correct — includes employees, government, customers, and society.
- (2) Towards employees only: Incorrect — too narrow.
- (3) Towards the government: Partial, but not complete.
- (4) None of these: Incorrect.
Step 5: Conclusion.
Thus, the social responsibility of management is towards all.