Question:

The social responsibility of Management is

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Management must balance interests of employees, government, society, and environment.
  • Towards employees
  • Towards government
  • Towards all
  • None of these
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The Correct Option is C

Solution and Explanation

Step 1: Meaning of social responsibility.
Management has duties not only to owners but to all stakeholders.
Step 2: Stakeholders include.
- Employees (fair wages, welfare).
- Government (compliance with laws, paying taxes).
- Society (environment protection, consumer safety).
Step 3: Option analysis.
- (A) Towards employees: True but limited.
- (B) Towards government: True but partial.
- (C) Towards all: Correct, responsibility is comprehensive.
- (D) None of these: Wrong.
Step 4: Conclusion.
The social responsibility of management extends towards all stakeholders.
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