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Which of the following are part of Corporate Social Responsibility (CSR) to consumers?  a) Reasonable chances and the proper system for accomplishment and promotion  b) To supply goods at reasonable prices even when there is sellers market  c) Improving the efficiency of the business operation  d) To provide an opportunity for being heard and redress genuine grievances  Choose the correct answer from the options given below 

Which of the following are part of Corporate Social Responsibility (CSR) to consumers?  a) Reasonable chances and the proper system for accomplishment and promotion  b) To supply goods at reasonable prices even when there is sellers market  c) Improving the efficiency of the business operation  d) To provide an opportunity for being heard and redress genuine grievances  Choose the correct answer from the options given below  Correct Answer b) and d)

Corporate Social Responsibility (CSR):

  1. Corporate social responsibility (CSR) is a type of business self-regulation with the aim of being socially accountable.
  2. There is no one "right" way companies can practice CSR; many corporate CSR initiatives strive to positively contribute to the public, the economy or the environment.
  3. In today's socially conscious environment, employees and customers place a premium on working for and spending their money with businesses that prioritize CSR. 

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The responsibility towards consumers that Corporate Social Responsibility includes is as follows:

  • To provide goods of standard quality
  • To charge fair prices i.e., to supply goods at reasonable prices even when there is a seller's market 
  • To provide prompt and courteous after-sale services
  • To handle consumer complaints and grievances quickly.
  • To avoid unfair trade practices like adulteration, black marketing, and hoarding.

Reasonable chances and the proper system for accomplishment and promotion also improving the efficiency of the business operation are the management responsibilities.

Therefore, to supply goods at reasonable prices even when there is a seller's market and to provide an opportunity for being heard and redress genuine grievances are part of Corporate Social Responsibility (CSR) to consumers.

Related Questions

Which of the following are part of Corporate Social Responsibility (CSR) to consumers?
1. Reasonable chances and proper system for accomplishment and promotion
2. To supply goods at reasonable prices even when there is seller's market
3. Improving the efficiency of the business operation
4. To provide an opportunity for being heard and redress genuine grievances
Statements followed by some conclusions are given below. Statements: 1. Demand and supply determine the prices of goods and services. 2. When there are too many buyers, prices are pushed up and too many sellers push down prices. Conclusions: I. Buyers and sellers determine the prices. II. Price discovery is market driven. Find which of the given conclusions logically follows from the given statements. A. Only conclusion I follows B. Only conclusion II follows C. Both I and II follow D. Neither I nor II follows
Statements followed by some conclusions are given below. Statements : 1. Demand and supply determine the prices of goods and services. 2. When there are too many buyers, prices are pushed up and too many sellers push down prices. Conclusions : I. Buyers and sellers determine the prices. II. Price discovery is market driven. Find which of the given conclusions logically follows from the given statements.
A statement is given below in the question followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Statement: Hindustan Unilever and Nestlé plan to selectively increase prices of their products to take into account higher crude oil and petrol costs, the rupee’s depreciation against the dollar and more expensive commodities such as wheat. If crude remains where it is and if the rupee has depreciated, of course, there are headwinds as far as costs are concerned. I. Nestlé India’s logistics providers are looking to renegotiate rates after record-high petrol and diesel prices. Nestlé declined to comment on when and by how much prices would increase.  II. Nestlé commented that HUL had dropped prices in November after the Goods & Services Tax was introduced last year and an increase in prices now would likely not hurt consumers.  III. Petrol prices have crossed Rs 90 a litre in Mumbai on increasing global prices of crude oil, of which India is a net importer, further impacted by the falling rupee. Crude derivatives, which are key inputs for FMCG companies, and petroleum derivatives used in packaging material including bottles and tubes, have also become more expensive.
With reference to the Corporate Social Responsibility (CSR), which of the statements is/are correct? 1. Companies Act 2014, introduces mandatory CSR. 2. Companies covered under this will have to spend at least one percent of their annual net-profit in the activities under CSR. Select the correct answer using the codes given below:
Shopping goods have which of the following features?
I. These products are generally durable in nature
II. Consumers generally compare the goods of various sellers and the buy such goods
III. Per unit price of these goods is generally high
IV. These goods are regularly and continuously in demand
V. These goods are sold as a result of aggressive promotional efforts
Choose the right answer from the options given below:
Shopping goods have which of the following features? a) These products are generally durable in nature b) Consumers generally compare the goods of various sellers and then buy such goods c) Per unit price of these goods is generally high d) These goods are regularly and continuously in demand e) These goods are sold as a result of aggressive promotional efforts Choose the right answer from the option given below:
Where will Ram Nath Kovind present the National Corporate Social Responsibility Awards (NCSRA) to select companies for their outstanding contribution in area of Corporate Social Responsibility (CSR) in October 2019?
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With this exercise, I believe we can help students bridge their divides and replace anger and distrust with compassionate connections – just as I witnessed betweenShirley and Tiffany.
Shirley returned to class after a brief hiatus, keeping a cool distance from Tiffany. But over the weeks spent together they gradually came to know each other. They practiced seeing and listening, sharing stories so different that they felt bewildered as to how they could overcome the gap. But they found that acknowledging their
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In assessments of these classes, students say that these small groups become “healing communities,” where we overcome victimization and claim agency. Healingoccurs as we transcend an “us vs. them” mentality, crossing borders and forging connections. These communities show a way of reducing intergroup prejudice andfostering inclusion based in psychology research and pedagogical practice. What makes the others well-being a moral responsibility for us?
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