ITFT - Social environment

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    22-Nov-2014

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Social Environment of India

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  • 1. SOCIAL ENVIRONMENT ITFT College 1 04/26/14
  • 2. CONTENT Meaning Social Responsibility of Business Towards Different Groups Arguments for Social Responsibility Arguments against Social Responsibility Business Ethics Consumerism Consumer Rights in India Consumer Protection Act ITFT College 2 04/26/14
  • 3. MEANING It includes the culture that the individual was educated or lives in, and the people and institutions with whom they interact. ITFT College 3 04/26/14
  • 4. SOCIAL RESPONSIBILITY OF BUSINESS the obligation of business enterprises to adopt policies and plans of actions that are desirable in terms of the expectation, values and interest of the society. ITFT College 4 04/26/14
  • 5. SOCIAL RESPONSIBILITIES TOWARDS DIFFERENT GROUPS ITFT College 5 04/26/14
  • 6. ARGUMENTS FOR SOCIAL RESPONSIBILITY Respond to the needs and expectations of Society Improvement of the Social Environment Discourages additional governmental regulation and intervention. Great Deal of Power ITFT College 6 04/26/14
  • 7. ARGUMENTS FOR SOCIAL RESPONSIBILITY Internal Activities have an impact on the External Environment Protects interests of Stockholders Creates a favorable Public Image Sometimes solve Societys Problems ITFT College 7 04/26/14
  • 8. ARGUMENTS AGAINST SOCIAL RESPONSIBILITY ITFT College 8 04/26/14
  • 9. BUSINESS ETHICS ITFT College 9 04/26/14
  • 10. CONSUMERISM It is a social as well as economic order which encourages the buying of goods and services in ever-greater amounts. ITFT College 10 04/26/14
  • 11. Right to Safety Right to Information Right to Choose Right to Represent Right to Redressal Right to EducationITFT College 11 04/26/14
  • 12. CONSUMER PROTECTION ACT It makes provision for the establishment of consumer councils and other authorities for the settlement of consumers' disputes and for matters connected therewith. ITFT College 12 04/26/14
  • 13. FEATURES Provide better protection to consumers It applies to the whole of India except Jammu and Kashmir. It applies to all goods and services unless otherwise expressly notified by the Central Government. ITFT College 13 04/26/14
  • 14. FEATURES More powerful, broad-based and effective and people- oriented. Effective safeguards to the consumers against different types of exploitationITFT College 14 04/26/14
  • 15. Questions Define social environment. COPRA? Business Ethics CSR Consumerism ITFT College 15 04/26/14