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Explain The Social Responsibilities of Entrepreneurs
Explain The Social Responsibilities of Entrepreneurs
Hence, the business has specific responsibilities for the local community and place, where the business is
performed.
Every enterprise, are either in private or the public sector should make efforts to improve the conditions of the
public of the surrounding areas, should arrange employment for unemployed and should help the needy
person.
The business or entrepreneur is a part of society. Business is performed in the society, for the society, with
resources of the society. The society also provides the opportunity for development and expansion of the
business.
social
responsibility of entrepreneurs towards society & local community
Hence, the business has specific responsibilities for the local community and place, where the business is
performed.
Every enterprise, are either in private or the public sector should make efforts to improve the conditions of the
public of the surrounding areas, should arrange employment for unemployed and should help the needy
person.
So, the responsibility of the entrepreneur is that the factory may be established at a fair distance from the
residential areas may shift the factories to distant places from the residential areas.
Besides, arrangements may also be made to reduce the menace of polluted water and smoke, etc.
For that may provide help in the establishment of new schools, parks, hospitals and rest houses, etc.
He should invest capital in such business which may provide employment to a large number of people.
The business has also the responsibility of providing employment to the members of the community.
Besides, encouragement may be provided for various socially useful programs of the country, like, family
welfare and small savings, etc.
The superpowers have even started the project of the formation of shape human society.
The entrepreneur should not Resort to undesirable activities, like smuggling, etc.
Besides, he should not undertake activities that have adverse effects on the businessman of those countries.
All types of cheating should be avoided, or else I reduce the prestige of the country also.
In such circumstances, the responsibility of the entrepreneur is that they increase their dealings with the
businessmen of various countries, so that world peace may flourish.