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Name of Student: Dheeraj Dawar

Enrollment: 02280301714

BBA Semester II
{Evening Shift}

Batch: 2014 2017

Subject Code: BBA 102

Subject: Business Organisation


ACKNOWLEDGEMENT
I offer my sincere thanks and humble regard to Rukmini Devi Institute of advance studies
,GGSIP University , New Delhi for imparting us very valuable professional training in BBA.

I pay my sincere regard to Ms. Shikha Dua my project guide for giving me the cream of her
knowledge. I am thankful to her as he has been a constant source of advice, motivation and
inspiration. I am also thankful to her for giving his suggestion and encouragement throughout the
project work.

I take the opportunity to express my gratitude and thanks to our computer Lab staff and library
staff for providing me opportunity to utilize their resource for completion of the project.

I am also thankful to my family for constantly motivating me to complete the project and
providing me an environment which enhanced my knowledge.

Dheeraj Dawar

BBA 2nd Evening


QUESTION
The concept of social responsibility is ultimately in the interest of business
community itself. Do you agree? Give reasons in context of Infosys limited.
Social responsibility

Social responsibility is an ethical frame suggests that an entity, be it an organization or


individual, has an obligation toast for the benefit of society at large. Social responsibility is a
duty every individual has to perform so as to maintain a balance between the economy and the
ecosystems. A trade-off may [citation needed] exist between economic development, in the
material sense, and the welfare of the society and environment. Social responsibility means
sustaining the equilibrium between the two. It pertains not only to business organizations but also
to everyone whos any action impacts the environment. is responsibility can be passive, by
avoiding engaging in socially harmful acts, or active, by performing activities that directly
advance social goals. Businesses can use ethical decision making to secure their businesses by
making decisions that allow for government agencies to minimize their involvement with the
corporation. For instance if a company follows the United States Environmental Protection
Agency (EPA) guidelines for emissions on dangerous pollutants and even goes an extra step to
get involved in the community and address those concerns that the public might have; they
would be less likely to have the EPA investigate them for environmental concerns. "A significant
element of current thinking about privacy, however, stresses "self-regulation" rather than market
or government mechanisms for protecting personal information". According to some experts,
most rules and regulatioare formed due to public outcry, which threatens profit maximization and
therefore the well-being of the shareholder and that if there is not outcry there often will be
limited regulation. Critics argue that Corporate social responsibility (CSR) distracts from the
fundamental economic role of businesses; others argue that it is nothing more than superficial
window-dressing; others argue that it is an attempt to pre-empt the role of governments as a
watchdog over powerful corporations though there is no systematic evidence to support these
criticisms.

Benefit of Social Responsibility to Business

A Significant number of studies have shown nonnegative influence on shareholder results forms
but rather a slightly negative correlation with improved shareholder returns. [Clarification
needed. Corporate social responsibility Main article: Corporate Social Responsibility Corporate
Social Responsibility or CSR has-been defined by Lord Holmes and Richard Watts in The World
Business Council for Sustainable Development's publication 'Making Good Business Sense' as
"the continuing commitment by business to behave ethically and contribute to economic
development while improving the quality of life of the workforce and their families as well
asthlocal community and society at large". CSR is one of the newest management strategies
where companies try to create a positive impact on society while doing business. Evidence
suggests that CSR taken involuntarily by companies will be much more effective than CSR
mandated by governments. There is no clear-cut definition of whats comprises. Every company
has differences objectives though the main motive is the same. All companies have a two-point
agendato improve qualitatively (the management of people and processes) and quantitatively
(the impact on society). The second is as important as the first and stake holders of every
Company are increasingly taking an interest in "the outer circle"-the activities of the company
and how these are impacting the environment and society.

A company's reputation is enhanced on being social responsible and builds its brand appeal.
Customers choose to conduct business with highest ethical standard corporate citizens.
Therefore, the companies make great deal in positioning themselves attracted to investors. Being

Participating and encouraging employee involvement in charitable and community activities


initiate employers to promote pride in their company. These activities are transformed into
loyalty, commitment and productivity. Practicing social responsibility helps to ensure regulatory
compliance, strengthening the company's relationship with regulatory authorities and the
communities in which it operates. Viewed in this light, corporate social responsibility becomes
less a cost of doing business than a way of operating that, ultimately, pays dividends for all of a
company's stakeholders. Other benefits include complying with regulatory requirements,
involvement in local community are ideal opportunities to generate positive press coverage. It
fosters better relationships with local authorities make doing business easier. Socially responsible
makes the company to achieve competitive advantage and reduces the risk of sudden damage to
your reputation of sales. The wider impact of your business can profit in introducing new
products and services. And finally, investors will be more willing to finance you.
Reasons in context of Infosys limited
At Infosys, the distribution of wealth is as important as its legal and ethical creation. Strong
sense of social responsibility is therefore an integral part of our value system .Infosys Foundation
We are committed to contributing to the society and established the Infosys Foundation in 1996
as a not -for -profit trust to support our social initiatives . The Foundation supports programs and
organizations devoted to the cause of the destitute, the rural poor, the mentally challenged, and
the economically disadvantaged sections of the society. The Foundation also helps preserve
certain cultural forms and dying arts of India .Community service through our Computers @
Classrooms initiative launched in January 1999, we donated 2, 567computers to various
institutions across India .Additionally; we have applied to the relevant authorities for permission
to donate computers to educational institutions on an ongoing basis in the future. Microsoft
Corporation continues participate in this initiative by donating relevant software. We would like
frothier continued support .Social commitment in education Infosys 'Education & Research
group has the pride of anchoring the Infosys Extension Program (IEP), which consists of the
Infosys Fellowship Program, Rural Reach program, Catch Them Young and Train the Trainer.
Learn more about our commitment to society and the environment.

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