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Tanima Dutta, Lovely Professional University                             Unit 7: Socio-cultural Environment





                         Unit 7: Socio-cultural Environment                                     Notes


             CONTENTS
             Objectives
             Introduction

             7.1  Poverty in India
             7.2  Unemployment in India
             7.3  Human Development
             7.4  Rural Development

                 7.4.1 Problems Need to be Addressed
                 7.4.2 Corporate Projects in Rural Areas
             7.5  Business Ethics
                 7.5.1 Characteristics of Ethics

                 7.5.2 Sources of Ethics
                 7.5.3 Ethics and Profits
             7.6  Corporate Governance
                 7.6.1 Scope of Corporate Governance

                 7.6.2 Principles of Corporate Governance
                 7.6.3 Role of Corporate Governance
                 7.6.4 Corporate Governance in India
             7.7  Corporate Social Responsibility

                 7.7.1 Responsibility towards Shareholders
                 7.7.2 Responsibility towards Employees
                 7.7.3 Responsibility towards Consumer
                 7.7.4 Responsibility towards Community

                 7.7.5 Major Social Responsibilities of a Business
                 7.7.6 Arguments for Corporate Social Responsibility
                 7.7.7 Arguments against Corporate Social Responsibility
                 7.7.8 Social Responsibility and Profits

             7.8  Summary
             7.9  Keywords
             7.10 Self Assessment
             7.11 Review Questions

             7.12 Further Readings






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