+1 vote
in Class 12 by kratos

Describe the responsibility of the society towards an entrepreneur.

1 Answer

+6 votes
by kratos
 
Best answer

Clapping always involves both the hands or since when the society has a lot of expectations force the entrepreneur, the society must reciprocal him in the same vein by being sensitive to the aspirations of an entrepreneur by means of extending into whole-heartedly support to him in the development of his venture. Both the sides being conscious to their mutual responsibilities to each other similarly the society, too, owes some responsibilities to the entrepreneur by taking into consideration the following factors :-

  1. An employee of an organisation ought to work in a manner that the organizational interest be safeguarded. One must be careful and concerned with not only his benefit rather of the company, too. He must refrain from unnecessary obstinacy, gherao, stop work etc.

  2. It is also true that the customer is the ruler of the market and an entrepreneur has a lot of responsibilities towards him but the ruling customer rather them being a deterrent and contradictory to the prestige, social status and certain compulsions, should adopt a co-operative stand towards the entrepreneur.

  3. It is the responsibilities of the suppliers to ensure the timely supply of raw materials, products equipments etc. in genuine quantity, at right price and well in time. If some item is found defective they must be ready to take it back.

  4. It is responsibilities of the financial agencies or other financiers to provide him finance at the minimum rate of interest and the finance should also be provided sufficiently to contribute generously for the development of his business.

  5. The government should also see to it that no policy, such as should prove to be detrimental in the development of the entrepreneur is business because it is the entrepreneur who is an angle of development.

  6. Even the local people of the project ought to adopt a co-operative attitude towards the entrepreneur. They should also understand that if any project is set up in their area, it will yield them a long term benefit.

...