What is the term for a process that enables an organisation to assess and demonstrate its social, economic and environmental benefits and limitation ?
Social Audit
A social audit is a systematic process by which an organisation evaluates, reports on and improves its social, economic and environmental performance, so that it can show stakeholders both the benefits it creates and its limitations.
Like a financial audit, it involves collecting evidence, measuring performance against stated social objectives and stakeholder expectations, and presenting the results in a verifiable way.
A social plan or a social strategy is forward-looking: it sets out what an organisation intends to do for society, rather than assessing and demonstrating what it has actually achieved.
Social accounts are the raw records and statements of social performance; they are an input to the audit, while the audit is the complete process of assessing and verifying them.
Hence, Social Audit.
Similar Questions
In a juice making company sales manager has set the goal of increasing the sales by 20% in summer season. At the end of summer, Manager will check either goal has been achieved or not. This function is known as :
Which is not a characteristic of corporate social responsibility ?
Which of the following is the formal right to decide on the achievement of objectives, the use of resources, and the adherence to organizational policy ?
What is the term for the ‘rule of thumb’ type of bias in decision-making ?
“Natural resources determine the course of development and constitute the challenge which may not be accepted by the human mind”, who has said it ?
To eradicate the problem of poverty Twenty Point Economic Programme was launched for the first time in India on :
Assume that consumer’s income and the number of sellers in the market for good X both falls. Based on this information we can conclude with certainty that the equilibrium :
Which of the following is a characteristic of capital as factor of production ?
Dividing a task in number of steps, each of which is completed by an individual is essence of :
On the basis of function of Human Resource Management, the coverage of personnel policies has been classified by Michael Armstrong not include the following :
Important Questions from Mixed Topic (MH-SET)
.................... is a client server application that identifies each host on the internet with a unique user-friendly name.
Every OS has a ................ or .......... which primarily resides in the main memory of the computer to perform some of the basic functions of the OS.
(i) Kernel
(ii) Interface
(iii) Nucleus
(iv) Compiler
Codes:
Which of the following are referred to as low level language?
(i) Machine language
(ii) Assembly language
(iii) High level language
(iv) Natural language
Codes:
Match the following:
List I List II (a) New York Public Library (i) Shelv AR (b) Miami University Augmented Research Group (ii) Smart library (c) Oula University Library (iii) Wolf Walk (d) North Carolina State University (iv) Find the future Codes:
Which part of the QR code represents the encoded data?
