LIMITS TO SOCIAL RESPONSIBILITIES

 Some of the limits to the performance of social responsibilities are as under:

(i) Financial viability

Social responsibilities could be expected of rich businessmen. However, there are average businessmen who hardly manager to keep the body and soul together, while running their business enterprises. Such poor/ average businessmen could not be expected to perform social responsibilities; for whom even he survival of their business; amidst turbulent external environmental scenario is a big problem.

(j) Lack of social skills

Businessmen possess professional skills to manage their business enterprises. They often lack in social skills – needed for performing social responsibilities. Such a lack of social skills on the part of many businessmen poses a big limit to the notion of social responsibility.

(iii)Over-burdened with organizational issues

Present day businessmen are already over-burdened with tackling organizational issues like scarcity of raw-materials, intense competitions, rising cost of production, high taxes etc; and are, all the time, busy-in solving business problems. They must not be expected to perform social responsibilities. Their over-concentration on business issues is a big limit to social responsibilities.

(iv) Lack of consensus and co-operation among the business community 

For performing certain social responsibilities like undertaking rural development, promotion of health facilities, spreads of education etc; collective action of the business community, as a whole is called for. Many-a-times, businessmen may not have consensus on common social obligations or may not be willing to co-operate with one another to undertake ‘big’ social responsibilities. This lack of consensus and co-operation among the business community is a serious limit to the performance of social responsibilities.

(v)        Unavailability of governmental support

For performing certain social responsibilities (e.g. undertaking programs for rural development, opening of schools, hospitals, control of pollution etc.) by the businessmen, governmental support is needed; which may not be available to the businessmen. Such unavailability of government support is a big limit to social responsibilities.