Founded in 2011 by Bhavish Aggarwal and Ankit Bhatia, OLA is one of the world's largest ride-sharing companies. Following is the extract of Corporate Social Responsibility Policy of the company. In accordance with section 135(5) of the Companies Act, (the Act) or any amendments thereto, the company is committed to spend at least 2% of its Average net profits made during the three immediately preceding financial years in some of the identified (social service) activities that are listed in Schedule VII (as amended) to the Act. On the basis of the given information about OLA company, answer the following questions. i) Identify and explain the type of social responsibility undertaken by it. ii) State three type of social responsibility other than identified in part(i) above

Business Studies Secondary School in Business Studies 11 months ago

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