There are various responsibilities which a professional manager has to perform.
The very first responsibility is towards the customers. Managers have to satisfy the customers by all means like supervising the point of sales etc. Managers are also responsible towards the employees like giving them pays on time etc. It is the responsibility of the manager to provide a professional atmosphere to the employees. A professional manager is also responsible towards the government like fulfilling all of the legal requirements. A professional manager should be also socially responsible because he is also responsible towards his society. Managers should also satisfy the shareholders because it is their primary duty. All of these are some of the main areas of manager's responsibility. However, responsibilities can also vary depending on the nature of business
• an appreciation of the responsibilities of a manager towards various society segments.
Structure
2.1 Responsibility Towards Customers
2.2 Responsibility Towards Shareholders
2.3 Responsibility Towards Employees
2.4 Responsibility Towards Suppliers
2.5 Responsibility Towards Distributors and Retailers
2.6 Responsibility Towards Industry and Competition
2.7 Responsibility Towards Union
2.8 Responsibility Towards Government
2.9 Responsibility Towards Society
2.10 Summary
2.11 Keywords
2.12 Further Readings
A firm is a social institution. Its very existence is dependent upon its harmonious relationships with various segments of the society. This harmonious relationship emanates from the firms positive responsiveness to the various segments and its closely associated with the tasks a manager is expected to perform. The process of evolving this mutual relationship between firms and various interest groups begins by acknowledging the existence of the responsibilities of a manager.