Akash Industries has installed a waste recycling plant in its premises and does not dump their waste material anymore. This plant is providing employment to many people.

Identify the objective of management which the company is achieving by doing the aforesaid activity.

Social objective

The correct answer is Option (1) → Social objective.

The objective of management being achieved by Akash Industries is "Social objective." By installing a waste recycling plant and providing employment to many people, the company is contributing positively to the society and environment by reducing waste pollution and creating job opportunities.

Social objectives involves the creation of benefit for society. As a part of society, every organisation whether it is business or non-business, has a social obligation to fulfill. This refers to consistently creating economic value for various constituents of society. This includes using environmental friendly methods of production, giving employment opportunities to the underpreviledged sections of society and providing basic amenities like schools and healthcare, etc., for community.