Practicing Success
XYZ Ltd is engaged in manufacturing of electronics. The firm decided to provide employment to disadvantaged sections of the society. Which objective is being discussed here? |
Personnel Objective Social Objective Organisational Objective All of the above |
Social Objective |
The correct answer is option 2- Social Objective. The objective being discussed here is a social objective. By providing employment to disadvantaged sections of society, XYZ Ltd is aiming to contribute positively to social welfare and address social inequalities. This objective goes beyond profit-making and encompasses the firm's responsibility towards society. NCERT Text: "Social objectives" : It 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."
OTHER OPTIONS
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