Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

Read the passage and answer the following questions:

Shilpa Rai is a 37-year old entrepreneur who grew up in a rural district of South Kannada. She was very good at art and craft, particularly wax molds. She loved to make candles. Often she makes toys and small pieces of art with wax and uses them as a gift for her friends and relatives. She is always involved in helping poor women of the area by providing them with jobs after imparting necessary skills. She believes that she is getting her work done as well as helping the needy section of society. Since it is a small business, she performs all the functions of business management herself. But she knows that the workers are not from a sound background, and they need motivation to perform efficiently and effectively. Slowly, the business is growing noticeably as the number of orders is increasing. As the orders are increasing, the production cost is declining. Based on the knowledge. and experience that Shilpa acquired in her business, she smartly handles all the critical situations.

"She is always involved in helping poor women of the area by providing them with jobs after imparting necessary skills". Which objective of management is reflected in this statement?

Options:

Personal objective

Organisational objective

Social objective

Administrative objective

Correct Answer:

Social objective

Explanation:

The correct answer is Option (3) → Social objective

By providing employment and skill training to poor women, Shilpa is contributing to the welfare of society. This reflects the social objective of management, which focuses on creating value for society by generating employment, protecting the environment, and uplifting weaker sections.