Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:
ABC ltd is manufacturing plastic items by using environment friendly methods of production. Which management objective is used here?
Options:
Individual Objective
Economic Objective
Organisational Objective
Social Objective
Correct Answer:
Social Objective
Explanation:
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.