Using environmental friendly methods of production, giving employment opportunities to the under privileged sections are examples of_______
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → Social objective
Option (1) Growth objective — Incorrect. Growth is one of the organisational objectives. It means the business must increase in size, measured by sales, number of employees, products or capital invested.
Option (2) Survival objective — Incorrect. Survival is also an organisational objective. The business must earn enough revenue to cover its costs and stay in existence.
Option (3) Social objective — Correct. Social objectives mean creating benefit for society. Every organisation, business or not, has an obligation to the society it works in. Using production methods that do not harm the environment, giving jobs to the under privileged and providing schools and health care for the community are examples.
Option (4) Organisational objective — Incorrect. Organisational objectives are survival, profit and growth. They serve the business itself, not society.
Note: The NCERT textbook prints “underpreviledged”. The correct spelling is “underprivileged”.
NCERT (2026-27 Edition): “Objectives of Management … (ii) 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 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. …” |