Question :
Akash Industries has installed a waste recycling plant in its premises and does not dump its 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.
Option 1: Social objective
Option 2: Economic objective
Option 3: Personal objective
Option 4: Growth
Correct Answer: Social objective
Solution :
Business social objectives include producing and supplying standard, high-quality goods and services, implementing fair trade policies, contributing to the overall well-being of society, and offering welfare amenities. Hence, the social objective is explained in the given case study.
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