Question

A company focuses on reducing pollution and providing employment to society. ____.

• A. Social objective
• B. Personal objective
• C. Organisational objective
• D. Financial objective

Hint:

Social objectives are often linked to "Corporate Social Responsibility" (CSR). Think of it as the company "paying rent" to society for using its resources like land, water, and labor.

Answer 1

The Correct Option is A

Step 1: Understanding the Concept:
As an entity functioning within society, every business has obligations toward the community and the environment.
Step 2: Detailed Explanation:
Social objectives involve creating benefits for society.
Examples include:
1. Using eco-friendly methods of production to reduce pollution.
2. Creating employment opportunities for the weaker sections of society.
3. Providing basic amenities like healthcare and education in the local area.
Since the company is focusing on pollution control and employment, it is fulfilling its social obligations.
Step 3: Final Answer:
These activities fall under the Social objectives of management.