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Question

Business Studies Question on Nature and Significance of Management

Akash Industries has installed a waste recycling plant in its premises and does not dump their 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.

A

Social objective

B

Economic objective

C

Personal objective

D

Growth

Answer

Social objective

Explanation

Solution

By installing a waste recycling plant and employing people, Akash Industries is fulfilling its social responsibility by protecting the environment and providing employment opportunities.