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Which one of the following is an objective of management classified as a SOCIAL objective?
AReducing employee wages to cut costs
BGenerating profits for shareholders
CProducing goods of socially required standards and creating employment opportunities for disadvantaged sections
DIncreasing market share at any cost
Answer & Solution
Correct answer: C. Producing goods of socially required standards and creating employment opportunities for disadvantaged sections
Social objectives include producing socially needed goods, fair business practices, generating employment for disadvantaged sections. Profit and market share are organisational/economic objectives. Wage cuts oppose personal objectives.
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