'A business organisation must use environment friendly methods of production in order to reduce pollution'. Mention the type of objective involved.
Reducing environmental pollution is a social objective of business.
An automobile company has adopted the following practices: (a) To use eco-friendly and environmentally friendly components. (b) Proper discharge of harmful wastes. (c) To maintain the desired level of pollution level of every vehicle. (d) Not to comprise with ethical standards. Identify the values involved for each practice respectively.
Which of the following cannot be said about small business?
(1) During the recession, their profits have been higher than those made by big corporates. (2) They adopt fair labour practices and environment-friendly methods of production. (3) They have managed to acquire an investment of over 11 percent of American capital.