Management of Alpha Ltd. has installed a special recycling plant to recycle the waste instead of dumping the waste in ground. It is also providing employment opportunities to local residents. Company started a school nearby for the children of their employees.
(i) Identify the objectives company is fulfilling.
(ii) Quote the lines from above para which indicate those objective.

Open in App

Solution

(i) Social and personal objectives
"Installed a recycle plant": Social objective
(ii) "Started a school for children of their employees": Personal objective

Suggest Corrections

Similar questions

Q. XYZ Power Ltd. set up a factory for manufacturing solar lanterns in a remote village as there was no reliable supply of electricity in rural area. The revenue earned by the company was sufficient day by day, so the company decided to increase production to generate higher sales. For this they decided to employ people from the nearby villlages as very few job opportunities were available in that area. The company also decided to open schools and creches for the children of its employees.
(i) Identify and explain the objectives of management discussed above
(ii) State any two values which the company wanted to communicate to the society.

Q. A company is manufacturing garments. The manager wants to increase profits by purchasing new high speed machines or increasing the sale price or using waste materials in manufacturing stuffed toys. He decided that "using waste material" is the best solution for him.
(a) Identify the concept of management involved.
(b) Mention the steps involved in the above process by quoting the lines from the question.

XYZ Power Ltd., set-up a factory for manufacturing solar lanterns in a remote village as there was no reliable supply of electricity in rural areas.

The revenue earned by the company was sufficient to cover the costs and the risks. The demand of lanterns was increasing day-by-day, so the company decided to increase production to generate higher sales. For this, they decided to employ people from the nearby villages as very few job opportunites were available in that area. The company also decided to open schools and cretches for the children of its employees.

(i) Identify and explain the objective of management discussed above.

(ii) State any two values which the company wanted to communicate to the society.

Polycons Ltd. is a firm manufacturing paper bags in Odisha. It has employed female workers in the company and manufactures paper bags from recycling paper and thereafter sells them to various firms at economic rates.___ function of management has been ignored above?

The management of a company has decided to set up its new plant in a rural area to provide employment to local people there and also contribute to the development of that area from the commercial point of view. But its consultants have advised not to set this plant in the rural area. Identify the values ignored in this case by the consultant.

Join BYJU'S Learning Program

(i) Social and personal objectives"Installed a recycle plant": Social objective(ii) "Started a school for children of their employees": Personal objective

(i) Social and personal objectives
"Installed a recycle plant": Social objective
(ii) "Started a school for children of their employees": Personal objective