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.

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Solution

The values ignored in the above case are :

(a) Concern for development of the rural areas.

(b) Employment generation by creating job opportunities for the rural people.

(c) Contribution to reducing regional industrial inequalities in the country.

(d) Principle of subordination of individual interest over general interest.

(e) Fulfilment of social responsibilities.

(f) Improving standard of living of the locals.

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