Question

The objective of management which consistently creates economic value for various constituents of society is:

• A. Organisational objective
• B. Social objective
• C. Personal objective
• D. Both Social and Personal objective

Answer 1

The correct option is B

Social objective

Answer: B. Social objective

A business organisation is a part of the society and as a part of the obligations towards the society, the organisations need to consistently create economic value for the constituents of the society.

Also read:

• Difference Between Management and Entrepreneurship
• Objectives of Management
• Nature and Significance of Management
• Nature and Significance of Principles of Management

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