‘Bonfast Cement Ltd.’ supports 7 villages with housing facilities, schools, safe drinking water, health and hygiene. The company sends its employees to visit a nearby village every 15 days to provide support and to see whether the facilities provided are being implemented on ground. The objective which ‘Bonfast Cement Ltd.’ is trying to achieve is :
Show Hint
- Personal objective
- Social objective
- Organizational objective
- Economic objective
The Correct Option is B
Solution and Explanation
The term social objective refers to a business organization's responsibility towards society. It includes initiatives aimed at societal development, improving the standard of living, promoting education and health, and contributing to environmental and community well-being. In this question, ‘Bonfast Cement Ltd.’ is shown to be taking steps towards the upliftment and welfare of society by supporting seven villages through initiatives such as providing housing, schools, clean drinking water, and hygiene facilities. The company's commitment is further demonstrated by sending employees to check on the implementation of these services every 15 days. Such consistent and sustained support towards villages, without direct business gains, reflects a philanthropic and ethical approach to corporate responsibility. It goes beyond profit-making motives and aligns with the principles of Corporate Social Responsibility (CSR).
Why the other options are incorrect:
- (A) Personal objective: Related to individual employee goals like salary or career growth.
- (C) Organizational objective: Focused on company performance, not society.
- (D) Economic objective: Related to profitability, not welfare.
Final Answer: (B) Social objective
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