Question:
'Bonfast Cement Ltd.' supports seven 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 the ground.
The objective which 'Bonfast Cement Ltd.' is trying to achieve is:
'Bonfast Cement Ltd.' supports seven 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 the ground.
The objective which 'Bonfast Cement Ltd.' is trying to achieve is:
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Social objectives help businesses gain goodwill, improve community relations, and contribute to long-term sustainability.
Organizations should integrate social responsibility into their core strategies.
Updated On: Feb 20, 2025
- Personal objective
- Social objective
- Organizational objective
- Economic objective
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The Correct Option is B
Solution and Explanation
Step 1: Understanding Business Objectives
Organizations operate with multiple objectives, including social responsibilities. These objectives include providing welfare to society, ensuring sustainable practices, and contributing to social development. Step 2: Identifying Social Responsibility
- Bonfast Cement Ltd. is actively supporting villages by providing housing, education, healthcare, and drinking water.
- They also send employees for periodic checks to ensure the facilities are implemented effectively.
- These actions align with the company's Social Objectives, which focus on contributing to the betterment of society rather than just profit-making.
Conclusion: The correct answer is (mathbf{(B)}), as the company is fulfilling its social objective.
Organizations operate with multiple objectives, including social responsibilities. These objectives include providing welfare to society, ensuring sustainable practices, and contributing to social development. Step 2: Identifying Social Responsibility
- Bonfast Cement Ltd. is actively supporting villages by providing housing, education, healthcare, and drinking water.
- They also send employees for periodic checks to ensure the facilities are implemented effectively.
- These actions align with the company's Social Objectives, which focus on contributing to the betterment of society rather than just profit-making.
Conclusion: The correct answer is (mathbf{(B)}), as the company is fulfilling its social objective.
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