Question:
'Panmol Dairy' started using environment-friendly 'Bilona' method of making ghee, unlike other dairies which were using modern methods involving machines and chemicals. By doing this, Panmol Dairy is providing employment to hundreds of illiterate people in the rural areas.
Which objective of management is Panmol Dairy' trying to achieve?
'Panmol Dairy' started using environment-friendly 'Bilona' method of making ghee, unlike other dairies which were using modern methods involving machines and chemicals. By doing this, Panmol Dairy is providing employment to hundreds of illiterate people in the rural areas.
Which objective of management is Panmol Dairy' trying to achieve?
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Businesses should integrate social objectives with economic goals to contribute to community development and sustainability.
Updated On: Feb 20, 2025
- National objective
- Personal objective
- Social objective
- Economic objective
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The Correct Option is C
Solution and Explanation
Step 1: Understanding Management Objectives
Management objectives can be categorized into economic, social, and national objectives.
Step 2: Identifying the Relevant Objective
- By using traditional methods and providing employment to rural workers, Panmol Dairy focuses on Social Objectives.
- Social objectives emphasize ethical business practices, employment generation, and environmental responsibility.
Conclusion: The correct answer is (mathbf{(C)}), as Panmol Dairy prioritizes social welfare through sustainable business practices.
Management objectives can be categorized into economic, social, and national objectives.
Step 2: Identifying the Relevant Objective
- By using traditional methods and providing employment to rural workers, Panmol Dairy focuses on Social Objectives.
- Social objectives emphasize ethical business practices, employment generation, and environmental responsibility.
Conclusion: The correct answer is (mathbf{(C)}), as Panmol Dairy prioritizes social welfare through sustainable business practices.
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