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A company provides employment to local people. This may relate to which objective?

Answer and explanation

Correct answer: Social objective

The governing concept is the social objective of business. Providing employment to local people creates income opportunities, supports families, develops community purchasing power, and can contribute to regional economic development. For these reasons, option A is correct. Employment may also help an organisation obtain capable workers and maintain operations, but in the context of management objectives the stated benefit to local people is primarily social. A warehouse is a physical facility rather than an objective, advertising concerns communication with the market, and cash is a financial resource rather than a recognised objective category. The word “only” makes the distractors even less defensible.

Related tags

Social ObjectivesEmploymentCommunity DevelopmentStakeholdersObjectives Of ManagementNature And Significance Of ManagementBusiness StudiesClass 12 Mcq

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