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In which situation is there a healthy balance between profit and social objectives?

Answer and explanation

Correct answer: The company earns reasonable profit and follows environmental standards

The governing concept is balanced management. A business needs profit for survival and growth, but it also has a social responsibility to protect the environment, obey laws and avoid harm to the community. Option A combines reasonable profitability with compliance with environmental standards, so it reflects both objectives without sacrificing one completely. Option B obtains profit by creating environmental damage, C misleads consumers and D violates public obligations through tax evasion. These alternatives may improve private returns temporarily, but they are unethical and socially irresponsible. Long-term trust and sustainability require the balance shown in A.

Related tags

Profit-ObjectiveSocial-ObjectiveEnvironmentObjectives Of ManagementNature And Significance Of ManagementBusiness StudiesClass 12 Mcq

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