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A company clearly informs customers about the expiry date of a product. This is an example of which objective of management?

Answer and explanation

Correct answer: Social objective

Clearly stating a product’s expiry date gives consumers accurate information and protects their health and interests. Therefore, it is an example of the social objective of management. It is not directly an objective related to profit, employee welfare, or business growth. Exam tip: Actions that protect consumers, society, or the environment generally represent the social objective.

Related tags

Social ObjectivesConsumer ProtectionManagement ObjectivesBusiness StudiesObjectives Of ManagementNature And Significance Of ManagementClass 12 Mcq

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