12th Class Business Studies Nature & Significance Of Management Question Bank Passage Based Questions

  • question_answer
    Emperial Pvt. Ltd. is a well-known cloth company in India. It is able to earn adequate revenues to cover costs. Its capital base, number of employees and production turnover have increased manifolds over the years. The rate of profitability of the business is also creditable. The employees of the company are happy and satisfied with their remuneration, working conditions, promotion policy, etc. As a part of its moral obligation, the company has taken many initatives for providing employment to specially abled persons and promoting literacy in the villages adopted by it.
    “The employees of the company are happy and satisfied with their remuneration, working conditions, promotion policy.”
    Identify objective of management being fulfilled by company in the above statement.
     

    A) Organisational

    B) Social

    C) Personal           

    D) None of these

    Correct Answer: C

    Solution :

    [c] This objective relates to the needs of the employees of an organisation which must be given due consideration


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