| 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. |
| Identify the objective of management being fulfilled in the given statement: The rate of profitability of the business is also creditable. |
A) Organisational
B) Social
C) Personal
D) None of these
Correct Answer: A
Solution :
[a] Profit management must ensure earning of sufficient profits for the organisation
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