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XYZ Power Ltd. Set up a …

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XYZ Power Ltd. Set up a factory for manufacturing solar lanterns in a remote village as there was no reliable supply of electricity in rural areas. They revenue earned by the company was sufficient to cover the costs and the risks. The demand of the lanterns was increasing day-by-day. So the company decided to increase production to generate higher sales. For this, they decided to employ people from the nearby villages as very few job opportunities were available in that area. They company also decided to open school and creches for the children of its employees. (i) Identify and explain the objectives of management discussed above. (ii) State any two values which the company wanted to communicate to the society

Posted by Mani Priya Min Ju 4 years, 3 months ago

CBSE > Class 12 > Business Studies

2 answers

Adarsh Raj 4 years, 3 months ago

1) Social objective 2) (a) Balances regional development (b). Creating employment opportunities for villagers.

Aaiman Farhin 4 years, 3 months ago

i) social objective of business is discussed above As the company is fulfilling its social Objective. Business is a part of society it works in the society, it takes all the resources from the society So it is the duty of business to undertake some activities towards the society. Social objective refers to objective of business towards the society.

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