Business Studies

Nature & Significance

Medium

Akash Industries has installed a waste recycling plant in its premises and does not dump its waste material anymore. This plant is providing employment to many people. Identify the objective of management which the company is achieving by doing this effective activity.

Social objective

Economic objective

Personal objective

Growth

✅ Correct Option: 1

Social objective → Enhancing community welfare.
Economic objective → Increasing profitability and efficiency.
Personal objective → Focusing on individual gains.
Growth → Expanding business operations.

Akash Industries is primarily achieving a social objective by providing employment and promoting environmental sustainability through its recycling plant.

2023: 22 June Shift 1

Ravi is working as supervisor with Zinc limited. Identify the level of management at which Ravi is employed.

2025: 3 June Shift 1

Which of the following is NOT the objective of Management?

2025: 29 May Shift 2

Match List–I with List–II

List–I (Characteristics of Management as a Profession)	List–II (Examples of Characteristics of Management as a Profession)
(A) Well-defined body of knowledge	(I) All professions are based on a well-defined body of knowledge that can be acquired through instruction.
(B) Ethical code of conduct	(II) All doctors, for example, take the oath of ethical practice at the time they enter the profession.
(C) Service motive	(III) The task of a lawyer is to ensure that his client gets justice.
(D) Professional association	(IV) To be able to practice in India, lawyers have to become members of the Bar Council.

Choose the correct answer from the options given below:

2024

Management always works by keeping an end result or aim of the organisation. All activities of managers are directed towards these aims.' From the above statement, identify the feature of management.

2025: 14 May Shift 2

Arun has been promoted as production manager of the North-East division of a company. Now he is working at:

2026: 23 May Shift 2

Identify the characteristic of Management highlighted in the following statement

"An organisation has a set of basic goals which are the basic reason for its existence"

Akash Industries has installed a waste recycling plant in its premises and does not dump its waste material anymore. This plant is providing employment to many people. Identify the objective of management which the company is achieving by doing this effective activity.

Solution

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