Social objectives of business include.
(a) Contribution to the general welfare of the society.
(b) Best possible use of economic resources.
(c) Creation of customers.
(d) Profit generation.
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Answer:
a) Contribution to the general welfare of the society.
Explanation:
Business is a form of occupation where people work together to produce and sell goods according to human requirements. The objective of business is classified into three parts economic objectives, social objectives and human objectives.
Social objectives are basically those objectives which involves the benefit or development of society. Social objectives of business include:
a) Contribution to the general welfare of the society.
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