what are the Social objectives of the business ??
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- Social objective are those objectives of business, which are desired to be achieved for the benefit of the society. Since business operates in a society by utilizing its scarce resources, the society expects something in return for its welfare.
- A social objective is a statement that details a specific desired outcome of a project that is related to the interaction of the individuals, groups, and institutions within a society. Often our social objective is related to improving human wellbeing.
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Business, being a part of the society has obligations towards the society. The major social objectives are Provision of quality goods and Services, Reasonable Prices, Provision of Employment, Payment of Taxes, Contribution to Social Welfare and Better Environment
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