Question

Which of the following is Non- Economic goal of firm​

Answer 1

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• Fair remuneration to employees and Planting trees at the roadside are not economic objectives of a business.
• Planting tress at the roadside and fair remuneration to employees does not come under category of economic objectives of a business.

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Answer 2

An example of the non-economic goal of a firm is corporate social responsibility.

Explanation:

• The Economic goals of a firm include earning profit while non-economic goals are not related to money.
• The most common non-economic goal that firms have these days is corporate social responsibility.
• It is the service of society while creating profits.
• Corporate social responsibility includes donating the profits for environmental benefits, and development of the society.