Question : Case Study: ABC Retailers

ABC Retailers is a chain of stores specializing in fashion apparel. They have a hierarchical management structure with top management, middle-level management, and lower-level management. The company aims to provide a wide range of trendy clothing options and outstanding customer service.

Which objective of management focuses on the well-being and job satisfaction of employees in ABC Retailers?

Option 1: Economic objective
  

Option 2: Social objective
 

Option 3: Organizational objective

 

Option 4: Personal objective


Team Careers360 7th Jan, 2024
Answer (1)
Team Careers360 11th Jan, 2024

Correct Answer: Social objective


Solution : The correct answer is (b) Social objective

The social objective of management is concerned with creating a positive work environment, fostering employee well-being, and ensuring that employees are satisfied with their jobs. It encompasses aspects such as workplace safety, employee engagement, work-life balance, and employee development. While the economic objective is related to financial goals, the social objective emphasizes the welfare and satisfaction of the workforce.



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