B Com Exam  >  B Com Questions  >  Which type of business objective emphasizes t... Start Learning for Free
Which type of business objective emphasizes the importance of contributing to national goals and aspirations?
  • a)
    Economic Objectives
  • b)
    Social Objectives
  • c)
    Human Objectives
  • d)
    National Objectives
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which type of business objective emphasizes the importance of contribu...
National Objectives of business emphasize the importance of contributing to the goals and aspirations of the nation or country in which the business operates. These objectives may include creating employment opportunities, promoting social justice, producing goods according to national priorities, and contributing to the country's revenue. Businesses play a role in supporting the overall development and well-being of the nation.
Free Test
Community Answer
Which type of business objective emphasizes the importance of contribu...
Answer:

National Objectives

National objectives refer to the goals and aspirations of a country as a whole. These objectives are set by the government to guide the overall development and progress of the nation. They are aimed at improving various aspects of the country, such as the economy, society, and the well-being of its citizens.

Emphasizing Importance of National Goals and Aspirations

One type of business objective that emphasizes the importance of contributing to national goals and aspirations is national objectives. These objectives are specifically focused on aligning business activities with the broader goals of the country and are aimed at promoting the development and growth of the nation as a whole.

Contributing to National Goals

Businesses that prioritize national objectives recognize their role in contributing to the overall progress of the country. They understand that their success is interlinked with the success of the nation and actively work towards achieving the national goals and aspirations set by the government. This can be done through various means, such as:

1. Economic Development: Businesses can contribute to national economic goals by promoting investment, creating employment opportunities, and driving economic growth. They can contribute to the GDP of the country, increase exports, and attract foreign direct investment.

2. Social Welfare: Businesses can play a significant role in addressing social issues and promoting social welfare. They can invest in corporate social responsibility initiatives, support community development programs, and contribute to the overall well-being of society.

3. Environmental Sustainability: Businesses can contribute to national goals related to environmental sustainability by adopting eco-friendly practices, reducing carbon emissions, conserving natural resources, and promoting sustainable development.

4. Innovation and Research: Businesses can contribute to national goals by investing in research and development activities, fostering innovation, and contributing to technological advancements. This can help the country stay competitive globally and drive overall progress.

Conclusion

Emphasizing the importance of contributing to national goals and aspirations is crucial for businesses to align their objectives with the broader objectives of the country. By actively working towards national objectives, businesses can not only contribute to the development and growth of the nation but also create a positive impact on the economy, society, and environment.
Explore Courses for B Com exam
Which type of business objective emphasizes the importance of contributing to national goals and aspirations?a)Economic Objectivesb)Social Objectivesc)Human Objectivesd)National ObjectivesCorrect answer is option 'D'. Can you explain this answer?
Question Description
Which type of business objective emphasizes the importance of contributing to national goals and aspirations?a)Economic Objectivesb)Social Objectivesc)Human Objectivesd)National ObjectivesCorrect answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which type of business objective emphasizes the importance of contributing to national goals and aspirations?a)Economic Objectivesb)Social Objectivesc)Human Objectivesd)National ObjectivesCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which type of business objective emphasizes the importance of contributing to national goals and aspirations?a)Economic Objectivesb)Social Objectivesc)Human Objectivesd)National ObjectivesCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Which type of business objective emphasizes the importance of contributing to national goals and aspirations?a)Economic Objectivesb)Social Objectivesc)Human Objectivesd)National ObjectivesCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.
Here you can find the meaning of Which type of business objective emphasizes the importance of contributing to national goals and aspirations?a)Economic Objectivesb)Social Objectivesc)Human Objectivesd)National ObjectivesCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Which type of business objective emphasizes the importance of contributing to national goals and aspirations?a)Economic Objectivesb)Social Objectivesc)Human Objectivesd)National ObjectivesCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Which type of business objective emphasizes the importance of contributing to national goals and aspirations?a)Economic Objectivesb)Social Objectivesc)Human Objectivesd)National ObjectivesCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Which type of business objective emphasizes the importance of contributing to national goals and aspirations?a)Economic Objectivesb)Social Objectivesc)Human Objectivesd)National ObjectivesCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Which type of business objective emphasizes the importance of contributing to national goals and aspirations?a)Economic Objectivesb)Social Objectivesc)Human Objectivesd)National ObjectivesCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice B Com tests.
Explore Courses for B Com exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev