Akash Industries has installed a waste recycling plant in its premises and does not dump their waste material anymore. This plant is providing employment to many people. Identify the objective of management which the company is achieving by doing the aforesaid activity.

The correct option is Social objective.

Management objectives can generally be classified into three categories:
1. Organizational/Economic Objectives: These relate to the survival, profit, and growth of the business enterprise itself.
2. Social Objectives: These involve the creation of benefit for society. As a part of society, every organization has a social obligation to fulfill. This includes using environmental friendly methods of production, giving employment opportunities to disadvantaged sections of society, and providing basic amenities like schools and crèches to employees.
3. Personal Objectives: These are concerned with the employees of the organization, such as competitive salaries, personal growth, and good working conditions.

In the given scenario, Akash Industries has undertaken two key activities:
- Installing a waste recycling plant to avoid dumping waste material, which helps in environmental protection.
- Providing employment opportunities to many people through the plant.
Both of these activities directly contribute to the welfare of society and fulfill the organization's commitment to community development. Therefore, the company is achieving the Social objective of management.