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Subjects

Business Studies

Objectives of management

In this Class 12 Business Studies topic from the chapter “Nature and Significance of Management,” students learn why management is essential for every organisation. The topic explains organisational objectives such as survival, profit and growth, along with social objectives like supplying quality goods, creating employment and protecting the environment. It also covers personal objectives, including fair wages, recognition, career growth and job satisfaction, and shows how managers balance these goals through effective and efficient use of resources.

Easy · Level 2 · 25 questions

Practice questions

01Good management tries to earn profit without harming society. What does this show?

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02Which objective may include improving product quality?

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03Remaining in the market for a long time is linked with which objective?

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04Higher level need of an employee such as self development is part of which objective?

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05In which situation is a social objective being fulfilled?

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06In which situation is a personal objective being fulfilled?

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07In which situation is an organisational objective being fulfilled?

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08Why is balance of objectives necessary?

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09If a company focuses only on profit and pays low wages to employees which objective is ignored?

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10If a company sells poor quality goods for profit which objective is ignored?

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11Creating new products and expanding the market is an example of which objective?

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12Without which objective can an organisation not continue for long?

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13Which objective includes giving fair return to owners?

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14Which objective may include job security of employees?

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15Which objective may include improving the standard of living of society?

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16Why is it not correct to consider only profit while setting management objectives?

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17Which option is not a social objective?

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18Which option is not a personal objective?

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19Which option is not an organisational objective?

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20A company sells poor goods at a low price. Will social objective be fulfilled only by low price?

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21Due to which objective does an organisation invest in new technology and new markets?

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22If an organisation provides safe service to society which objective is it fulfilling?

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23If an employee gets appreciation for good work which objective is fulfilled?

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24A company increased its income and also gave correct information to customers. What does this show?

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25What may happen in an organisation if personal objectives are ignored?

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