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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 5 · 25 questions

Practice questions

01In which situation is management balancing all three objectives?

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02Which option shows a wrong understanding of objectives of management?

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03How does a proper balance of objectives help an organisation?

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04What is the most correct summary of objectives of management?

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05A small shop remains open daily and tries to avoid loss. Which objective does this show?

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06A company started selling its product in another state. This is an example of which objective?

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07Providing health insurance to an employee is linked with which objective?

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08Telling customers the correct expiry date of a product is related to which objective?

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09In which objective does an organisation maintain earnings by controlling expenses?

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10A company started using recycled packaging. Which objective does this fulfil?

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11Giving an employee proper rest time after work is an example of which objective?

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12A company provided a facility to return defective products. This is linked with which objective?

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13In which situation is the growth objective of an organisation clear?

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14Education support for employees children can be linked with which objective?

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15If an organisation tries to retain its old customers which organisational objective is mainly protected?

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16Which objective includes giving safe and clean products to society?

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17Which option is not an example of organisational objective?

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18Which option is not an example of social objective?

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19Which option is not an example of personal objective?

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20A company regularly pays taxes according to law. This can be linked with which broad objective?

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21Giving a clear career path to an employee is linked with which objective?

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22In which situation is the profit objective being fulfilled?

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23A company clearly printed safety instructions on a product. Which objective does this show?

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24Which objective includes increasing the size and capacity of an organisation?

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25If an organisation starts a bonus scheme which objective is it related to?

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