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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.

Expert · Level 1 · 25 questions

Practice questions

01If a company continues to remain in the market, but its profit is not increasing and it is not expanding, which of the following organisational objectives can be considered achieved at the minimum level?

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02If an organisation donates to fulfil its responsibility towards society but does not pay its employees on time, which conclusion is appropriate regarding the objectives of management?

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03A company reduces safety expense to increase short term profit and product returns rise next year. What is the most correct analysis from the viewpoint of objectives?

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04Assertion states that organisational objectives are not limited only to profit. Reason states that survival and growth are also necessary for an organisation. Choose the correct option.

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05An organisation adopts eco friendly production which increases initial cost but improves customer trust and brand loyalty. Which relationship does this show?

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06A company makes misleading claims to increase sales and later complaints rise in consumer forum. Which objective will be considered affected first?

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07An organisation reduces training expense and later errors increase causing customer dissatisfaction. Which multi objective effect is visible?

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08In which situation is the difference between survival and growth most clear?

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09A medicine company is profitable but hides information about side effects. What is the most correct managerial conclusion?

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10If an organisation suffers continuous losses in the name of social work and cannot pay salaries which balance is disturbed?

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11Which option shows the most mature alignment of personal and organisational objectives?

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12A company sells products at low prices but the quality is so poor that customers suffer loss. Which statement is correct?

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13Assertion states that tax payment is linked with social objective. Reason states that tax creates resources for public services. Choose the correct option.

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14If management expands very fast for growth but does not increase quality control which objective may be adversely affected?

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15An organisation provides health insurance to employees and absenteeism decreases. Which relationship is shown?

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16An industry installs an expensive machine to reduce pollution but gets new customers due to green certification. What is the most suitable conclusion?

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17A company is achieving both profit and growth but worker safety incidents are rising. Which conclusion is more correct?

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18If management sees conflict among stakeholder objectives what should be the best approach?

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19In which situation is profit objective understood within ethical limits?

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20An organisation treats customer complaints as data improves the product and complaints decrease. This is most related to which objective?

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21Assertion states that spending on employee welfare is always against profit objective. Reason states that employee welfare never increases productivity. Choose the correct option.

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22If a business protects the community water source it is a social objective. What organisational benefit may this action bring?

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23In which situation are dual clues found in objective classification?

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24A company pays legal wages but the work environment is disrespectful. Which conclusion is correct?

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25An organisation sells essential goods at fair prices during a disaster and customer trust increases. Which balance does this show?

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