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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

TOPIC PRACTICE

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25 questions

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  1. Survival
  2. Growth
  3. Social welfare
  4. Employee development
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  1. It shows attention to the social objective while neglecting the personal objective
  2. All the objectives of the organisation have been fulfilled
  3. Paying employees is not an objective of management
  4. Donating to society removes every deficiency in management
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  1. Profit objective supported social objective
  2. Short term profit weakened social objective and long term survival
  3. Personal objectives were fully achieved
  4. Growth objective always became strong
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  1. Both assertion and reason are true and reason is the correct explanation
  2. Both assertion and reason are true but reason is not the correct explanation
  3. Assertion is true but reason is false
  4. Assertion is false but reason is true
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  1. Social objective can strengthen long term organisational objective
  2. Social objective always reduces profit
  3. Increase in cost is always wrong management
  4. Customer trust is a personal objective
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  1. Social objective
  2. Personal objective
  3. Survival objective
  4. Internal promotion objective
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  1. Neglect of personal objective affected social and organisational objectives too
  2. Only profit objective was achieved and others are irrelevant
  3. Training can never relate to social objective
  4. Customer dissatisfaction is an employee objective
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  1. Company avoids closure but market share does not increase
  2. Company gives respect to employees
  3. Company reduces pollution
  4. Company gives correct warning to customers
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  1. Profit objective and social objective both got fulfilled
  2. Social objective is seriously weak
  3. Personal objective got automatically fulfilled
  4. Growth objective has no relation with this
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  1. Social objective with organisational survival and personal objective
  2. Only advertising and decoration
  3. Only building and machine
  4. Only cash and bank
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  1. Giving skill development and career path to employees who achieve targets
  2. Getting work done by hiding targets
  3. Increasing profit by stopping wages
  4. Punishing employee suggestions
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  1. Low price fulfils social objective
  2. Right quality along with fair price is also part of social objective
  3. Customer loss is organisational objective
  4. Social objective is limited only to donation
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  1. Both assertion and reason are true and reason is the correct explanation
  2. Both assertion and reason are true but reason is not the correct explanation
  3. Assertion is true but reason is false
  4. Assertion is false but reason is true
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  1. Social objective and long term survival
  2. Only employee picnic
  3. Only office painting
  4. Only bank account
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  1. Personal objective supports organisational efficiency
  2. Social objective got destroyed
  3. Profit objective always decreases
  4. Employee welfare has no relation with organisation
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  1. Social objective never helps growth
  2. Social objective can support growth objective
  3. Expensive machine is always a wrong decision
  4. Pollution control is a personal objective
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  1. Management is completely successful
  2. Personal objective is ignored and social responsibility may also be affected
  3. All objectives are achieved because profit exists
  4. Safety is irrelevant because growth exists
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  1. Benefit only the most powerful party
  2. Seek long term balance and fair solution
  3. Always remove social objective
  4. Always ignore employee interest
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  1. Company earns profit through adulteration
  2. Company earns profit through proper cost control and correct quality
  3. Company saves cash by hiding tax
  4. Company sells by giving false warranty
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  1. Social objective and long term survival
  2. Only employee promotion
  3. Only donation
  4. Only attendance
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  1. Both assertion and reason are true
  2. Assertion is true but reason is false
  3. Assertion is false but reason is true
  4. Both assertion and reason are false
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  1. Local trust and acceptance of operations may increase
  2. Employee wages will automatically stop
  3. Quality control will end
  4. Production will always stop
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  1. Company trains employees and improves customer service
  2. Company changes file colour
  3. Company counts chairs
  4. Company cleans signboard
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  1. Personal objectives are complete
  2. Personal objectives are still incomplete
  3. Social objective is automatically complete
  4. Growth objective is absent
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  1. Social objective and long term organisational interest
  2. Only short term profit maximisation
  3. Personal objective and leave
  4. Growth and tax evasion

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