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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 5 · 25 questions

Practice questions

01A company continuously cancels employee leave to meet production targets and morale falls. Which objective is weak?

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02An organisation pays tax on time but adulterates its product. What is the status of social objective?

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03If an organisation earns profit from an old product but does not improve according to changing customer needs which objective is at risk?

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04Which option gives the most correct classification of objectives?

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05An organisation delays salary payment to increase profit. Which dual effect is possible?

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06In which situation does social objective become a base for long term growth?

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07A company gives employee training but after training gives no proper work opportunity. What is lacking from personal objective viewpoint?

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08If an organisation recalls a product for customer safety immediate cost increases. Why can this decision still be correct?

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09An organisation respects employees and error rate falls through their suggestions. Which relationship is shown?

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10Which option shows wrong use of social objective?

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11An organisation increases market share but gives wrong bills to customers. Which objective is affected?

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12Assertion states that balance of objectives is not a fixed ratio. Reason states that priority may change according to situation and stakeholder needs. Choose the correct option.

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13If a company earns profit but does not plan to repay debt which objective is at risk?

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14A company spends on employee safety which reduces accidents and increases productivity. What does this show?

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15In which situation do customer centred social objective and organisational growth move together?

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16An organisation gives very good wages to employees but gives orders in insulting language. Which statement is correct?

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17An organisation wants future expansion but does not improve current employees capability. What is the most correct conclusion?

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18If a company uses local resources but makes no arrangement to avoid harm to the community which objective is weak?

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19A company shows higher profit but misleads customers through fake discounts. Which objective is violated?

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20An organisation launched new products but had to withdraw them due to quality complaints. Which objective balance was weak?

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21Which option shows an incomplete analysis of organisational objective?

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22An organisation gives fair wages to employees and also gives scholarships to local students. Which objective combination is shown?

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23Assertion states that employee safety is only a personal objective and can have no relation with society. Reason states that accident is only an internal matter. Choose the correct option.

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24An organisation gives fair price to customers but deliberately delays supplier payments. What will be said from social objective viewpoint?

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25In which situation can fulfilment of personal objective directly increase employee loyalty?

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