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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.

Hard · Level 1 · 25 questions

Practice questions

01A chemical unit installs a waste treatment plant while increasing production. This is an example of which objective?

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02A company’s sales increased, but its cash flow deteriorated and customer complaints also rose. Which conclusion about management is more mature in this situation?

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03An organisation continued selling essential goods at low profit to avoid losses. Which objective does this mainly show?

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04A company stopped employee training to increase profit and later errors increased. Which objective was ignored?

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05A company sold a cheap product but it lacked safety standards. Which objective was most clearly affected?

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06An enterprise opened service centres in new cities to increase customer reach. This indicates which organisational objective?

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07If management focuses only on profit and ignores customer complaints what will be the biggest risk?

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08Which option shows organisational social and personal objectives together?

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09The statement says fulfilling social objectives always reduces profit. What is the correct evaluation?

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10An organisation involved employees in decision making and morale improved. This is an advanced example of which objective?

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11If a company gives discounts to old customers to stay in the market which objective is most related?

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12Which decision fulfils growth objective but may create conflict with social objective?

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13A company kept low prices but started selling continuously below cost. Which organisational objective may be at risk?

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14In which situation does fulfilment of personal objective also strengthen organisational objective?

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15If management gives fair wages but keeps an unsafe workplace which conclusion is correct?

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16An enterprise retrained employees instead of laying them off despite falling profit. Which objective was given importance?

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17In which situation are social objective and growth objective strengthened together?

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18If an organisation does not give usage instructions to consumers and an accident occurs which objective is ignored?

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19In which situation are both survival and growth indicators of organisational objective present?

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20If management spends only on keeping employees happy but the organisation continuously incurs losses which balance is disturbed?

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21Which option gives the broadest explanation of social objective?

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22A company changed its product based on customer complaints. Which objective does this support?

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23Consider the assertion and reason. Assertion objectives of management are multi level. Reason they include interests of organisation society and employees. Choose the correct option.

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24The statement says personal objectives are limited only to salary. What is the correct answer?

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25An organisation implemented a correct billing system so that customers are not overcharged. This is an example of which objective?

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