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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 3 · 25 questions

TOPIC PRACTICE

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25 questions

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  1. Only organisational objectives
  2. Only social objectives
  3. Only personal objectives
  4. Balanced coordination of management objectives
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  1. Only profit maximisation
  2. Balance of organisational personal and social objectives
  3. Only social service
  4. Only employee welfare
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  1. Social security
  2. Recognition and participation
  3. Market expansion
  4. Tax payment
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  1. Growth and employee wages
  2. Personal objective and employee development
  3. Social objective and owner private profit
  4. Survival and customer warning
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  1. It includes survival, profit and growth
  2. It means only maximum profit today
  3. It also includes the organisation’s existence
  4. It also includes future expansion
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  1. Both assertion and reason are true and the reason is the correct explanation
  2. Both assertion and reason are true but the reason is not the correct explanation
  3. Assertion is true but the reason is false
  4. Assertion is false but the reason is true
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  1. Neglect of the social objective later weakened survival and profit
  2. Complaint redressal is only an employee objective
  3. Cost reduction is always complete success
  4. Customer return has no relation to management
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  1. Personal objective
  2. Social donation
  3. Market expansion
  4. Customer warning
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  1. Wrong, because social objectives and legal responsibility may outweigh cost
  2. Correct, because cost is the only objective
  3. Correct, because the environment is unrelated to society
  4. Wrong, because profit is never necessary
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  1. It is an attempt at growth but social objective is weak
  2. Personal objective is fully fulfilled
  3. Social objective is fully fulfilled
  4. Organisational objective has no relation
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  1. Personal objective was fully fulfilled
  2. Personal objective is incomplete because regular salary is also necessary
  3. Social objective was fulfilled
  4. Growth objective was fulfilled
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  1. Survival
  2. Employee respect
  3. Pollution control
  4. Only promotion
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  1. Social and environmental objectives
  2. Personal and organisational objectives
  3. Only social objective
  4. Only survival objective
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  1. Safe products increase customer trust and repeat purchase
  2. Low wages reduce cost immediately
  3. Production increases by hiding pollution
  4. Reports look clean by deleting customer complaints
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  1. Growth occurred but social objective became weak
  2. Personal objective was fully fulfilled
  3. All objectives are balanced
  4. Survival ended
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  1. Correct because profit is against society
  2. Wrong because profit is necessary but should be balanced
  3. Correct because management has no economic objective
  4. Wrong because only profit is the objective
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  1. Conflict between organisational profit and personal safety
  2. Conflict between social and market expansion
  3. Conflict between growth and advertising
  4. Conflict between survival and tax payment
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  1. Social objective
  2. Personal objective
  3. Only profit objective
  4. Only wage objective
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  1. Survival
  2. Employee respect
  3. Customer safety
  4. Community service
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  1. Only paying salary
  2. Giving wages security respect development and participation
  3. Only increasing market share
  4. Only giving discount to customers
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  1. Social objective and organisational benefit were achieved together
  2. Only personal objective was fulfilled
  3. Social objective failed
  4. Profit objective has no relation
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  1. Lack of employee participation and respect
  2. Excess of customer service
  3. Excess of product safety
  4. Completion of market expansion
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  1. Both assertion and reason are correct and reason is the correct explanation
  2. Assertion is correct but reason is wrong
  3. Assertion is wrong but reason is correct
  4. Both are wrong
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  1. Social objective
  2. Personal objective
  3. Only dividend
  4. Only job security
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  1. Company saves cost but does not reduce safety standards
  2. Company sells unsafe products cheaply
  3. Company suppresses employee complaints
  4. Company runs false advertisement

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