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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 5 · 25 questions

Practice questions

01A company reduced quality checks for fast growth. What is the long term risk?

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02If an organisation increased profit but its image in society became poor which objective remained incomplete?

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03An organisation gave fair wages to employees and safe products to society but remained in continuous loss. Which objective is weak?

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04In which situation may fulfilment of social objective be considered only a show?

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05In which situation has management correctly linked personal objective and social objective?

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06A company kept a low price but hid product information. What is correct regarding social objective?

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07If a company enters a new market for growth but also gives local employment which social aspect is added?

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08Which option most clearly shows interdependence of objectives?

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09In a case an organisation saved business earned fair profit expanded gave safe products to customers and provided development to employees. This is the most complete example of what?

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10An organisation helps the local community but keeps its employees in an unsafe workplace. Which conclusion is correct?

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11Assertion: The social objective is not limited to legal compliance. Reason: Ethical behaviour and customer interest are also included in it. Choose the correct option.

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12In which situation is the profit aspect of the organisational objective correct but incomplete?

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13An organisation increased sales by selling cheap goods but stopped repair service. Which analysis is correct according to objectives?

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14A company gave promotions to employees but did not provide safe work equipment. What is correct regarding personal objective?

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15An enterprise reduced advertising during a difficult time and continued essential production. Which objective is most clear?

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16If an organisation entered a new market and also created a local complaint centre which combination is shown?

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17The statement says fair price always means the lowest price. What is the correct evaluation?

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18A company increased profit but stopped listening to employee grievances. Which objective was affected?

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19In which situation can neglect of social objective weaken profit objective in future?

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20If an employee gets good salary but no development opportunity which aspect of personal objective is weak?

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21A company disclosed product risks to customers which reduced some sales but increased trust. Which objective was dominant?

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22Which option correctly shows the full layers of organisational objectives?

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23Which decision shows a possible conflict between growth objective and personal objective?

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24An organisation earned profit from a new product and disposed its waste safely. Which balance is shown?

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25If a company gives rewards to employees so they take interest in quality improvement which objectives are connected?

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