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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 6 · 25 questions

TOPIC PRACTICE

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Up to 25 questions from this page. Select your focus, then start.

25 questions

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  1. Correct because welfare is wasteful expense
  2. Wrong because satisfied employees can increase productivity
  3. Correct because personal objective is not necessary
  4. Wrong because profit objective does not exist
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  1. Correct goods were given to customers but employee wages were stopped
  2. Employees got training and bonus
  3. New branch opened and sales increased
  4. Employee got respect and leave
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  1. It is always fair price
  2. It may be against consumer welfare
  3. It is only personal objective
  4. It is employee development
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  1. Survival
  2. Employee promotion
  3. Only advertising
  4. Interior decoration
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  1. Giving safe products
  2. Protecting environment
  3. Giving promotion to employee
  4. Giving truthful advertisement
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  1. Maintaining cash flow
  2. Expanding market
  3. Earning profit
  4. Reducing pollution
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  1. Profit fulfilled all objectives
  2. Social objective and ethical responsibility are weak
  3. Personal objective is always complete
  4. Growth is impossible
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  1. Personal objective helps social objective
  2. Social objective increases tax
  3. Growth reduces wages
  4. Survival becomes impossible
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  1. Social objective
  2. Growth objective
  3. Market expansion
  4. Organisational growth
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  1. Social objective is complete because donation was given
  2. Social objective is incomplete because consumer welfare was violated
  3. Personal objective is fulfilled
  4. Growth objective is fulfilled
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  1. Personal objective and organisational efficiency
  2. Only social objective
  3. Only pollution objective
  4. Only fair price
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  1. The company covered its costs and remained in the market, but could not earn an adequate surplus profit
  2. The company conducted a training programme to improve employees’ skills
  3. The company made product packaging safer for customers’ convenience
  4. The company installed pollution-control equipment to reduce its environmental impact
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  1. Company earns profit this year but does not open a new market
  2. Company gives correct information to customer
  3. Company gives respect to employee
  4. Company gives safety training
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  1. Company gets new environment conscious customers through durable products
  2. Company reduces safety checks
  3. Company increases sales through wrong information
  4. Company stops employee wages
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  1. Development aspect of personal objective will remain weak
  2. Social objective will end
  3. Market expansion is certain to stop
  4. Profit will always end
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  1. Growth appears but social objective is weak
  2. Personal objective is complete
  3. No relation with organisational objective
  4. All objectives are proper
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  1. Earning profit developing employees and maintaining customer safety
  2. Only doubling production
  3. Only stopping wages
  4. Only increasing price
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  1. Company adopts environment friendly packaging
  2. Employee gets salary
  3. Employee gets promotion
  4. Employee gets training
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  1. Personal objective
  2. Social objective
  3. Growth objective
  4. Dividend objective
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  1. Correct, because opening new branches is the only way to achieve growth
  2. Incorrect, because growth can also occur through increases in sales, customer base, production capacity or market share
  3. Correct, because an increase in profit is not considered business growth
  4. Incorrect, because growth is not an objective of management
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  1. Balance between survival and social objective
  2. Balance between salary and bonus
  3. Balance between promotion and training
  4. Balance between building and machine
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  1. Social objective reduces growth
  2. Personal objective increased organisational efficiency
  3. Only customer safety was fulfilled
  4. Profit objective ended
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  1. Company sells goods at very low prices and is in continuous loss
  2. Company earns profit by selling safe products
  3. Company trains employees
  4. Company gives correct bills
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  1. Growth
  2. Employee leave
  3. Customer bill
  4. Pollution control
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  1. Personal objective
  2. Growth objective
  3. Only profit objective
  4. Production objective

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