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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.

Medium · Level 2 · 25 questions

Practice questions

01In which situation are organisational and social objectives both visible?

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02In which situation are personal and organisational objectives fulfilled together?

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03A company sells low quality goods for higher profit. Which objective is in conflict?

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04Which statement shows the correct understanding of the profit objective?

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05If a business does not earn profit what problem may arise first?

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06If an organisation earns high profit but does not develop employees which conclusion is correct?

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07In which option is social objective wrongly identified?

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08A company increases sales through false advertising. Which objective will be considered weak?

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09Why is it wrong to understand management as limited only to organisational objectives?

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10Employees in an organisation are given opportunity to participate in decisions. This is linked with which objective?

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11Which example shows both social objective and legal compliance?

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12If an organisation sends a product to market despite knowing a dangerous defect which objective is most affected?

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13In which situation will growth objective be clearly visible?

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14A company makes employees work excessively for profit and health problems increase. Which objective is ignored?

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15Which option correctly matches objective and stakeholder?

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16If an organisation works for society but does not give correct information to customers which social aspect is weak?

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17Which statement correctly explains organisational objective?

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18Which statement correctly explains personal objective?

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19Which statement correctly explains social objective?

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20An organisation supports education of employees children. It is most related to which objective?

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21A business runs a cleanliness campaign in the local community. This is an example of which objective?

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22If an organisation provides a safe environment for employees, what benefit can result?

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23In which situation is there a healthy balance between profit and social objectives?

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24Assertion states that profit is necessary for management. Reason states that profit helps survival and growth of the organisation. Choose the correct option.

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25Assertion states that personal objectives are limited only to salary. Reason states that employees do not need respect and development. Choose the correct option.

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