Objectives of management

Profit is an organisational objective and safe products are a social objective. Good management can achieve both together.

Training develops employees and productivity benefits the organisation. This is a good alignment of two objectives.

Earning profit is necessary but customer interest is also a social objective. Low quality reduces trust.

Profit is an organisational objective because it provides the financial means to continue operations, replace assets, face risks and finance future expansion. The correct principle is reasonable and ethical profit, not unlimited profit obtained by harming stakeholders. Thus option A correctly explains that profit supports survival and growth. Option B is incorrect because profit and social responsibility can be pursued together when business practices are fair. Option C ignores the need for financial sustainability, while option D wrongly treats profit as an employee-only objective. Management must balance profit with social and personal objectives.

Profit helps meet expenses and future needs of the organisation. Without profit survival may become difficult.

Profit is an organisational objective but employee development is a personal objective. Good management needs balance of both.

Giving profit to shareholders relates more to organisational objective. Social objective relates to society customers and environment.

False advertising goes against customer interest and ethics. Social objective requires giving correct information.

Management balances all three types of objectives. Looking only at the organisational side makes the view incomplete.

Participation in decisions increases respect and satisfaction. It may be considered part of personal objective.

Safe workplace is in the interest of employees and society. Following labour laws strengthens social responsibility.

A dangerous product can harm customers and society. Social objective requires safe and proper products.

Increase in capacity and customer base indicates organisational growth. Growth is not only profit but also expansion.

Health and work life balance are personal needs of employees. They should not be ignored for profit.

Personal objectives mainly relate to employee needs. Identifying stakeholders is useful in MCQs.

Giving correct information to customers is social responsibility. Claiming social service does not justify ignoring customer interest.

Organisational objectives relate to economic and development needs of the organisation. Remember survival profit and growth.

Personal objective relates to needs like salary security respect and growth of employees. Understand it as employee centered.

Social objective shows the responsibility of organisation toward society. It includes customers environment and community.

This relates to employee welfare so it can be treated as personal objective. Employee welfare strengthens relation with the organisation.

A business does not work only for its owners. It also has responsibilities toward the people and surroundings connected with it. Activities that improve community welfare, such as cleanliness, education, health, or environmental care, are examples of social objectives. They show concern for society beyond immediate profit.

A cleanliness campaign in the local community directly benefits public surroundings and people living there. It is therefore related to the social objective of business. It is not a personal objective, because it is not about an individual employee’s needs, and it is not only a profit objective. Thus option A, Social objective, is the correct choice.

The governing concept is the personal objective of management: employees should receive conditions that support their welfare, security and satisfaction. A safe workplace reduces fear, accidents and avoidable stress. As a result, employees may feel valued, show stronger morale and work more efficiently, so option A is the appropriate answer. The word “may” is important because productivity is influenced by several factors, but safety generally creates a favourable foundation. Options B, C and D describe negative outcomes that do not logically follow from providing safety and are not recognised benefits of employee welfare.

The governing concept is balanced management. A business needs profit for survival and growth, but it also has a social responsibility to protect the environment, obey laws and avoid harm to the community. Option A combines reasonable profitability with compliance with environmental standards, so it reflects both objectives without sacrificing one completely. Option B obtains profit by creating environmental damage, C misleads consumers and D violates public obligations through tax evasion. These alternatives may improve private returns temporarily, but they are unethical and socially irresponsible. Long-term trust and sustainability require the balance shown in A.

Profit is necessary for business because it helps the organisation run and grow. The reason correctly explains the assertion.

Personal objectives include salary along with security respect and development. Therefore both statements are false.