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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 3 · 25 questions

Practice questions

01Assertion states that social objective is related to responsibility toward customers and society. Reason states that business uses resources of society. Choose the correct option.

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02Which option gives an incorrect classification of objective?

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03An organisation earns profit from a new product and uses part of that profit for employee training. What does this show?

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04Which will be considered the best objective approach of management?

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05A company earns profit but does not create a system to listen to customer complaints. Which objective will be considered weak?

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06If an organisation gives good salary but does not provide respectful behaviour at the workplace which conclusion is correct?

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07An organisation saves money for the future even after covering its expenses. This is most related to which organisational objective?

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08If a business is continuously losing customers which organisational objective may be at risk first?

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09In which situation is the growth objective most clearly visible?

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10A company completely stops employee training to increase profit. Which objective will become weak?

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11An organisation gives goods to customers with correct weight and correct measurement. This is linked with which objective?

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12If an organisation gives fair promotion opportunity to an employee which objective is fulfilled?

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13A business improves its service quality to retain existing customers so that it can remain in the market and avoid closure. Which organisational objective does this most directly support?

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14Which option shows both organisational and social objectives together?

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15If an employee gets respect but salary is not paid on time which conclusion is correct?

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16A company invests part of its income in new machines and new market research. Which objective can this strengthen?

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17Assertion states that social objective is not limited only to donation. Reason states that it also includes customer interest and environmental protection. Choose the correct option.

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18Which objective includes maintaining the existence of the organisation?

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19Which objective includes increasing market share and sales area by the organisation?

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20An organisation resolves customer complaints fairly. Which objective does this show?

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21If an organisation only does social work but cannot pay employees which balance is disturbed?

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22Which option wrongly identifies a personal objective?

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23In which situation are personal and social objectives both visible?

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24If an organisation invests part of its earnings in research and new products which objective is it trying to fulfil?

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25An organisation dumps hazardous waste in the open to earn profit. Which objective of management is affected by this action?

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