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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 4 · 25 questions

Practice questions

01Which statement correctly explains the profit aspect of an organisational objective?

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02A company gives employees freedom to give suggestions. Which objective can this promote?

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03If an organisation only cares for employee facilities but gives poor goods to customers which objective is ignored?

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04Which option gives all three objectives correctly?

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05An organisation spends on employee welfare and absenteeism decreases. What relationship does this show?

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06A company behaves honestly to maintain a good image in society. This is linked with which objective?

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07In which situation are both profit and growth aspects of organisational objective visible?

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08In which situation can ignoring social objective also affect organisational objective?

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09Assertion states that employee development is a personal objective. Reason states that developed employees can also increase organisational productivity. Choose the correct option.

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10In the context of business, which statement correctly describes the relationship between survival and profit?

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11An organisation distributes study material to a local school. Which objective of management is best illustrated by this activity?

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12If an organisation gives learning opportunities to employees but not a safe environment which conclusion is correct?

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13Which of the following is a correct example of protecting customer interests?

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14An organisation says that its only goal is owner profit. From the view of management objectives how is this approach?

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15In which situation are both social objective and legal responsibility violated?

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16If an organisation only sees current profit and does not invest in future growth which objective may become weak?

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17Which option gives an incorrect match of stakeholder and objective?

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18A company regards expenditure on employee welfare as an investment rather than an expense. What is the most appropriate reason for this view?

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19In which situation is balance of objectives seen best?

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20A company conducts safety drills to ensure employee safety and prevent accidents. This is most closely related to which objective of management?

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21If management ignores social objective what may happen in the long run?

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22An organisation provides health insurance for employees. This is an example of which objective?

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23An organisation sets a fair price for its product so that customers are not exploited. Which objective of management does this reflect?

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24Assertion states that organisational objectives include survival profit and growth. Reason states that an organisation needs to remain earn and expand. Choose the correct option.

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25An organisation earns profit gives bonus to employees and also runs a cleanliness campaign. What does this show?

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