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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 5 · 25 questions

Practice questions

01In a question based on objectives of management what is useful to identify first?

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02An organisation gives customers a clear product return policy. This is most related to which objective?

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03If a company gives employees regular feedback and opportunity to improve which objective becomes stronger?

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04A business buys from local suppliers at fair prices and pays on time. This may be linked with which objective?

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05In which situation are both survival aspect of organisational objective and social objective visible together?

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06An organisation improves customer service when sales decline so that customers return. Which organisational objective does this strengthen?

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07A company opens new sales centres in small towns. This is an example of which objective of management?

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08Providing respectful treatment to employees at the workplace is related to which objective of management?

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09A company clearly informs customers about the expiry date of a product. This is an example of which objective of management?

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10If an organisation is unable to cover its expenses which objective will be affected the most?

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11Which option is a correct indicator of personal objective?

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12An organisation conducts a skill-development workshop for its employees. This is primarily related to which objective of management?

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13In which situation can organisational and personal objectives both be fulfilled together?

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14If a company remains in the market but continuously suffers losses which objective is weak?

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15A company increases production but also follows environmental rules. Which balance does this show?

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16After earning a profit, an organisation invests a part of its profit in research and development (R&D). Which organisational objective of management is strengthened the most by this action?

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17If an organisation does not provide safety equipment to employees which objective is ignored?

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18A business uses its profit to repay old debt and continue operations. This is linked with which objective?

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19In which situation can ignoring personal objective also weaken organisational objective in the long run?

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20An organisation improves the quality of its products and thereby increases customers’ trust. Which social objective of management does this represent?

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21If management makes maximum profit the only target and forgets social responsibility what problem may occur?

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22A company provides counselling facility for employees to reduce stress. This is linked with which objective?

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23Which option wrongly identifies the growth objective?

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24Which option shows a wrong understanding of the profit objective?

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25An organisation gives employees timely salaries and adequate rest time. Which objective does this show?

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