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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 6 · 25 questions

Practice questions

01A company installs a treatment plant to avoid polluting the local water source. Which objective does this fulfil?

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02If an organisation earns profit but does not maintain safety standards in its products, which objective is weak?

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03Assertion (A): The growth objective of a business is not limited only to opening new branches. Reason (R): An increase in sales, expansion of the customer base, and product diversification can also indicate business growth. Choose the correct option.

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04Assertion states that personal objectives are related to employees. Reason states that salary security respect and development are employee needs. Choose the correct option.

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05The assertion says that tax evasion may increase profit, so it is correct management. The reason says that profit is an organisational objective. Choose the correct option.

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06Which option correctly matches an objective with an example?

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07An organisation gives training but makes employees work in a very unsafe environment. Which conclusion is correct?

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08An organisation runs an education programme in society but hides customer complaints. Which objective is not properly fulfilled?

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09In which situation is there balance between profit and personal objective?

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10In which situation can social objective and growth objective strengthen each other?

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11A company adopts costly but safe packaging for customer safety. Which objective does this prioritise?

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12If an organisation continuously adds new products and its customer numbers increase, which objective is visible?

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13An organisation provides after-sales support so that customer problems are solved quickly. Which objective does this relate to?

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14If an organisation does not give fair remuneration according to work which objective will be weak?

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15An organisation earns profit but does not reinvest any part of its income to increase future capacity. Which managerial objective may remain weak?

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16Which option is a customer centred form of social objective?

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17An organisation helps employees during family emergencies. Which objective can this show?

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18In which situation can ignoring social objective also create a legal problem?

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19Which statement shows the correct understanding of balance of objectives?

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20An organisation earned profit but also trained employees to become future leaders. This is a combination of which two objectives?

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21A business is making a loss but does not compromise on providing safe products to customers. Which objective is being fulfilled?

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22Which option correctly matches an organisational objective of management with its appropriate example?

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23If an organisation listens to employee opinions and improves working conditions, which objective becomes stronger?

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24Why are words like employee customer society and organisation useful clues in objective classification questions?

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25An organisation reviews customer complaints monthly and improves the product. Which objective does this strengthen?

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