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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 7 · 4 questions

Practice questions

01If a company shows employees a clear career path which objective is helped?

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02A business invests part of its earning in new technology and increases production capacity. Which objective does this show?

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03In which situation are organisational profit and social responsibility fulfilled together?

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04Assertion states that the profit objective is not unethical. Reason states that reasonable profit helps the survival and growth of an organisation. Choose the correct option.

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