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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

TOPIC PRACTICE

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4 questions

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  1. Personal objective
  2. Only tax payment
  3. Only market expansion
  4. Only pollution control
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  1. Growth
  2. Only employee respect
  3. Only community service
  4. Only customer warning
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  1. Company earns reasonable profit and sells a safe product with correct information
  2. Company sells an expensive product with wrong information
  3. Company saves cash by hiding tax
  4. Company reduces cost by spreading pollution
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  1. Both assertion and reason are true, and the reason is the correct explanation
  2. Both assertion and reason are false
  3. The assertion is true, but the reason is false
  4. The assertion is false, but the reason is true

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