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Which is an organisational objective of management?

Answer and explanation

Correct answer: Earning profit and achieving growth

The governing concept is the classification of management objectives. Organisational objectives are goals that support the survival and success of the enterprise. They commonly include earning a reasonable profit, ensuring survival in competition, and achieving growth over time. Thus earning profit and achieving growth are valid organisational aims. Profit provides a return to owners and funds future operations, while growth may involve higher sales, wider markets, or increased capacity. Destroying resources, ignoring customers, and leaving the market would weaken or end the organisation rather than fulfil its objectives. Although management also considers personal and social objectives, option A clearly states organisational goals. Therefore option A is the only suitable answer.

Related tags

Organisational ObjectivesProfitGrowthObjectives Of ManagementNature And Significance Of ManagementBusiness StudiesClass 12 Mcq

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