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If a company continues to remain in the market, but its profit is not increasing and it is not expanding, which of the following organisational objectives can be considered achieved at the minimum level?

Answer and explanation

Correct answer: Survival

Continuing to operate in the market indicates that the company’s survival objective is being achieved at the minimum level. Increase in profit relates to the profit objective, while expansion relates to the growth objective; therefore, option B is not correct. Exam tip: Distinguish survival, profit and growth as separate organisational objectives in management.

Related tags

Business StudiesManagementOrganisational ObjectivesSurvivalGrowthObjectives Of ManagementNature And Significance Of ManagementClass 12 Mcq

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