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Which option shows an incomplete analysis of organisational objective?

Answer and explanation

Correct answer: Judging an organisation's success solely by this month's profit

The major objectives of an organisation include profit, survival and growth. Judging success only from one month's profit is incomplete because it ignores long-term stability and development. Capacity expansion can be a means of growth, so it is not limited to a short-term profit-only approach. Exam tip: In questions on organisational objectives, always check whether profit, survival and growth are considered together.

Related tags

Organisational ObjectivesProfitSurvivalGrowthManagement ObjectivesClass 12 Business StudiesObjectives Of ManagementNature And Significance Of Management

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