Question

‘Objectives of Management can be classified into organisational, social, and personal objectives.’ Explain these objectives.

Answer 1

The objectives of management can be classified as follows:

1. Organisational objectives: These goals relate to the organisation’s main goals, such as making money, staying alive, and expanding. They are concerned with making good use of resources and reaching business goals.
2. Social objectives: The organization’s duty to society is briefly stated in these goals. Some of them are making sure customers get good products, creating jobs, and helping the neighborhood.
3. Personal objectives: These goals relate to each employee’s personal goals, such as earning a good salary, advancing in their career, and being happy in their job. Management should ensure that people’s goals align with the organization’s goals.