Explain objectives of Management.

Explain objectives of Management.

  • Answer –
  • Organisational objectives include survival through adequate revenue, profit as a reward for risk and a source of continuity, and growth in sales, products, employment or capacity.
  • Social objectives include good-quality goods at reasonable prices, fair employment opportunities, environmental care and useful community services.
  • Personal objectives include fair pay, recognition, career development, security and satisfying working conditions. Management must reconcile these with organisational goals.
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