InterviewSolution
| 1. |
Explain any three objectives of management. |
|
Answer» The three objectives of management are : Organisational objectives : Management is responsible for setting and achieving the objectives of an organisation. These objectives include : • Optimum utilization of resources. • Innovation and development of new product or a new method of production. • Securing maximum results with minimum efforts. • Integration of organisational and individual interest. Social objectives: Social objectives deal with the commitment of an organisation towards society-. These objectives include : • Consumer satisfaction • Providing financial support to community • Preservation and protection of environment Individual Objectives: It refers to ascertainment of the objectives in reference to the employees, while ascertaining personal objectives. It must be taken into consideration that in no way there is a clash between organisational and personal objectives. These objectives include : • Providing good working conditions • Peer recognition • Good human relations amongst the workers • Integration of personnel objectives with corporate objectives. |
|