Question

Management of any organisation strives to attain different objectives. Enumerate any two such objectives.

Answer 1

The management of any organization strives to attain the following objectives

(i) Organizational objectives: The organizational objectives of an organization are profit maximization, attaining strong financial position, capturing maximum market share, building good reputation, etc.
(ii) Social objectives: The social objectives of business are production and supply of quality goods, adoption of fair trade practices, providing welfare amenities, etc.