What are the three objectives of management? Briefly describe the meaning of these objectives.
What are the three objectives of management? Briefly describe the meaning of these objectives.
The three objectives of management are :
(i) Organisational objectives
(ii) Social objectives
(iii) Personal/individual objectives
The meanings of the three objectives are as follows :
(i) Organisational Objectives: These objectives are related to overall goals, purpose or mission of a business and focus on profits or revenue generation and sustainability in the long-run.
(ii) Social Objectives: Social objectives are related to the organisation's commitment towards the well-being of the society and ensuring a better standard of living in and around their environment.
(iii) Personal/Individual Objectives: These objectives are related to maintaining a positive relationship with employees and enhancing their individual growth and development.
The three objectives of management are :
(i) Organisational objectives
(ii) Social objectives
(iii) Personal/individual objectives
The meanings of the three objectives are as follows :
(i) Organisational Objectives: These objectives are related to overall goals, purpose or mission of a business and focus on profits or revenue generation and sustainability in the long-run.
(ii) Social Objectives: Social objectives are related to the organisation's commitment towards the well-being of the society and ensuring a better standard of living in and around their environment.
(iii) Personal/Individual Objectives: These objectives are related to maintaining a positive relationship with employees and enhancing their individual growth and development.
