Question

39.SBI opened a new branch in
Mumbai. It is fulfilling which of the
following organisational objective.

(a) Survival
(b) Profit
(c)Growth

(d) Innovation​

Answer 1

SBI opened its new branch in the city of Mumbai. It fulfilled option (c) growth as its organizational objective.

Explanation:

• Whenever an organization is founded, certain rules and regulations along with objectives or goals are also set in place.

• These objectives define how and where an organization will be at a certain time.

• Growth is an integral part of the objectives. Opening a new branch elaborates that any organization i.e. the bank is flourishing and reaching its targets.