Canara Bank opened a new Branch in Bangalore. It is
fulfilling which of the following organisational objective :
(a)survival (b) profit (c) Growth (d) innovation
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Answer:
The answer is (c) Growth
Explanation:
1 a stage or condition in increasing, developing, or maturing The tree reached its complete boom.
2 : a herbal manner of growing in size or developing increase of a crystal.
3 : a gradual increase the growth of wealth.
4 : some thing (as a covering of plants) produced through growing.
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The organizational objective fulfilled by Canara bank, in this case, is Growth
- Organizational goals are the actions companies take to fulfill their mission and vision.
- It might manifest as an organization thriving, making money, inventing, or growing.
- In this instance, the goal of growth is being attained.
- When a business grows, it establishes additional branches elsewhere to provide its goods and services to more customers.
- A company gets confidence and broadens its reach to other areas when it makes large earnings in one area.
- As an indication of its growth and expansion, in this case, the bank opens a new branch in a different area.
- Therefore, the correct answer is (c) Growth
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