Business Studies, asked by andypandit286, 9 months ago

Enumerate the three economic objectives of management.

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Answered by Kitsch
30

Answer:

Management is the process of getting things done through and with people in an effective and efficient manner.

The three economic objectives of management are --

1. Organisational Objectives --

== An organisation has to achieve its different objectives like Survival, Profit and Growth.

2. Social Objectives --

== An organisation has social objectives towards different groups of society like providing quality products at fair prices, giving employment opportunities, etc.

3. Personal Objectives --

== An organisation strives to fulfil personal objectives of its employees and also to reconcile their objectives with the organisational objectives. e.g., competitive salaries, personal growth etc.

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