explain the objectives of management
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(1) Organisational Objectives:
It refers to the objectives for the whole organisation. While fixing these objectives, management keeps into consideration the benefit of all the related parties (like owner, employee, customer, government, etc.). This also fulfils organisational economic objectives which are survival, profit and growth.

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(i) Survival:
Every business wants to survive for long. So, management by taking positive decisions with regard to different business activities should ensure that business survives for long,
(ii) Profit:
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Profit plays an important role in facing business hazards and successful running of business activities. So, it must be ensured by the management that adequate profit is earned by the business,
(iii) Growth:
Every business wants to grow. Management must ensure growth of business. Growth can be measured by sales, number of employees, products, capital investment, etc. If all these show an increasing trend then it can be concluded that business is heading towards growth.
(2) Social Objectives:
It refers to the consideration of the interest of the society during managerial activities. An organisation is established in a society. It runs through the resources made available by the society.
That is why it becomes the responsibility of every organisation to account for social benefits.
Thus, social objectives are defined as the fulfillment of responsibility of an organisation towards society. Under this objective the manager promises to assure health, safety and price control.
Main social objectives of management are included in the following list:
(i) To make available employment opportunities
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(ii) To save environment from getting polluted
(iii) To contribute in improving living standard.
For example:
Asian Paints has provided funds under its community development programme, which has made possible the effective utilisation of local resources by the farmers.
In the same manner, Steel Authority of India regularly provides services related to agriculture, industry, education, health, etc. to the people living nearby its steel plants.
(3) Personal or Individual Objectives:
It refers to the objectives to be determined with respect to the employees of the organisation. The employees happen to be prudent and sensitive resource for the company.
It is, therefore, highly imperative to take care of the feelings of the employees. It is an undoubted fact that the satisfaction of the employees means rapid progress for the company.
This fact of tremendous importance should never be lost sight of. Main objectives of management towards employees are as follows:
(i) To give deserving remuneration
(ii) To provide good working environment
(iii) To provide a share in profit.
It refers to the objectives for the whole organisation. While fixing these objectives, management keeps into consideration the benefit of all the related parties (like owner, employee, customer, government, etc.). This also fulfils organisational economic objectives which are survival, profit and growth.

Image Courtesy : nmetau.edu.ua/cice/images/dnk_02.jpg
(i) Survival:
Every business wants to survive for long. So, management by taking positive decisions with regard to different business activities should ensure that business survives for long,
(ii) Profit:
ADVERTISEMENTS:
Profit plays an important role in facing business hazards and successful running of business activities. So, it must be ensured by the management that adequate profit is earned by the business,
(iii) Growth:
Every business wants to grow. Management must ensure growth of business. Growth can be measured by sales, number of employees, products, capital investment, etc. If all these show an increasing trend then it can be concluded that business is heading towards growth.
(2) Social Objectives:
It refers to the consideration of the interest of the society during managerial activities. An organisation is established in a society. It runs through the resources made available by the society.
That is why it becomes the responsibility of every organisation to account for social benefits.
Thus, social objectives are defined as the fulfillment of responsibility of an organisation towards society. Under this objective the manager promises to assure health, safety and price control.
Main social objectives of management are included in the following list:
(i) To make available employment opportunities
ADVERTISEMENTS:
(ii) To save environment from getting polluted
(iii) To contribute in improving living standard.
For example:
Asian Paints has provided funds under its community development programme, which has made possible the effective utilisation of local resources by the farmers.
In the same manner, Steel Authority of India regularly provides services related to agriculture, industry, education, health, etc. to the people living nearby its steel plants.
(3) Personal or Individual Objectives:
It refers to the objectives to be determined with respect to the employees of the organisation. The employees happen to be prudent and sensitive resource for the company.
It is, therefore, highly imperative to take care of the feelings of the employees. It is an undoubted fact that the satisfaction of the employees means rapid progress for the company.
This fact of tremendous importance should never be lost sight of. Main objectives of management towards employees are as follows:
(i) To give deserving remuneration
(ii) To provide good working environment
(iii) To provide a share in profit.
Answered by
1
objectives of management can be classified into following types:
1)organisational objectives
⇒survival
⇒profit
⇒growth
2)social objectives: It involves the creation of benefit for society.This includes environmental friendly mehtods of production, giving employment opportunities nd providing basic amenities like schools etc.
3)personal objectives:organisations are made up of people who have different personalisties , backgrounds, experience, ans objectives. management has to reconcile personal goals with organisational goals for harmony in the organisation.
muminjr:
nice
thanks
no need preeti
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