objectives are the end results towards which all managerial efforts and organisational activities are directed '. in the light of this statement briefly explain any two objectives of management
Answers
Answer:
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Answer: All managers put in a lot of effort to perform organisational activities and all these efforts helps to achieve various objectives.
Explanation:
Objectives of management includes :
- Organisational objectives
- Personal Objectives
- Social Objectives
Organisational Objectives- These objectives include all the long/short term objectives setup by an organisation.
- Survival- After inception Survival is the basic objectyive of any organisation, this is where Management put in effort to take up challenges as efficiently as possible and sail through succesfullly through the dynamic envirnoment.
- Profit- This is Phase where all managers tries to maximise the return on investment.
- Growth- By fulfilling this objectve the management is putting an effort towards building new short-term/Long term assests.
Personal Objectives- These include the individual objectives of the employees of the organisation and putting an effort to fullfil individual objectives is of vital importance. This done by integratining organisational objectives with individual objectives..
- Providing fair Remunatration and safe work environment to employees.
- Proving growth oriented envirnoment to employees
- Ensuring ample Rewards and recognistion for employees' efforts
Social Objectives- These objectives include all the efforts a managment does for the betterment of the society. Being part of the community it becomes the managements prime objective To serve the society in return.
- Making effort towrds Pollution free envirnoment
- Providing employement oppurtunities
- Providing quality products to customers at a reasonable price