Question

What are the objectives of management ? Explain two types of management objectives.

Answer 1

Answer:

Management as a Profession. ... As a result of these developments the management has reached a stage where everything is to be managed professionally. A profession may be defined as an occupation that requires specialized knowledge and intensive academic preparations to which entry is regulated by a representative body.

Answer 2

Answer:

One objective is making sure of achieving organizational goals and targets are met – with least price and minimum waste.

The second objective is taking care of health and welfare, and safety of employees.