While setting objectives, departments or units need to set their own objectives within the broad framework of the organisation’s ________.
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → philosophy
Option (1) premises — Incorrect. Premises are assumptions about the future on which plans are drawn.
Option (2) environment — Incorrect. The environment is the outside conditions the firm works in; unit objectives are framed within the organisation’s own philosophy.
Option (3) philosophy — Correct. Unit objectives must fit the organisation’s broad philosophy, so they all point the same way.
Option (4) standards — Incorrect. Standards are targets set for measuring performance in controlling; they come after objectives.
NCERT (2026-27 Edition): “(i) Setting Objectives: … Objectives should be stated clearly for all departments, units and employees. They give direction to all departments. Departments/ units then need to set their own objectives within the broad framework of the organisation’s philosophy. Objectives have to percolate down to each unit and employees at all levels. At the same time, managers must contribute ideas and participate in the objective setting process. They must also understand how their actions contribute to achieving objectives. If the end result is clear it becomes easier to work towards the goal.” |