Which of the following is NOT an organisational objective of management?
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → Social objective
Option (1) Survival objective — An organisational objective. Survival is the basic objective: the business must earn enough revenue to cover its costs.
Option (2) Growth objective — An organisational objective. A business must grow to remain in the industry in the long run.
Option (3) Profit objective — An organisational objective. Profit covers the costs and risks of the business.
Option (4) Social objective — Not an organisational objective. It is a separate class of objectives: creating benefit for society. Organisational objectives are the economic ones: survival, profit and growth.
NCERT (2026-27 Edition): “Objectives of Management Management seeks to achieve certain objectives which are the desired result of any activity. They must be derived from the basic purpose of the business. In any organisation there are different objectives and management has to achieve all objectives in an effective and efficient manner. Objectives can be classified into organisational objectives, social objectives and personal or individual objectives.” “(i) Organisational Objectives: Management is responsible for setting and achieving objectives for the organisation. It has to achieve a variety of objectives in all areas considering the interest of all stakeholders including, shareholders, employees, customers and the government. The main objective of any organisation should be to utilise human and material resources to the maximum possible advantage, i.e., to fulfill the economic objectives of a business. These are survival, profit and growth. …” |