Practicing Success
Which of the following is not an organisational objective of management? |
Earning enough revenue to cover costs Earning sufficient profits to cover risks of business Providing free education to their employee's children None of the above |
Providing free education to their employee's children |
Providing free education to children is a social objective of management. 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 |