Which of the following objectives are achieved by an organization to fulfill the economic objectives of a business?

Organisational objectives

The correct answer is option 1- Organisational objectives.

Organisational objectives are achieved by an organization to fulfill the economic objectives of a business.

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.