Nature and Significance of Management

Question

What are the three categories of objectives of management?

Answer

(i) Organisational Objective: It refers to the consideration of the interest of wholeorganisation during managerial activities.

(ii) Social Objective: It refers to the consideration of the interest of society during managerialactivities.

(iii) Individual Objective: It refers to the consideration of the interest of employees duringmanagerial activities.

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