Management objectives
Elucidate the meaning of management objectives?
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a. Organizational objectives of Survival (Earning enough revenues to cover cost); Profit (To Cover cost and risk); & Growth (To improve its future Prospects).
b. Social Objectives of giving benefits to society like using environmental friendly practices and giving employment to disadvantaged sections of society etc.
c. Personal Objectives because diverse personal objectives of people working in the organization have to be reconciled with organizational objectives.
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