Question

“Management helps in achieving personal objectives along with organisational objectives.” This statement highlights which objective of management? ____.

• A. Social objective
• B. Personal objective
• C. Organisational objective
• D. Financial objective

Hint:

A simple way to remember: - Organisational: Survival, Profit, Growth. - Social: Benefit to society (employment, environment). - Personal: Benefit to employees (salary, respect, training).

Answer 1

The Correct Option is B

Step 1: Understanding the Concept:
Management must balance the needs of the organization with the needs of the individuals who work within it. These individual needs are categorized as personal objectives.

Step 2: Detailed Explanation:
Personal Objectives (also known as Human or Individual objectives) refer to the goals related to the employees of the organization.
• A manager must motivate and lead the team in such a way that individuals are able to achieve their personal goals (like competitive salary, growth, and recognition) while contributing to the overall organizational goals.
• When an employee feels that their personal growth is tied to the company's success, they become more productive.

Step 3: Final Answer:
The statement highlights the Personal objective of management.