Question: What are the three categories of objectives of management?
Answer:
i). Organisational Objectives: It refers to the utilisation of human and physical resources available in the organisation, considering the interest of all stakeholders.
ii). Social Objectives: It refers to the consideration of the interest of the society during managerial activities.
iii). Personal or Individual Objectives: It refers to the objectives to be determined with respect to the employees of the organisation.