The three objectives of management are :
Organisational objectives : Management is responsible for setting and achieving the objectives of an organisation.
These objectives include :
• Optimum utilization of resources.
• Innovation and development of new product or a new method of production.
• Securing maximum results with minimum efforts.
• Integration of organisational and individual interest.
Social objectives: Social objectives deal with the commitment of an organisation towards society-.
These objectives include :
• Consumer satisfaction
• Providing financial support to community
• Preservation and protection of environment
Individual Objectives: It refers to ascertainment of the objectives in reference to the employees, while ascertaining personal objectives. It must be taken into consideration that in no way there is a clash between organisational and personal objectives.
These objectives include :
• Providing good working conditions
• Peer recognition
• Good human relations amongst the workers
• Integration of personnel objectives with corporate objectives.
