Management is the process of getting the work done with the aim of achieving the organisational goals in an efficient manner. Three objectives of management are as follows:
(i) Organisational objectives: Organsational objectives are those objectives which are needed to achieve the economic goals of the organisation. The main objective of any organisation is to utilise human and non-human resources in the most effective and efficient manner. Organisational objectives includes majority three objectives (a) Survival (b) Profit (c) Growth.
(ii) Social objectives: Social objectives refer to those objectives which are desired to be achieved for the benefit of the society. Business makes use of scarce resources of society, so society expects something in return for its welfare. Social objectives deal with fulfilling the obligations towards society.
(iii) Personal/individual objectives: Personal objectives refer to the objectives related to the needs of the individuals working in the organisation. Individual objectives include both financial as well as social needs.