Question : Case Study: ABC Retailers
ABC Retailers is a chain of stores specializing in fashion apparel. They have a hierarchical management structure with top management, middle-level management, and lower-level management. The company aims to provide a wide range of trendy clothing options and outstanding customer service.
Which objective of management focuses on achieving personal goals and aspirations in ABC Retailers?
Option 1: Economic objective
Option 2: Social objective
Option 3: Organizational objective
Option 4: Personal objective
Correct Answer: Personal objective
Solution : The correct answer is (d) Personal objective
Personal objectives in management refer to the individual goals and aspirations of employees or other stakeholders, rather than the goals of the organization as a whole. These personal objectives are typically aligned with the individual's career or personal development and may include aspects such as job satisfaction, career advancement, and personal growth. While personal objectives are important to employees, the primary focus of management within the organization is usually on economic, social, and organizational objectives, which relate to the overall success and sustainability of the company.
ABC Retailers is a chain of stores specializing in fashion apparel. They have a hierarchical management structure with top management, middle-level management, and lower-level management. The company aims to provide a wide
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