Question : Case Study: XYZ Tech Solutions
XYZ Tech Solutions is a software development company known for its innovative products. The company is managed by three levels of management: top management, middle-level management, and lower-level management. XYZ Tech Solutions aims to be a market leader by providing cutting-edge technology solutions and excellent customer support.
Which objective of management focuses on achieving personal goals and aspirations in XYZ Tech Solutions?
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 the context of management relate to the individual goals and aspirations of employees, which may include career growth, skill development, job satisfaction, and personal achievements. While economic objectives focus on financial goals, social objectives relate to fulfilling social responsibilities, and organizational objectives pertain to the goals of the organization as a whole, personal objectives are specific to the desires and ambitions of individual employees.