Question : Which of the following statements is incorrect?
Option 1: Organisational objectives involve survival, profit, and growth.
Option 2: Social objectives involves salaries and perks to employees.
Option 3: Personal objectives involves good and healthy working conditions.
Option 4: None of the above.
Correct Answer:
Social objectives involves salaries and perks to employees.
Solution : Social objectives refer to the objectives that are decided to be achieved for the benefit of society. Social objectives deal with fulfilling obligations towards society. This means management must consistently create economic values for various constituents of society. Personal objectives refer to objectives related to the individual needs of employees and financial needs like competitive salaries and work provided to the employees, so that is their personal objective.
Hence, Option B is correct.
