"A business needs to add to its prospects in the long run. For this, it is important for the business to grow". Which Objective of Management is highlighted here?
"A business needs to add to its prospects in the long run. For this, it is important for the business to grow". Which Objective of Management is highlighted here?
Solution
✅ Correct Option: 4
Organisational objectives of management include survival, profit and growth. The statement about adding to long-run prospects by growing refers to growth, which is an organisational objective. Hence Organisational Objective is highlighted.
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