Management teams work to use resources effectively in order to provide the highest possible performance. Management must reconcile personal goals with organizational objectives to achieve harmony in the organization. The most important objectives of management are to use the various resources of the company in the most economical way. Management maintains discipline and increases people's morale by applying the principles of decentralization and delegation of authority.
In any business, there are several objectives and management has to complete all the objectives efficiently and effectively. The main objective of any organization should be to use human and material resources with the maximum possible benefit, that is, the management of any organization achieves the personal objectives of employees by focusing on the personal needs of employees and satisfying them. Setting targets for various factors of production will help them improve their performance. The concept mentioned above is the one that is explained in detail about the Objectives of Management for Commerce students in class 12. Knowing the above is the concept, which is clarified in detail about the Objectives of Management for students in class 12 of Commerce.
In any organization there are different objectives and management must achieve all the objectives effectively and efficiently. Objectives can be classified into organizational objectives, social objectives, and personal or individual objectives.