Business Studies

Very Short Answer Question: 
Give any two objectives of organising.


SOLUTION
1. Basis for managerial functions:
Objectives provide basis for all managerial functions. Planning, organizing, staffing, directing and controlling are directed towards organisational objectives. Unless organisational objectives are clearly identified, managerial functions will not be effectively carried out.

2. Basis for organisational existence:
Objectives provide foundation or legitimacy to business organisation. An organisation will not come into existence if it has no objective to achieve. Objectives enable the organisation to make its profile (identify its strengths and weaknesses) and relate it with environmental profile (opportunities and threats). Organisation can, thus, relate itself with the environment.
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Subjective Medium Published on 18th 09, 2020
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