BUSINESS ADMINISTRATION
PRINCIPLES AND PRACTICE OF MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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operational objectives
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budgets
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standing goals
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strategic goals
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Detailed explanation-1: -Strategic goals are goals set by and for top management of the organization. These goals are made by focusing on broad general issues. Strategic goals or strategies are usually long-term and from this goal, other goals are made and set for different time-frames and areas.
Detailed explanation-2: -Getting Maximum Results with Minimum Efforts-The main objective of management is to secure maximum outputs with minimum efforts & resources.
Detailed explanation-3: -Organizational goals are general targets that executives set for the company. They guide employee input and define the expected output. These goals outline these objectives, targets, and results they want to achieve in a given period. They guide operations and inform business decisions over time.