BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Corporate objectives are those that relate to the business as a whole. They are usually set by the top management of the business and they provide the focus for setting more detailed objectives for the main functional activities of the business.

Detailed explanation-2: -MBO is an acronym for Management by Objectives. It can be defined as a management system that measures employees’ performance against a series of set targets or goals to gauge their overall performance in their role. These objectives are often tied into those set for the overall business or department.

Detailed explanation-3: -Normally, most organizational objectives can be summarized under four categories: Survival, growth, financial, and sustainability.

Detailed explanation-4: -Getting Maximum Results with Minimum Efforts-The main objective of management is to secure maximum outputs with minimum efforts & resources.