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Objectives of an Organisation: Meaning, Features and Importance

After reading this article you will learn about:- 1. Meaning of Objectives 2. Features of Objectives 3. Importance 4. Multiplicity 5. Hierarchy. Meaning of Objectives: Objectives refer to specific, measurable ends. They are identifiable goals towards which all organisational activities are directed. They are the end results of the organisation's operations. Objectives are the specific targets or standards against which [...]

By |2016-08-09T07:56:17+05:30August 9, 2016|Planning|Comments Off on Objectives of an Organisation: Meaning, Features and Importance

Goal Succession and Goal Displacement – Discussed!

After reading this article you will learn about goal succession and goal displacement. Goal Succession: When new goals are added to existing goals of the organisation, goal succession is said to have taken place. Goal succession can take the following forms: 1. Add New Goals to the Existing Goals: The company may decide to add new goals to its existing [...]

By |2016-08-09T07:56:17+05:30August 9, 2016|Planning|Comments Off on Goal Succession and Goal Displacement – Discussed!

Problems of Objective Setting and Ways to Overcome it

After reading this article you will learn about the problems of objective setting and ways to overcome it. Problems of Objective Setting: Setting organisational objectives has the following problems: 1. Risk: Though challenging objectives increase desire to perform better, they also increase the risk of their non-achievement. 2. Stress: As a result of risk, the challenging goals may increase mental [...]

By |2016-08-09T07:56:17+05:30August 9, 2016|Planning|Comments Off on Problems of Objective Setting and Ways to Overcome it
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