Trusted by millions of Kenyans
LoginRegister
Study resources on Kenyaplex

Get ready-made curriculum aligned revision materials

Exam papers, notes, holiday assignments and topical questions – all aligned to the Kenyan curriculum.

Browse exam papers
Or go directly to:
Class notes Holiday assignments Topical questions Other resources

Importance of objectives of formulating objectives in an organization

Importance of objectives of formulating objectives in an organization

Answers

Faith
1. They provide direction for original effort and they give purposed to organization
members
2. Managers should use objectives as a guide to decision making management who knows
objectives that has been established for the organization is more likely than other to make
decisions that will ensure objectives are released
3. Objectives provide a measure of organization performance. They set out these targets to
be achieved and also provide a measure of how well this have been accomplished
4. Managers should use objectives as guidelines for increasing organizational efficiency. An
efficient organization is one that wastes little organization resources to attain organization
objectives. Managers must therefore have clear objectives in their lives in order to
develop maintain an efficient organization.
5. Managers should use objectives as a guide for performance appraisal objectives. A
manager should therefore evaluate reward employee performance in terms of how instrumental the performance in in helping the organization attain its organization.
6. Managers should consider objectives as performing an intergrading function within the
firm they provide a means for setting priorities and solving conflicts between organizational elements. The marketing department for insurance may seek one set of objectives yet strategic that is different from that of human resource. Objectives provide a means of integrating that diverse activities and functions for the benefit of the organization.
Titany answered the question on October 19, 2021 at 08:35

Answer Attachments

Next: Information That Should Appear In Good Mission Statement

Previous: Areas in which organization objectives should be established

View more Strategic Management Questions and Answers  |  Return to Questions Index

Exams With Marking Schemes

Related Questions