Question : Statement 1: The primary objective of management is to maximize profits.

Statement 2: The primary objective of management is to achieve organizational goals efficiently.

Option 1: Both statements are true
 

Option 2: Both are incorrect
 

Option 3: Statement 1 is true, and Statement 2 is false.

Option 4: Statement 1 is false, and Statement 2 is true.

Question : Statement 1: Effective leadership is essential for successful management.

Statement 2: Leaders inspire and motivate employees to achieve organizational goals.

Option 1: Both statements are true
 

Option 2: Both are incorrect
 

Option 3: Statement 1 is true, and Statement 2 is false.

Option 4: Statement 1 is false, and Statement 2 is true.

Question : Statement 1: The management principles of planning, organizing, leading, and controlling are interrelated and interdependent.

Statement 2: Each function supports and complements the others to achieve organizational goals.

Option 1: Both statements are true
 

Option 2: Both are incorrect
 

Option 3: Statement 1 is true, and Statement 2 is false.

Option 4: Statement 1 is false, and Statement 2 is true.

Question : Statement 1: Management is the process of achieving organizational goals.

Statement 2: Management is limited to profit-oriented organizations.

Option 1: Both statements are true
 

Option 2: Both are incorrect
 

Option 3: Statement 1 is true, and Statement 2 is false.

Option 4: Statement 1 is false, and Statement 2 is true.

Question : Statement 1: The management principles used in the public sector can also be applied in the nonprofit sector.

Statement 2: Both sectors have similar organizational structures and goals.

Option 1: Both statements are true
 

Option 2: Both are incorrect
 

Option 3: Statement 1 is true, and Statement 2 is false.

Option 4: Statement 1 is false, and Statement 2 is true.