H. Tech Ltd. Is a company producing IT services. The company's profits are enough for the survival and growth. The management of the company believes that a satisfied employee creates a satisfied customer, growth. The management of the company believes that a satisfied employee creates a satisfied customer, who in turn creates profits that lead to satisfied shareholders. So, it pays competitive salaries and perks to all its employees. All the employees are happy working in the organisation because of personal growth and development.
The company has a strong sense of social responsibility. It has set up an engineering college in which one-third of the students are girls to whom the company gives 50% scholarship.
Is the management of H. Tech Ltd. fulfilling its objectives? Justify your answer by giving reasons.

Explanation

Yes, the management of H. Tech Ltd. Is fulfilling all the objective-organisational objectives, social objectives and personal objectives.
(i) Organisation objectives are the economic objectives of a business. These are survival, profit and growth.
'Profits of H. Tech Ltd. are enough for the survival and growth.'
(ii) Social objectives involve creation of benefits or economic value for the society.
'H. Tech Ltd. has set up an engineering college in which one-third of the students are girls to whom the company gives 50% scholarship.'
(iii) Personal objectives are related to satisfying diverse needs of the employees such as financial needs, social needs and higher level needs.
".....it pays competitive salaries and perks to all its employees. All the employees are happy working in the organisation because of personal growth and development."