This document discusses the objectives of management including getting maximum results with minimum effort, increasing production efficiency, and ensuring prosperity for employees and employers. It describes setting objectives based on organizational strategy and defining specific performance targets. Both qualitative and quantitative approaches to setting objectives are discussed, as well as management by objectives which involves subordinates and superiors jointly setting goals. The differences between managers and leaders are outlined, along with 10 key qualities of a good leader. Finally, four common leadership styles - authoritarian, laissez-faire, democratic, and bureaucratic - are defined.