( 1) Economic objectives:
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Economic objectives are the targets that are set by individuals / firms / governments to achieve. All bodies pursue maximising objectives which aim to get the most out of what they do. Firms are regarded as profit maximisers who attempt to maximise shareholder value and generate funds to support growth.
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⇒The objective of earning profit and also other objectives that are necessary to be pursued to achieve the profit objective.
⇒ Its include, creation of customers, regular innovations
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