Business Studies, asked by gkanchi59, 6 months ago

5. OBJECTIVES OF BUSINESS
Objectives are the end towards which the activities of the business are directed. These are the goals
established to guide the efforts of the company. As far as possible a businessman must set up specific
of objectives. Objectives should not be set up in general terms. For example, the specific objective of the
firm can be "Increase in sale by 10% in one year time," whereas general objective can be "Increase in
sale"
The businessmen always have multiple objectives. They cannot follow only one objective. All objectives
are important but the most important objective of every business is earning profit.
Earning profit is very important and the prime objective of every business but it cannot be the sole
or only objective of business. The business objectives may be classified broadly into three categories.
These are:
Economic Objective​

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Answered by robertjoelmassey
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Answer:

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