Question

ABC Ltd. Inventing a new machinery to curb its production problem. Which objective it is trying to achieve

Answer 1

Answer:

profir is his main objective

Explanation:

due to the invention of new machinery ge can solve his problems which they faced on by using old machinery.

for example- time consuming, less products in a unit time, etc..

Answer 2

Answer:

Innovation under economic objective.

Explanation:

Innovation objectives are goals to improve things by order of magnitude. Innovation typically requires experimentation, risk-taking, and creativity. Innovation objectives involve greater uncertainty than a typical business objective that aims for predictable and quick improvements. It helps in the production of goods or product effectively and efficiently and saves time, and satisfies the customer's needs.

The various types of innovation objectives are as follows-

• Time- it helps to do the work faster.

• Productivity- the production of a product also increases.

• Convenience- it helps and makes the work easier for customers.

• Risk- it reduces the burden of risks.

• Quality - it improves the production of output quality.

• Customer satisfaction - it helps in fulfilling the demands of the customers.

#SPJ3

Read here more-

Role of education in overcoming obstacles in innovation

https://brainly.in/question/7163398

What is management in principles of management?

https://brainly.in/question/1775295