Business Studies, asked by Muskangarg3453, 1 year ago

define the term 'business'? what are the objectives of a business?

Answers

Answered by purnima59
2
Business is an human activity which involves production, distribution and exchange with an intention to earn profit
There are different objectives of business. They are,
Economic objectives
Social objectives
National objectives
Human objectives etc.

Hope it helps...
Answered by Mustela
2

Answer:

Explanation:

Business process - It refers to the system and the methodology based on which a firm or the Organization works. This states about the level and the channels of working regarding the communication, projects, task or goals and objectives. The business process can be differentiated based on the nature, scale, and fundamentals of the Organization.

Business goals for any business firm's can be -

1 - Earning profit through business processing.

2 - Financial Stability to meet long run needs.

3 - Create Awareness among the target customers.

4 - Growth and Expansion of the firm.

5 - Creating the GoodWill for the firm.

6 - Accommodation of valuable asset for the business.

7 - Creating a Unique market share for the business.

8 - Upgradation of the working pattern of the firm.

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