Question

exlain any three economic objective of business​

Answer 1

Answer:

The three economic objectives of the business are:

1. survival
2. growth and expansion
3. profit

Every organisations basic purpose/economic objective is to survive and exist in the market for a long period of time and earn as much as profit as possible. Also, the expansion of business.

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Answer 2

Answer:

Its economic objectives relate to earning a satisfactory profit, creating customers and making innovation. Its social objectives comprise supply of quality goods in sufficient quantity at reasonable prices, fair deal to workers, fair returns to investors, and fair dealings with suppliers of materials.