Question

explain briefly the multiple objective of a business

Answer 1

Answer:

Ans: Business requires multiple objectives since it has to balance a number of needs and goals related to various aspects of society. Following only one objective cannot lead business towards excellence. Objectives are needed in every area where performance and results affect the survival and prosperity of business.

Explanation:

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Answer 2

A business organization has multiple objectives such as earning profits, providing goods and services, corporate social responsibility, etc.

Explanation:

• A business organization is an organization of people which works towards achieving multiple objectives. These objectives can be:
• The major objective of a business organization is to earn profits and maximize profits in the long run.
• Another objective of a business is to provide goods and services to the customers.
• Another objective could be to perform its societal responsibilities which include reduction of environmental pollution, charity, etc.