Economy, asked by bawakhushi2002, 4 months ago

explain the economic and non economic goals of business firms​

Answers

Answered by muneebatanveer
5

Answer:

economic goals

1. make their buyers sure that they have pure materials

2. sell a large amount of items with profit by awaring people about quality of items

non-economic goals

1. get profit from business

2. to recover losses at time

Explanation:

hope it will help you

Answered by brokendreams
14

The economic goals of business firms include profits while non economic goals include the societal impacts.

Explanation:

  • There are economic and non economic goals of business firms. The primary economic goal of a business firm is profit earning. Profit is the fundamental aspect for a business.
  • Other economic goals include aspects like acquiring customers, attaining and with holding customers, innovation and a wise use of resources for the gain of business.
  • Non economic goals of a business firm is social responsibility, generation of employment opportunities, wise and sustainable use of environment and fair business practice.
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