explain the two national objective of business...
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A. Economic Objectives: Economic objectives of businessrefer to the objective of earning profit and also otherobjectives that are necessary to be pursued to achieve the profit objective, which include, creation of customers, regular innovations and best possible use of available resources.
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1. Optimum utilisation of national resources.
2. National self-reliance(self dependency of nation)
3. Development of backward areas.
4. Control over pollution.
Business objectives are something which a business organisation wants to achieve or accomplish over a specified period of time. These may be to earn profit for its growth and development, to provide quality goods to its customers, to protect the environment, etc.
An aim is where the business wants to go in the future, its goals. It is a statement of purpose, e.g. we want to grow the business into Europe. Business objectives are the stated, measurable targets of how to achieve business aims.
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