explan mutiple objective of business?
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Explanation:
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It is generally believed that profit earning is the primary objective of business. ... 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.
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.
The Six Strategic Business Objectives
The Six Strategic Business ObjectivesCustomer and supplier intimacy.
The Six Strategic Business ObjectivesCustomer and supplier intimacy.New products, services, and business models. The Porter model is used to describe the “power” a specific entity has over Target's decision making. ...
The Six Strategic Business ObjectivesCustomer and supplier intimacy.New products, services, and business models. The Porter model is used to describe the “power” a specific entity has over Target's decision making. ...Improved decision making.
The Six Strategic Business ObjectivesCustomer and supplier intimacy.New products, services, and business models. The Porter model is used to describe the “power” a specific entity has over Target's decision making. ...Improved decision making.Operational excellence. - By using IS, that will help the managers to make decision for non-routine questions.
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