Question

four objectives a private sector business might use ​

Answer 1

Answer:

When considering what the aims and objectives of the private sector are, the easily apparent answer is to maximize the profits for shareholders and owners. This is accurate but the ways that these aims are to be achieved provides more detailed objectives.

Answer 2

Answer:

Most private sector businesses have this as their main objective. Profit maximisation is a variation of the profit objective. This is when an organisation aims to make as much profit as possible. They do this by finding the right balance between their selling price, sales volume, and the costs of production.