primary objective of bussiness
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The Goals of a Business. The primary purpose of a business is to maximize profits for its owners or stakeholders while maintaining corporate social responsibility.
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The primary purpose of a business is to maximise profits for its stakeholders/owners while maintaining corporate social responsibility.
Explanation:
- The Primary Goals of a Business is Profit. The primary objective of a business is to Increase profits for the owners or stakeholders and also maintaining a corporate social responsibility.
- One Example is like, increasing the sales by 5% each year, and keeping a labour turnover at less than 4%. A Business objective is something which aims at a good profit, for the benefit, growth and development of the organisation; maintaining a good quality product and a good relationship with its customers, protecting the Environment etc.
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profit earning is the main objective of business. explain?
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